The liquidity deficit of banks widened to 80.9 billion DH on average during the year 2022, once morest 70.8 billion DH a year earlier, notes Bank Al-Maghrib (BAM) in its policy note monetary.
This worsening is mainly linked to the increase in fiduciary circulation, explains the Central Bank in this report published at the end of the first BAM Board meeting for the year 2023.
In the last quarter of 2022, the liquidity needs of banks stood at 87.8 billion DH on average weekly, once morest 91.7 billion DH a quarter earlier, underlines BAM. Under these conditions, the Bank reduced the amount of its injections to 102.5 billion DH, including 50.5 billion DH in the form of 7-day advances, 26.8 billion DH through repurchase transactions , 25.1 billion DH in respect of guaranteed loan operations granted within the framework of support programs for the financing of very small, small and medium-sized enterprises (TPME) and 40 million DH in the form of a foreign exchange swap, specifies BAM .
