Significant Reduction in Banking Liquidity Deficit
According to the latest report from the research center "BMCE Capital Global Research" (BKGR), the average banking liquidity deficit has decreased by 2.6%, reaching 137 billion dirhams during the period from February 26 to March 5, 2026. This decline is a significant indicator of the liquidity trends within the Moroccan banking sector.
The report notes that this reduction comes at a time when advances from Bank Al-Maghrib for a period of seven days have also decreased by 1.2 billion dirhams, stabilizing at 52.6 billion dirhams. Concurrently, treasury placements have seen a decrease, with a maximum daily flow recorded at 7.3 billion dirhams, compared to the previous week's 8.1 billion dirhams. These figures reflect the ongoing adjustments in the liquidity management strategies employed by financial institutions.
Furthermore, the average weighted interest rate has remained stable at 2.25%, while the "Monia" index, which serves as the Moroccan benchmark for daily liquidity measurement based on repurchase transactions secured by treasury bonds, has dipped to 2.194%. Such metrics are crucial for understanding the overall health of the financial market and the effectiveness of monetary policies in place.
Looking ahead, it is anticipated that Bank Al-Maghrib will increase its interventions in the money market, aiming to maintain the volume of seven-day advances at 56.4 billion dirhams. This proactive approach is likely to influence liquidity availability and interest rates in the near future, providing a more stable environment for banking operations.
As reported by thevoice.ma.
