Morocco’s central bank reported a net profit of MAD 5.7 billion in 2025, down from MAD 6.4 billion a year earlier as lower interest rates reduced income from monetary policy operations. Bank Al-Maghrib said higher operating costs and increased risk provisions also weighed on earnings. Gains from foreign reserve management partly offset the decline, supported by stronger bond returns and investment income despite weaker money-market yields.
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Morocco Central Bank Profit Drops
Business
01/06/2026
Morocco’s central bank reported a net profit of MAD 5.7 billion in 2025, down from MAD 6.4 billion a year earlier as lower interest rates reduced income from monetary policy operations. Bank Al-Maghrib said higher operating costs and increased risk provisions also weighed on earnings. Gains from foreign reserve management partly offset the decline, supported by stronger bond returns and investment income despite weaker money-market yields.
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