Individual deposits in banks reach the highest level in their history

The Central Bank revealed that the deposits of individuals, companies and government deposits recorded great increases, at the end of May 2025, and amounted to 51.5 billion dirhams in just one month, in an indication of great confidence in the country’s banking system and the strength and strength of the system.

In recent data issued yesterday, the Central Bank explained that individuals residing in the state were deposited in local banks, last May, 14.2 billion dirhams, pointing out that the total balance of deposits of individuals residing in the country increased to 807.1 billion dirhams at the end of last May, at the highest level reached by individuals deposits in the history of banks, compared to 792.9 billion dirhams at the end of April.

Statistics stated that the deposits of companies in the state increased 24 billion dirhams in one month, to reach 1.222.5 trillion dirhams at the end of May 2025, compared to 1.198.5 trillion dirhams at the end of last April.

Government deposits also rose to 402.9 billion dirhams at the end of May, compared to 389.6 billion dirhams at the end of April, which preceded it, an increase of 13.3 billion dirhams.

The Central revealed that the value of deposits “above 20 million dirhams” reached 1.674.8 trillion dirhams, at the end of last March, to acquire more than half of the value of local deposits, while the value of deposits (from five million to 20 million dirhams) reached about 372.2 billion dirhams.

In turn, the value of deposits from (one million dirhams to five million dirhams) reached about 399.2 billion dirhams, and the value of deposits (from 500 thousand dirhams to one million dirhams) 149 billion dirhams, and other deposits acquired the remainder.

According to the data, the balance of the central bank of gold rose to 28.9 billion dirhams, at the end of last May, compared to 22.9 billion dirhams at the end of December 2024, equivalent to approximately six billion dirhams, an increase of 26% in five months. The “central” balance of gold increased on a monthly basis by approximately 0.5%, equivalent to 142 million dirhams.

The number of bank employees, including national banks and foreign banks, settled for the third month in a row, at 38 thousand and 476 employees by the end of May 2025.

The «Central» explained that the number of employees in local banks reached 32 thousand and six employees, to acquire 83.2% of the total employees, while the total number of employees in foreign banks reached 6470 employees, or 16.8% of the total.

. The “central” balance of gold rises 26% in 5 months.