New Market Research Report: Consumer Lending in Morocco
Moroccans are getting into debt from their banks; each year more than the previous one. Moreover, banks continue to gain over the financing companies, especially the top four domestic operators. Therefore, bank loans reached a considerable amount, boosted by significant recovery in equipment loans and mortgages, and driven essentially by an important increase in consumer credit, which reflects the increase recorded in households' consumption, which increased by 11%.
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