Banking & Finance

Banks, financial services, lending, and fintech developments

Showing 289–300 of 832 articles
Bitcoin reaches its lowest level since 2024

Bitcoin reaches its lowest level since 2024

The price of Bitcoin has dropped to below $60,000 for the first time since October 2024, affected by the decline in cryptocurrencies and reduced risks in the markets, according to Agence France-Presse. The most popular digital currency experienced a decline of about 6 percent, falling below $60,000 before slightly easing its losses.

Jun 5, 2026al24news.dz
Financial position exceeding 21 trillion dinars by the end of November at 'Bank of Algeria'

Financial position exceeding 21 trillion dinars by the end of November at 'Bank of Algeria'

The Bank of Algeria published its monthly financial position as of November 30, 2025, in the official journal, which showed that the total assets and liabilities of the bank exceeded 21.113 trillion dinars, reflecting the large volume of resources and funds managed by the central bank as the institution responsible for issuing currency and managing the state's official reserves. The report reveals that gold represents one of the most important components of the bank's assets, valued at over 3.027 trillion dinars, while the value of foreign currency balances reached about 1.368 trillion dinars, in addition to special drawing rights estimated at more than 559 billion dinars. The bank also included various contributions and investments exceeding 4.951 trillion dinars, along with accounts...

Jun 3, 2026echoroukonline.com
Gold Prices Rise Amid Geopolitical Developments

Gold Prices Rise Amid Geopolitical Developments

Gold prices rose yesterday, Tuesday, as markets monitored geopolitical developments. Gold increased in spot transactions by 0.5 percent to reach $4504.36 per ounce, after falling by about 2 percent the day before on Monday. U.S. gold futures also rose by 0.6 percent to reach $4534 per ounce.

Jun 3, 2026radioalgerie.dz
African Export-Import Bank: Net profits rise by 25% in the first quarter

African Export-Import Bank: Net profits rise by 25% in the first quarter

The African Export-Import Bank 'Afriqexim-Bank' recorded a growth of 25% in its net profits during the first quarter of the current year, reaching nearly $270 million, compared to $215 million during the same period in 2025. The bank clarified in a statement that the loan portfolio increased by 2% to reach $42 billion by the end of March 2026, compared to ...

Jun 2, 2026al24news.dz