Banking & Finance

Banks, financial services, lending, and fintech developments

Showing 169–180 of 665 articles
Banking & Finance
Al Baraka Bank Among the Largest Islamic Banks in North Africa

Al Baraka Bank Among the Largest Islamic Banks in North Africa

Al Baraka Bank, specialized in Islamic banking, has reached financing of approximately 220 billion dinars since the beginning of this year, with more than 90 percent directed towards the economy and companies in line with the efforts of the country's high authorities, making it one of the largest Islamic banks in the North African region. This announcement coincided with the unveiling of a digital platform that allows for the settlement of bills, including electricity and the dues of the 'Aadl' agency, as well as transfers from one account to another. These figures were revealed during the celebration of Al Baraka Bank's 35th anniversary, which took place on Thursday evening at the 'Marriott' hotel in Bab Zawwar, where the general manager of this bank specialized in Islamic financing indicated...

May 16, 2026echoroukonline.com
Economic Policy
Finance Minister Explains the Reason for the Decline of the Algerian Dinar Against the Euro and Dollar - Iqtissad Al Balad

Finance Minister Explains the Reason for the Decline of the Algerian Dinar Against the Euro and Dollar - Iqtissad Al Balad

Finance Minister Abdel Karim Boualzerd revealed that the decline in the value of the Algerian dinar against foreign currencies cannot be attributed to just one reason, emphasizing that the trajectory of the national currency is influenced by a set of intertwined economic and financial indicators that control the stability of the exchange rate.

May 16, 2026iqtissadalbalad.dz
Banking & Finance
Slight Decrease in Gold Prices

Slight Decrease in Gold Prices

Gold prices fell slightly yesterday, Thursday, with spot gold dropping by 0.4 percent to $4669.48 per ounce. U.S. gold futures for June delivery also decreased by 0.4 percent, settling at $4685.30. The dollar index rose by 0.3 percent, making gold, priced in U.S. dollars, more expensive for holders of other currencies.

May 15, 2026radioalgerie.dz
Regulatory & Legal
Mandatory Condition for Importing Goods... No Shipping Without Bank Localization!

Mandatory Condition for Importing Goods... No Shipping Without Bank Localization!

The Bank of Algeria has begun tightening control measures on import operations by imposing a new condition that requires economic operators to carry out bank localization before shipping goods from foreign suppliers, in a move aimed at reducing any violations or illegal financial transfers. According to a directive numbered 01/2026 issued on May 14, 2026, by the Bank of Algeria, which was reviewed by 'Echorouk', all import operations have become subject to a new strict procedure related to prior bank localization before shipping goods from foreign suppliers. Tightening control over transport d...

May 14, 2026echoroukonline.com
Regulatory & Legal
New Banking Procedures for Import Operations and Their Details!

New Banking Procedures for Import Operations and Their Details!

The Bank of Algeria has begun tightening control measures on import operations by imposing a new requirement that obliges economic operators to carry out bank localization before shipping goods from foreign suppliers, in a move aimed at reducing any violations or illegal financial transfers. According to a directive numbered 01/2026 issued on May 14, 2026, by the Bank of Algeria, which was reviewed by 'Echorouk', all import operations for goods are now subject to a new strict procedure related to prior bank localization before shipping goods from foreign suppliers. The directive issued by the General Directorate of Currency at the Bank of Algeria aims to enhance control over foreign trade operations and track financial flows...

May 14, 2026echoroukonline.com
Regulatory & Legal
Pre-localization Mandatory Before Shipping

Pre-localization Mandatory Before Shipping

The Bank of Algeria has begun tightening control measures on import operations by imposing a new requirement that obliges economic operators to carry out bank localization before shipping goods from foreign suppliers, in a move aimed at reducing any violations or illegal financial transfers. According to a directive numbered 01/2026 issued on May 14, 2026, by the Bank of Algeria, which was reviewed by 'Echorouk', all import operations have become subject to a new strict procedure regarding prior bank localization before shipping goods from foreign suppliers. The directive issued by the General Directorate of Currency of the Bank of Algeria aims to enhance control over foreign trade operations and track financial flows.

May 14, 2026echoroukonline.com
Technology & Digital
APS | مصارف ومالية

Algeria Records 'Significant Progress' in Electronic Payment

Algeria - Various measures taken by public authorities in recent years as part of the digital transformation process have achieved 'significant progress' in the field of electronic payment in the country, alongside strengthening mechanisms aimed at ensuring the security of transactions and complying with the latest standards, according to what was highlighted today, Thursday, in Algiers, by the Minister of Finance, Abdel Karim Boualzerd.

May 14, 2026aps.dz
Technology & Digital
Algerian Finance Minister: Algeria Records 'Significant Progress' in Electronic Payment

Algerian Finance Minister: Algeria Records 'Significant Progress' in Electronic Payment

Various measures taken by public authorities in recent years as part of the digital transformation process have achieved 'significant progress' in the field of electronic payment in the country, alongside strengthening mechanisms aimed at ensuring the security of transactions and their compliance with the latest standards, according to what was highlighted today, Thursday, in Algiers, by the Algerian Finance Minister, Abdel Karim Boualzerd. During a public session at the Algerian Senate dedicated to questions...

May 14, 2026al24news.dz