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Lending rates: Reduction in the overall rate to 5.21%

Bank Al-Maghrib announces a drop in the interest rate to 2.75%
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Hibapress

The overall lending rate stood at 5.21% in the third quarter of 2024, compared to 5.43% during the same period a year earlier, according to the recent quarterly survey by Bank Al-Maghrib (BAM) on rates. debtors.

By economic object, the rates stood at 5.08% for cash flow facilities, 5.26% for equipment loans, 5.24% for real estate loans and 7.06% for consumer credits, specifies BAM.

By institutional sector, the rate applied to loans to individuals stood at 5.91% and that of loans to non-financial companies at 5.12%, reports the same source.

For the rate matching credits to private non-financial companies, it stood at 5.33%, with 5.14% for large companies (GE) and 5.74% for very small, small and medium-sized companies ( TPME).

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