Banking & Finance

Banks, financial services, lending, and fintech developments

Showing 121–132 of 832 articles
Banking & Finance
Banks are 'obliged' to expand families' access to consumer loans

Banks are 'obliged' to expand families' access to consumer loans

On Monday, the Bank of Algeria issued a memo to banks and financial institutions, urging them to intensify efforts to expand families' access to consumer loans. The central bank's memo stated that 'banks and financial institutions must work to further develop their offerings for consumer loans, while ensuring: See the full content on الشروق أونلاين The post Banks are 'obliged' to expand families' access to consumer loans appeared first on الشروق أونلاين.

Aug 10, 2026echoroukonline.com
Banking & Finance
Dollar Near Lowest Level in Two Months Awaiting U.S. Inflation Data

Dollar Near Lowest Level in Two Months Awaiting U.S. Inflation Data

The U.S. dollar stabilized today, Monday, near its lowest level in two months against major currencies, as investors await U.S. inflation data set to be released this week in search of indicators regarding the Federal Reserve's interest rate path. The dollar index remained at 99.6 points, while the euro rose to $1.1558, the British pound held steady at $1.3490, and the yen stabilized at 157.90 against the dollar.

Aug 10, 2026radioalgerie.dz
Banking & Finance
100 trillion in Islamic banking and these are the details of 'Halal Visa'

100 trillion in Islamic banking and these are the details of 'Halal Visa'

Accounts in hard currency without mixing funds with traditional banking activities. Mazari: Very encouraging development and significant expansion in Islamic financing offers for accounts, savings, real estate, and cars, with a focus on financing institutions. The size of the Islamic banking market in Algeria has exceeded 1000 billion dinars, or 100 trillion centimes, at a time when banks are expanding their services to include international payment methods, including Islamic 'Visa' cards, coinciding with the increasing importance of bank cards in benefiting from the exchange right estimated at 750 euros. Islamic bank customers can also benefit from 'interbank' cards and international payment cards compatible with Islamic banking, some of which can be equipped...

Aug 9, 2026echoroukonline.com
Banking & Finance
"Exceptional Growth" in Electronic Payment Operations in Algeria

"Exceptional Growth" in Electronic Payment Operations in Algeria

The total value of electronic payment operations in Algeria during the first half of 2026 has increased more than 8 times, reaching 346 billion dinars. This represents an exceptional growth of 867 percent year-on-year. The GIE Monétique attributed this growth to the integration of electronic payment methods in the payment of installments for the "Adla 3" housing program, as well as pilgrimage fees and the purchase of Eid sacrifices. View the full content on Echourouk Online.

Aug 7, 2026echoroukonline.com
Economic Policy
The dollar heads for weekly gains amid doubts about the peace agreement with Iran

The dollar heads for weekly gains amid doubts about the peace agreement with Iran

The US dollar is on track to record weekly gains against major currencies during Friday's trading, supported by increasing doubts about the chances of reaching a peace agreement with Iran, which has boosted demand for the US currency as a safe haven in times of uncertainty. The dollar also received additional support from rising US Treasury yields, following a report published by the Financial Times.

Aug 7, 2026al24news.dz
Banking & Finance
Gold Heads for Best Weekly Gains Since Start of the Year

Gold Heads for Best Weekly Gains Since Start of the Year

Gold prices rose in trading on Friday, on track to achieve the largest weekly gains since January 2026, supported by a decline in oil prices. December gold futures rose by 1.02% to $4343.20 per ounce. Spot gold prices increased by 1.18% to $4289.62 per ounce, after reaching their highest level in seven weeks on Thursday, with prices rising by...

Aug 7, 2026echaab.dz
Regulatory & Legal
Golden and bank cards and transfers to pay taxes... and 17 reasons for rejection!

Golden and bank cards and transfers to pay taxes... and 17 reasons for rejection!

An instant electronic receipt equipped with a QR code to prove the validity of the payment process calls for regularly changing the password and avoiding pressure at the last deadlines for declaration. The General Directorate of Taxes, under the Ministry of Finance, has launched a new guide that explains, for the first time in detail, the mechanisms of electronic payment through the 'Jabaytik' platform, aimed at assisting taxpayers in using the new digital service. The guide, which 'Echorouk' has reviewed, reveals 17 reasons that may lead to the rejection of electronic payment operations, in addition to the conditions for benefiting from the service, payment methods, and how to monitor operations and avoid the most common mistakes. In this context, the General Directorate of Taxes has identified, in a new guide, 17 reasons for rejecting electronic payment operations.

Aug 5, 2026echoroukonline.com
Banking & Finance
Net profits exceeding 100 billion for the Algerian Insurance Company

Net profits exceeding 100 billion for the Algerian Insurance Company

The Algerian Insurance Company concluded the fiscal year 2025 with a net profit of 1.12 billion DZD and a total budget of 110 billion DZD, according to a statement. According to the social accounts of this public insurer approved by the ordinary general assembly held on June 17, the net profits were distributed with 450 million DZD for profits, 56 million DZD for legal reserves, and 613.3 million DZD for optional reserves, according to the same statement. On the commercial front, the company achieved a turnover of 30.54 billion DZD, marking an increase of 2 percent compared to 2024, according to the same report. This growth is mainly attributed to a branch outside the major accounts.

Aug 5, 2026echoroukonline.com