In Morocco, interbank transfers recorded a slight increase of nearly 2%, from 94,012 orders in 2016 to 95,860 in 2017, according to the latest annual report by Bank Al-Maghrib on financial market infrastructures and investment vehicles. their monitoring and financial inclusion initiatives.
They represent 51% of the total volume of payment orders settled by the Moroccan Gross Settlement System (SRBM), with a 62% increase in value in 2017 compared to 2016 (more than 330 billion dollars, compared with around 203 billion).
As for transfers on behalf of customers, the report of the regulator and supervisor of financial market infrastructures and means of payment indicates a continuous progression for several years. For 2017, they “recorded an increase of more than 13%, from 81,029 orders in 2016 to 91,921 in 2017. Their total value increased by 8%, amounting to 1,411 billion dirhams in 2017 ? against 1 305 billion dirhams in 2016 “.
Note that the SRBM allowed the aggregated processing of 187 781 transfer orders, up 7.28% over the previous year. “The global value of these orders has increased by 40.67%, from MAD 3,226 billion in 2016 to MAD 4,539 billion in 2017,” according to the Moroccan central bank.