25.2 billion dirhams in bank financing during April

Banks operating in the country provided the highest monthly value of financing during last April, as they provided loans and facilities worth 25.2 billion dirhams, of which 18.5 billion dirhams were pumped into the local market, while the total assets of the banking sector continued to record a new record level at 5.57 trillion dirhams.

Data issued by the Central Bank yesterday showed that total banking assets rose 0.2% from 5.556 trillion dirhams at the end of March 2026 to 5.57 trillion dirhams at the end of April.

Total credit also increased by 25.2 billion dirhams, or 0.9%, from 2.695 trillion dirhams at the end of March to more than 2.72 trillion dirhams at the end of April 2026. All major sectors contributed positively to this expansion, with the exception of other financial institutions that did not record any net contribution during the month.

The increase in total credit was driven by an increase of 18.5 billion dirhams in domestic credit.

The main driver of this growth was the increase in credit granted to the private sector, which increased by about 6.2 billion dirhams in credit granted to individuals, contributing by 0.3 percentage points to the total domestic credit growth.

Growth in credit to individuals was supported by residential loans, followed by personal consumer loans.

Credit granted to government-related entities increased by 7.7 billion dirhams (2.3%), contributing about 0.4 percentage points to domestic credit growth.

Credit granted to both the government and corporate sectors also recorded positive contributions, as each added 0.1 percentage point to the monthly increase in domestic credit.

Bank deposits increased by 0.7% from 3.446 trillion dirhams at the end of March, to 3.469 trillion dirhams at the end of April. This growth was entirely driven by resident deposits, which increased by 0.7%. This growth was entirely driven by an increase in resident deposits by 0.7% to 3.162 trillion dirhams, while non-resident deposits stabilized at 307.6 billion dirhams. Among resident deposits, the private sector recorded the largest contribution to overall growth, rising by 1.4% to reach 2.31 trillion dirhams, adding one percentage point to the overall monthly growth. Government sector deposits also increased significantly by 4.6% to reach 446.8 billion dirhams, contributing about 0.6 percentage points to the total growth of resident deposits.

These increases were offset by a decline in the deposits of government-related entities and the deposits of other financial institutions. Deposits of government-related entities decreased by 6.6% to 339.3 billion dirhams, deducting 0.8 percentage points from the growth of resident deposits, and deposits of other financial institutions decreased by 6.6% to 65.6 billion dirhams, reducing growth by an additional 0.1 percentage point. In addition, Central Bank data also revealed an increase in its balance of gold bullion as one of its main assets at the end of last April to 40.8 billion dirhams, compared to 40 billion dirhams at the end of the previous March, with a monthly increase of 800 million dirhams.

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9.4 trillion dirhams in financial transfers within 4 months

The value of financial transfers in the banking sector, which took place through the Central Bank’s financial transfer system during the first four months of this year, amounted to 9.4 trillion dirhams, of which 3.7 trillion dirhams were transfers between customers, and 5.7 trillion dirhams were transfers between banks, while the total value of checks that were cleared through the “Central Bank” system during the same period amounted to 456.5 billion dirhams for 7.4 million cheques.

Withdrawals from the Central Bank amounted to 99.3 billion dirhams, offset by deposits worth 82 billion dirhams during the monitoring period.

. 40.8 billion dirhams, the Central Bank’s gold balance.