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Bank of Algeria Modifies Methods for Determining Excessive Interest Rates on Loans

June 30, 2026AL24 | الاقتصادal24news.dzTranslated from Arabic
Bank of Algeria Modifies Methods for Determining Excessive Interest Rates on Loans

The Bank of Algeria has issued a new directive regarding the methods for determining excessive interest rates on loans, which took effect immediately upon issuance. The directive number 06-2026 dated June 29, 2026, amends directive number 8-2016 dated September 1, 2016, concerning the methods for determining excessive interest rates on loans. According to the first article of the text of the directive published by the Bank of Algeria, …

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