The Africa Banking Brief
Saturday 31 October 2026 · updated 10:04 London
Morocco

Bank Al-Maghrib advances covered bond framework with seven circulars

Regulation · announcedWednesday 28 October 2026

The Comité des établissements de crédit gave a favorable opinion on seven Bank Al-Maghrib circulars. The step moves Morocco toward introducing covered bonds as a funding tool for banks.

A covered bond framework would give Moroccan banks a new long-term funding channel, which matters to bank funding strategies.

Key facts
Event
Regulation · announced
Date
Wednesday 28 October 2026
Regulators
Bank Al-Maghrib, Comité des établissements de crédit
Original reports
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