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Reduction of consumer loan and leasing interest rates at banks!

January 2, 2026اقتصاد – الشروق أونلاينechoroukonline.comTranslated from Arabic
Reduction of consumer loan and leasing interest rates at banks!

The Bank of Algeria capped the interest rates on loans applied during the first half of 2026, according to a directive issued on December 30, 2025, which included various categories of bank loans. A comparison with the second half of 2025 showed a decrease in interest rates in the categories of overdrafts, consumer loans, short, medium, and long-term loans, as well as financial leasing. According to a directive issued by the Bank of Algeria on December 30, 2025, which was reviewed by Echourouk, the General Directorate of Credit and Banking Regulation set the ceilings for excessive interest rates applied for the first half of 2026, for various categories of loans provided by banks and financial institutions. The measure includes overdrafts...

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