Moroccans living abroad hold 222.8 billion dirhams in the Kingdom’s banks. Yet, of nearly 40 million bank accounts, only 0.3% are directly denominated in euros, dollars or other foreign currencies.
The minimum rate paid on savings accounts in Morocco will increase in the second half of 2026. It will rise from 1.61% to 1.82%, according to the latest indicators from Bank Al-Maghrib.
Morocco’s banking system remains solid, but 8.9% of loans were classified as non-performing in 2025. These overdue or compromised loans represent a considerable sum of money and are pushing the World Bank to demand a new market to sell them off.
The Moroccan tax authority is asking holders of bank accounts to explain significant transfers incompatible with their declared income . Family gifts, repaid debts, inheritances or business income must be supported by documents.
The debt of Moroccan households increased by 6.9% in 2025, its fastest growth in thirteen years. It now reaches 456 billion dirhams, driven mainly by the sharp acceleration of consumer credit.
Credits granted to Moroccans residing abroad have accelerated sharply in 2025. Their outstanding balance reaches 23 billion dirhams, while their default rate is declining significantly and remains well below that of borrowers living in Morocco.
BNP Paribas plans to sell its stake in BMCI before the end of the year. The French banking group confirms that the operation with Holmarcom must be finalized in the fourth quarter of 2026, subject to approval from Moroccan authorities.
Not having a Moroccan passport or Moroccan national identity card does not automatically exclude a diaspora child from the currency exchange facilities granted for studies abroad. Foreign persons born to a Moroccan father or mother are expressly eligible.
A person who has advanced a patient’s medical expenses abroad can recover the money from Morocco . The bank is authorized to transfer the amount already paid, provided that the final invoice and proof of payment are presented.
A Moroccan who has returned to live in the country may continue to owe money to a foreign bank without being automatically authorized to transfer dirhams to it. For a consumer credit taken out before the return, regulations reserve this possibility to a specific category of former MREs.
Growth was supposed to slow after tax regularization operations. It ultimately gained unexpected momentum. Despite the proliferation of bank cards, mobile wallets and digital payments, cash continues to occupy an increasingly important place in the Moroccan economy .
Money transfers tell only part of the story. At the end of 2025, savings held by Moroccans from around the world in Kingdom institutions reach an unprecedented level and now represent a considerable fraction of individual bank deposits.