Bank Al-Maghrib
1 articleBank Al-Maghrib is Morocco’s central bank and the core institution for monetary policy, banking supervision and financial stability. Maghreb Insider uses the tag for decisions affecting the dirham framework, inflation policy, reserve management, payment systems and prudential oversight of banks. Its scope is the central bank’s monetary and supervisory function, distinct from commercial banking, fiscal policy and capital-market regulation handled by other Moroccan institutions.
Moroccan civil servants face record debt burden as banks fuel borrowing
Moroccan civil servants now devote an average of 44% of their income to debt repayment, the highest among all occupational groups, as banks and finance companies compete to extend credit amid stagnant wages and rising living costs.