The net flow of credits granted to NFCs has recorded 1.2 billion dirhams (MMDH) in 2021, against 7.4 billion dirhams in 2020, representing 2% and 18% of their commitments, successively for 2021 and 2020, said the same source.
Regarding financial companies, they still maintain their important participation in financing the economy, according to the note. Indeed, the net flow of credits granted by this sector reached 34.2 billion dirhams in 2021 against 38.2 billion dirhams in 2020.
In parallel, deposits with these institutions showed a net flow of 102.5 billion dirhams in 2021 against 125.2 billion dirhams a year earlier.
In addition, the note states that the public administrations, to cover their financing needs, generally resort to debt (domestic and external).
Source: Agency Morocaine De Presse