Banking & Finance

Banks, financial services, lending, and fintech developments

Showing 133–144 of 832 articles
Regulatory & Legal
Bank Localization and Import Operations: Approval of Additional Deadlines for Completing Procedures

Bank Localization and Import Operations: Approval of Additional Deadlines for Completing Procedures

The Ministry of Foreign Trade and Export Promotion announced the granting of additional deadlines to operators active in the field of resale imports. This is for the purpose of completing bank localization procedures and fulfilling various procedures related to import operations. This came in a statement issued by Kamal Rezig's services today, Wednesday. The ministry noted the extension of the validity period of the estimated program visa directed towards the bank localization process from 45 days to ninety days.

Aug 5, 2026radioalgerie.dz
Banking & Finance
Official Move to End Cash Dominance and Annual Report on Cash Liquidity

Official Move to End Cash Dominance and Annual Report on Cash Liquidity

Preparation of the national strategy to develop written and electronic payment methods 'Algeria Post', banks, and monetary authorities, with experts included in the formation in a new step aimed at reducing the dominance of 'cash' in financial transactions. The Bank of Algeria has laid the regulatory foundation for the National Payment Committee, the body that will lead the plan to generalize electronic and written payment methods in Algeria. The authorities are betting on this step to accelerate the transition to a society less dependent on cash liquidity and more reliant on bank cards and modern payment methods, in line with the digitization of the economy and improving the transparency of financial transactions. In this context, the Bank of Algeria issued system number 26-01 dated May 31, 2026, which...

Aug 4, 2026echoroukonline.com
Banking & Finance
Algerian Insurance Company Raises Its Capital to 40 Billion Dinars

Algerian Insurance Company Raises Its Capital to 40 Billion Dinars

The Algerian Insurance Company has raised its capital from 35 billion dinars to 40 billion dinars by integrating reserves, reflecting the strength of its financial position and enhancing its ability to meet obligations in the fields of insurance and reinsurance. The company stated in a statement issued yesterday, Thursday, that this decision was approved during the extraordinary general assembly held on June 15, coinciding with the ordinary general assembly dedicated to approving the financial statements for the year 2025. Read the full content on Echourouk Online.

Jul 31, 2026echoroukonline.com
Banking & Finance
Banks are 'obliged' to simplify account opening procedures and all banking services

Banks are 'obliged' to simplify account opening procedures and all banking services

In order to enable families to access banking products and services, and to contribute to achieving financial inclusion, banks and financial institutions must take all necessary measures to ensure the prompt and appropriate response to their customers' needs. For this purpose, banks and financial institutions are particularly committed to the following: Read the full content on الشروق أونلاين The post Banks are 'obliged' to simplify account opening procedures and all banking services appeared first on الشروق أونلاين.

Jul 30, 2026echoroukonline.com
Banking & Finance
Bank of Algeria Calls on Banks to Facilitate Access to Banking Services for Families

Bank of Algeria Calls on Banks to Facilitate Access to Banking Services for Families

The Bank of Algeria issued a memorandum to banks and financial institutions requiring them to take all necessary measures to facilitate families' access to banking products and services, as part of enhancing financial inclusion. The memorandum No. 03 issued by the General Directorate of Credit and Banking Regulation on Wednesday, July 29, 2026, aims to enhance families' access to banking products and services and contribute to the development of financial inclusion by obliging banks and financial institutions to ensure a quick and tailored response to their clients' needs.

Jul 30, 2026radioalgerie.dz
Banking & Finance
Algerian Insurance Company Increases Its Capital to 40 Billion Dinars

Algerian Insurance Company Increases Its Capital to 40 Billion Dinars

The Algerian Insurance Company announced today, Thursday, an increase in its capital from 35 to 40 billion dinars. The company stated in a press release that the capital increase will be achieved through the integration of reserves, considering the decision as a reflection of its strong financial position. It noted that the step was formalized on June 15 following the holding of an extraordinary general assembly.

Jul 30, 2026radioalgerie.dz