馃嚥馃嚘MoroccoNorth Africa
Household bank debt reaches record high in 2025, Bank Al-Maghrib reports
via Le Matin5 min read
Household bank debt reached a historic high of 456.3 billion dirhams in 2025, marking a 6.9% increase, according to Bank Al-Maghrib's annual report on banking supervision. This figure represents nearly 33% of credit institution financing and 27% of the Gross Domestic Product. Banks hold 78% of this debt, with financing companies holding 22%, a 3-point increase for the latter compared to 2024. Consumer credit's share of this debt rose by 2 points to 40%, while housing credit's share decreased to 60%. The 21st survey by Bank Al-Maghrib, conducted with 10 conventional banks, 4 participatory banks, one participatory window, and 11 consumer credit companies, covers 95% of housing financing and 99% of consumer financing. Housing credit production grew by 10.8% in 2025, reaching 31.8 billion dirhams, with the outstanding gross amount at 272.9 billion dirhams +3%. This growth was driven by a 12.9% increase in free loans, while state-supported loans decreased by 3.3%. The number of beneficiaries rose by 4.5% to 63,252 clients. The average loan amount increased by 28,000 dirhams to 502,000 dirhams, and the average interest rate was 4.68%, a 9 basis point decrease. Individuals over 40 years old accounted for nearly 62% of housing loan applications, and those with incomes below 6,000 dirhams represented 44% of applications. Casablanca-Settat and Rabat-Sal茅-K茅nitra regions accounted for 38% and 20% of beneficiaries, respectively. Consumer credit's outstanding gross amount reached nearly 1
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