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BBVA has received approval from Morocco’s central bank for the indirect acquisition of Banco Sabadell’s local branch. This transaction allows BBVA to finalize operations in Morocco, where Banco Sabadell has …
BBVA Secures Approval for Banco Sabadell Acquisition in Morocco Read More
Bank Al-Maghrib predicts a slight increase in Morocco’s grain harvest to 35 million quintals, lower than prior estimates and government projections. Improved rainfall has raised reservoir levels, fostering hope among …
BAM Anticipates Increase in Morocco’s Grain Harvest Amid Drought Challenges Read More
The IMF completed the 2025 Article IV Consultation with Morocco, allowing a disbursement of SDR 375 million. The economy exhibited resilience despite drought, with projected GDP growth at 3.2% for …
IMF Completes 2025 Article IV Review and Resilience Check in Morocco Read More
Bank Al-Maghrib reported a drop in inflation to 0.9% in Morocco for 2024, with projected moderate rises to around 2% in the following years. Core inflation stood at 2.2%, with …
Bank Al-Maghrib Reports Decline in Inflation Rates for 2024 in Morocco Read More
Morocco’s central bank has reduced the benchmark interest rate to 2.25%, a decision made to manage inflation and boost economic activity ahead of the 2030 FIFA World Cup. The cut …
Morocco Lowers Interest Rate to Strengthen Economic Growth Amid Inflation Management Read More
The Moroccan dirham appreciated by 1.1% against the U.S. dollar and depreciated by 0.8% against the euro between February 27 and March 5, 2025. BAM reported stable official reserves, significant …
Moroccan Dirham Shows Mixed Performance Against U.S. Dollar and Euro Read More
The Moroccan government has warned of a fake X account impersonating Prime Minister Aziz Akhannouch to promote a bogus cryptocurrency. This follows a similar case reported by Bank Al-Maghrib involving …
Moroccan Government Warns of Fake Account Amid Rising Cryptocurrency Scams Read More
Bank Al Maghrib (BAM) has warned about a deceptive investment platform exploiting its identity. The bank declared the claims made by this fraudulent media to be completely false while vowing …
Bank Al Maghrib Issues Warning Against Fraudulent Investment Platform Read More
Bank Al-Maghrib (BAM) has denied false information claiming to promote a fake investment platform. The central bank warns the public to ignore misleading articles using its identity and image. BAM …
Bank Al-Maghrib Refutes False Information Regarding Investment Scams Read More