The annual growth rate of bank loans to the non-financial sector stood at 8% in December 2025, driven by a strong momentum in public financing. According to Bank Al-Maghrib, this growth is mainly fueled by strategic infrastructure projects, particularly in desalination and high-speed rail (TGV).
Former heavyweights of Wall Street, Michael and Yoël Zaoui are celebrating the success of their independent investment bank. In thirteen years, the two brothers of Moroccan origin have orchestrated more than 250 billion euros in mergers and acquisitions from their London office.
The use of cash in Morocco continues to grow , reaching 30% of Gross Domestic Product (GDP), a trend that is the opposite of the global trend of payment digitalization. According to statistics from Bank Al-Maghrib (BAM), the volume of currency in circulation stood at 475 billion dirhams at the end of October 2025. This predominance of cash concerns 77% of all domestic transactions, a phenomenon rooted in socio-cultural factors and the weight of the informal sector.
Bank Al-Maghrib has announced the official withdrawal of several series of banknotes as of January 1, 2026. This decision is part of Decree No. 2.25.966 dated December 23, 2025.
The countdown is over. With the imminent entry into force of the CRD6 directive on January 10, 2026, Moroccan banks in Europe are facing a regulatory tightening that could weaken the money transfers of Moroccans living abroad to the Kingdom.
Concern is growing within the Moroccan digital community. As the end of the year approaches, many webmasters and content creators find themselves deprived of their usual income. The payment system of Google AdSense, usually running like clockwork, is experiencing an unexplained delay for this month of December, fueling the wildest rumors about the origin of the blockage.
Financial intelligence, particularly through banks, is now emerging as a formidable weapon against money laundering in Morocco. The annual report of the ANRF, recently submitted to the Head of Government, describes an institution that is truly changing its operational scale in 2024.
An audit conducted within a Moroccan banking group revealed serious breaches of anti-money laundering rules. Suspicious accounts, handling large sums without reliable supporting documents, are in the crosshairs.
The case is likely to cause a stir in Casablanca. An influential real estate developer from Bouskoura is accused of pressuring his clients to make cash payments, even though his project is heavily mortgaged and legally unsellable. Revelations about a race against time that looks like a desperate escape.
The Basel verdict is in. In the global fight against dirty money and the financing of terrorism, Morocco is holding its own on the continental scale. Ranked 100th out of 177 countries by the 2025 Basel Index, the Kingdom is among the top performers in Africa, while still remaining in a zone of moderate vigilance globally.
The courts have ruled, but the damage is done. The administrative court of Rabat has just condemned the state to compensate a bank executive who was wrongly imprisoned. Definitively recognized as innocent after an abusive pre-trial detention, the man receives financial compensation, which is quite meager compared to the social and professional disaster he has suffered.
The operation should not be finalized until 2026, but it is already shaping the new banking map of the Kingdom. BNP Paribas is planning to sell its Moroccan subsidiary to strengthen its capital, leaving the field open for its historical partner, the Holmarcom group, to recover the majority of the capital.