The gross microcredit portfolio in Morocco reached 9.5 billion dirhams in 2024, marking a 9.4 percent increase year-on-year, according to Bank Al-Maghrib’s annual banking supervision report.
Four major associations account for over 98 percent of all distributed microloans, with 88 percent directed to microenterprises and 11 percent allocated to social housing. Urban areas absorbed 83 percent of total loans, and 89 percent were granted as individual credits.
The volume of non-performing loans declined by 8 percent to 452 million dirhams, reducing the risk ratio from 5.6 to 4.7 percent. Provision coverage improved to 84 percent.
Sectoral debt remained stable at 6.1 billion dirhams, representing 68 percent of funding sources, 94 percent of which come from local banks. Equity rose by 9.7 percent to 2.83 billion dirhams, now accounting for 26 percent of liabilities.
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