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Direct participant order volume to grow 18% in 2025
The Bank of Morocco reported that the year 2025 saw an 18% increase in the number of payment orders from participants directly involved in the overall payments system, rising from 381,039 transactions in 2024 to 449,975 transactions. This growth is primarily attributed to a 23% increase in customer account transfers. The total value of the transactions reached 6,968 billion dirhams, representing a 17% rise compared to the previous year, driven by growth in bank-to-bank transfers and customer transfers. Additionally, the bank launched a new version of the system compatible with the ISO 20022 standard, achieving a technical availability rate of 99.73%, with no major technical incidents recorded.
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