Banking & Finance

Banks, financial services, lending, and fintech developments

Showing 157–168 of 832 articles
Banking & Finance
ECOTIMES

Mohamed Krim, management consultant and former bank CEO: "This is not a change in doctrine regarding debt"

Afreximbank announced the release of 200 million dollars in favor of Shoreline and Arkad SpA, and CEPSA tasked with executing part of the 980 million dollar contract with SONATRACH for the HBR project in Algeria. What does this concretely mean for Algeria? Is it a form of external financing for the country? Mohamed Krim: The announcement from Afreximbank does not mean that Algeria has benefited from a loan of 200 million dollars nor that SONATRACH has incurred debt with this institution. It is financing granted to Shoreline and Arkad SPA, the companies tasked with...

Jul 23, 2026ecotimesdz.com
Banking & Finance
ECOTIMES

Evolution of banks in 2025: Rush for Treasury bonds

It should be noted that in 2024, private banks had invested 620 billion dinars in Treasury bonds. How can we explain this rush and the growth of Treasury bonds in the portfolios of private banks? "We observe a very significant evolution in recent years: private banks are increasingly involved in trading public securities. This activity now represents an important source of their revenues and characterizes a very significant evolution of the business models that are already deployed by private banks," analyzes Rachid Sekak. He adds that ...

Jul 23, 2026ecotimesdz.com
Banking & Finance
Algeria and Saudi Arabia Discuss Enhancing Financial Cooperation

Algeria and Saudi Arabia Discuss Enhancing Financial Cooperation

Today, Tuesday, Finance Minister Abdel Karim Bouzerd met with the Ambassador of the Kingdom of Saudi Arabia to Algeria, Dr. Abdullah bin Nasser Al-Basiri. According to a statement from the Saudi embassy, the two sides discussed ways to enhance cooperation in the financial and economic fields between the two countries, along with a number of issues of mutual interest. View the full content on Echourouk Online.

Jul 21, 2026echoroukonline.com
Banking & Finance
Instructions to Facilitate the Issuance of International Payment Cards

Instructions to Facilitate the Issuance of International Payment Cards

The Governor of the Bank of Algeria, Mohamed Lamine Labo, directed bank officials to take the necessary measures to facilitate the issuance of international payment cards for citizens wishing to benefit from the currency exchange allocated for travel abroad, during a meeting held at the central bank's headquarters, according to a statement from the bank on Monday.

Jul 20, 2026echaab.dz
Banking & Finance
Instructions to Facilitate the Issuance of International Payment Cards for Beneficiaries of the Currency Exchange Right

Instructions to Facilitate the Issuance of International Payment Cards for Beneficiaries of the Currency Exchange Right

Algeria - The Governor of the Bank of Algeria, Mohamed Lamine Labo, today Monday, directed bank officials to take the necessary measures to facilitate the issuance of international payment cards for citizens wishing to benefit from the currency exchange right allocated for travel abroad, during a meeting held at the headquarters of the central bank, according to a statement from the bank.

Jul 20, 2026aps.dz
Banking & Finance
Bank of Algeria: Instructions to Facilitate the Issuance of International Payment Cards for Beneficiaries of the Currency Exchange Right

Bank of Algeria: Instructions to Facilitate the Issuance of International Payment Cards for Beneficiaries of the Currency Exchange Right

The Governor of the Bank of Algeria, Mohamed Lamine Labo, today Monday, directed bank officials to take the necessary measures to facilitate the issuance of international payment cards for citizens wishing to benefit from the currency exchange right allocated for travel abroad, during a meeting held at the headquarters of the central bank, according to a statement from the bank. This meeting comes as part of the implementation of new measures related to granting the currency exchange right, temporarily, through international payment cards, which came into effect under instruction No. 07-2026 issued last week by the Bank of Algeria.

Jul 20, 2026radioalgerie.dz
Banking & Finance
CNAP-Bank: Opening of two new branches in Douira and Sidi Abdallah

CNAP-Bank: Opening of two new branches in Douira and Sidi Abdallah

The National Savings and Investment Fund-Bank (CNAP-Bank) announced in a statement yesterday, Sunday, the continuation of strengthening its commercial network by opening two new branches today, Monday, in Douira and Sidi Abdallah (Algiers) raising the total number of its branches across the national territory to 234 branches.

Jul 20, 2026radioalgerie.dz
Sustainability & Green Economy
12 thousand and 700 billion in outstanding compensation!

12 thousand and 700 billion in outstanding compensation!

Most homes and farms are not insured against fires; farmers are the most exposed to losses due to weak subscription. New insurance products to face climate disasters, digitization, and artificial intelligence to reduce compensation times. Hassen Khalifati, a member of the board of the Algerian Union of Insurance and Reinsurance Companies, warned that the expansion of fires in Algeria, due to heat waves and climate changes, is met with a clear weakness in the demand for fire insurance, which increases the losses incurred by families, farmers, and economic institutions when disasters occur. Khalifati explained, in a statement to 'Echorouk', that there are no accurate and updated statistics to determine the percentage of homes or farms...

Jul 19, 2026echoroukonline.com