Bank Al-Maghrib’s Increasing Advances and the Impact on Treasury Investments: A Comprehensive Analysis
2023-07-21 20:23:52 This deficit comes at a time when the 7-day advances of Bank Al-Maghrib (BAM) increased from 460 million dirhams (MDH) to 38 billion dirhams, indicates BKGR in this note. Treasury investments are down, with a maximum daily outstanding amount of 28.9 billion dirhams as of July 14, against a maximum daily outstanding amount … Read more