Banking assets rise by 780 billion dirhams during 2025, reaching 5.34 trillion dirhams

Banking assets continued to grow during the year 2025, increasing by more than 780 billion dirhams during the year to reach about 5.34 trillion dirhams at the end of December 2025, compared to about 4.56 trillion dirhams at the end of December 2024.

According to the Monetary and Banking Developments Report for December issued by the Central Bank today, on a monthly basis, banking assets recorded an increase of 1.7% during the month of December 2025 compared to the end of November of the same year.

According to the report, total bank credit increased during the year 2025 to about 2.57 trillion dirhams at the end of December from about 2.18 trillion dirhams at the end of December 2024, an annual increase of approximately 390 billion dirhams.

During the month of December 2025, credit recorded a growth of 1.5% compared to the end of November, with about two-thirds of this growth driven by an increase in credit in foreign currencies by about 25.8 billion dirhams, while domestic credit contributed by about 11.6 billion dirhams.

The growth of local credit is due to an increase in credit granted to the private sector by 0.6%, and credit provided to government-related entities by 1.8%, in addition to the growth of credit directed to other financial institutions by 10.9%, while this growth was limited by a decline in credit granted to the government sector.

Regarding bank deposits, they rose to about 3.307 trillion dirhams at the end of December from about 2.85 trillion dirhams at the end of December 2024, achieving annual growth of approximately 433 billion dirhams.

On a monthly level, bank deposits increased by 2.2% during the month of December 2025 compared to the end of November, driven by a growth in resident deposits by 1.3%, and an increase in non-resident deposits by 12.2%.

Among resident deposits, private sector deposits increased by 2.8%, deposits of government-related entities increased by 4.8%, and deposits of other financial institutions by 12.9%, while government sector deposits decreased by 10.4%.

In terms of money supply, the Central Bank reported that money supply “M1” rose during the month of December 2025 from about 1.048 trillion dirhams at the end of November to about 1.071 trillion dirhams, recording a growth of 2.2%, supported by an increase in cash in circulation outside banks and cash deposits. Money supply “M2” also rose from about 2.67 trillion dirhams to about 2.75 trillion dirhams, with a growth of 3.2%, as a result of an increase in quasi-cash deposits by about 62 billion dirhams, while the money supply “M3” increased from about 3.216 trillion dirhams to about 3.255 trillion dirhams, achieving a growth of 1.2%, despite the decline in government sector deposits.

The monetary base also increased during the month of December 2025 by 5.4% compared to the end of November, reaching about 895.7 billion dirhams, driven by a growth in cash issued by 1.9%, and an increase in current accounts and overnight deposits of banks and other financial institutions with the Central Bank by 63.4%, despite a decline in reserve accounts by 9.1%, while banknotes and Islamic certificates of deposit stabilized without significant change.