Bank Al-Maghrib strengthens its accommodative stance despite imported inflation risk
As anticipated by the AGR scenario of a key rate cut in 2025 (See. Key Rate - December 2024), Bank Al-Maghrib has decided to reduce its KR at its 1st monetary policy meeting of 2025 for the 3rd time since June 2024 to 2.25%.
BAM is accelerating its accommodative stance, thus confirming its commitment to support economic growth in an increasingly unstable global context marked by geopolitical tensions, the beginnings of a trade war, the risks of inflation return, and slowing growth.
This decision is out of step with the consensus among market participants for a status quo (See. Key Rate Expectations - March 2025), but remains in line with the international monetary trend. Recall that half of the 35 major Central Banks lowered their KR in Q1-25, like the ECB, the BOC, the BOE and the Riksbank.
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Research Paper- LABEL VIE H1 2020 Results
The half-year results of Label Vie in H1-20 confirm the positive dynamics of the modern distribution sector in Morocco. Thanks to double-digit profit growth on MT, we believe the share price offers an attractive margin of appreciation of 28%.
Trade finance, FI & Correspondent banking
Interview of Sanaa DRISSI ALAMI. Director of Trade Finance, Financial Institution & Correspondent Banking.
Welcome to your new Attijari CIB portal
Welcome to Attijari CIB portal, an innovative plateform that represents a new stage in our relations with our customers and partners.
