27/07/2026

The Supervisory Authority of Insurance and Social Welfare (ACAPS), Bank Al-Maghrib (BAM), and the Moroccan Capital Markets Authority (AMMC) have released the thirteenth edition of the Annual Financial Stability Report for fiscal year 2025.
Through this joint publication, the three financial sector authorities provide the public with a comprehensive analysis of the state of the Moroccan financial system, the main risks likely to affect its stability, and the economic and financial developments that marked the year 2025.
To mark the occasion, a press conference was held on Monday, July 27, in Rabat, attended by officials responsible for financial stability at the three institutions. The event provided an opportunity to present the report’s key findings and to discuss issues related to the stability of the national financial system with media representatives.