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Bank of Algeria: Issuance of a directive soon requiring banks to apply 'Know Your Customer' standards

April 28, 2026اقتصاد | الإذاعة الجزائريةradioalgerie.dzTranslated from Arabic
Bank of Algeria: Issuance of a directive soon requiring banks to apply 'Know Your Customer' standards

The Governor of the Bank of Algeria, Mohamed Lamine Labo, announced today, Tuesday in Algiers, the issuance of a new directive for banks within a week regarding the application of 'Know Your Customer' (KYC) standards, as part of an effort to adapt the national banking system to the transformations in financing methods. Mr. Labo explained during a dialogue session organized as part of the second edition of 'CEO

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