In two weeks, Moroccan banks have received and processed nearly 400,000 requests for the deferral of loan installments, with a rejection rate not exceeding 4%, according to the Professional Group of Banks (GPBM) in a press release.
The Moroccan banking sector is receiving the support of the Professional Group of Banks of Morocco (GPBM) for the effort made in the prevention and management of the consequences of the pandemic on all levels. For the GPBM, even if the banks have been and continue to be shaken by the crisis caused by covid-19, they ensure the continuity of banking services.
While customers are rushing to banks in this period marked by the spread of the coronavirus, the Professional Group of Banks of Morocco (GPBM) ensures the continuity of banking services at the level of all branches in the country and Automated Teller Machines (ATMs).
The Professional Group of Banks of Morocco is mobilizing to provide support to families and businesses facing the economic repercussions of the Coronavirus pandemic.
The Professional Group of Banks of Morocco (GPBM) intends to support households and businesses impacted by the spread of the coronavirus, in order to preserve the national economic fabric.
Starting next year, Moroccans will be able to hold foreign currency accounts or convertible dirham accounts with Moroccan banks, according to the Finance Minister.