Financial trends show rising credit costs in Martinique and liquidity needs in Morocco

In Martinique, financial inclusion and credit data for the second quarter of 2026 show varying trends. Average interest rates for business equipment loans rose to 3.94%, while mortgage rates increased to 3.70%. For individuals, housing credit rates reached 3.29%, and personal loan rates stood at 6.84%. The business climate indicator declined to 99.9, reflecting a degradation in economic conditions. Additionally, payment delays for companies remained relatively stable, with client payment terms at 39 days and supplier terms at 51 days, though delays remain high in local public and hospital sectors.

In Morocco, the banking sector experienced increased liquidity needs in August 2026, with a weekly average of 132.3 billion dirhams compared to 125.7 billion dirhams in July. To address this, Bank Al-Maghrib increased its market interventions, injecting an average of 150 billion dirhams weekly. These operations included 7-day advances and various lending mechanisms to support small and medium-sized enterprises (TPME). The interbank market saw a slight contraction in transaction volume, while the weighted average interbank rate remained stable near 2.25%.