Banks, financial services, lending, and fintech developments
The latest report from the International Monetary Fund, along with several previous reports, recorded an improvement in Algeria's financial indicators and the purchasing power parity that was a classification criterion.
Finance Minister Abdel Karim Boualzerd announced this Sunday in Algiers that approximately 80 percent of the sovereign bonds issued by the public treasury at the end of January have been subscribed.
The Abidjan Consensus is a historic agreement adopted on April 9, 2026, in Abidjan (Ivory Coast) under the auspices of the Bank
The Central Bank of Libya announced today, Saturday, that the House of Representatives and the High Council of State have approved the first unified budget for the country in more than 13 years. The central bank added in a statement that the approval of the two legislative councils for the budget could help enhance financial stability and represents an important step towards ending years of financial division. The statement said, 'The Central Bank of Libya expresses its welcome for the signing of Annex No. (1) of the unified development agreement, which includes the adoption of the general expenditure tables for the Libyan state... in a step that reflects real progress towards unifying financial policy and enhancing discipline in public expenditure management.' The statement clarified, 'This agreement represents a pivotal station as it is the first...
The Central Bank of Libya announced today, Saturday, that the House of Representatives and the High Council of State have approved the first unified budget for the country in more than 13 years.
Its price is currently stable, but the year 2026 may bring surprises.
The Minister of Agriculture, Rural Development and Fisheries, Yassine Mahdi Walid, presided over the launch of the 'Supplier Loan' today, Thursday, in Algiers, which enables farmers, especially those with limited resources, to acquire plant protection products, with costs to be repaid later after marketing the crop, after it was initiated this year regarding the acquisition of seeds and fertilizers. The announcement of the launch came...
On Thursday, Minister of Agriculture, Rural Development and Fisheries Yassine Mahdi Walid announced the launch of the 'Supplier Credit' (Crédit fournisseur) scheme. This initiative aims to enable farmers to acquire seeds, fertilizers, and various agricultural inputs. According to a statement from the ministry, this scheme is described as a 'new and innovative financing mechanism that allows farmers with limited resources to acquire various agricultural inputs.'
The Minister of Agriculture, Rural Development and Fisheries, Yassine Mahdi Walid, today Thursday in Algiers, launched the 'Supplier Loan' which enables farmers, especially those with limited resources, to purchase plant protection products, with costs to be repaid later after marketing the crop, after it was implemented this year regarding the purchase of seeds and fertilizers.
The Committee for Organizing and Monitoring Stock Exchange Operations (COSOB) discussed with the representative of the World Bank Group in Algeria ways to enhance bilateral cooperation, particularly in the areas of modernizing the financial market and developing alternative financing mechanisms, according to a statement from the committee. This took place during the reception of the committee's president, Youssef Bouzenada, for the resident representative of the World Bank, Jamila Hajbaï Oglu Jirin, where he presented a detailed overview of the key regulatory reforms recorded since 2023, which aim to modernize the financial market, noting that they have resulted in a noticeable improvement in the activity of the Algerian financial market compared to previous years. View the full content on Echourouk Online.
In order to address the severe economic shocks caused by the escalation of the conflict in the Middle East, the board of directors of the
The Stock Exchange Operations and Monitoring Committee (COSOB) received today, Tuesday in Algiers, the resident representative of the World Bank Group in Algeria, Jamila Hajbayoglu Jirin, where both sides discussed ways to enhance bilateral cooperation, particularly in the areas of modernizing the financial market and developing alternative financing mechanisms, according to a statement from the committee. During this meeting, the committee's president, Youssef Bouzenada, presented a detailed overview of the key regulatory reforms recorded since 2023, aimed at modernizing the financial market, which resulted in a 'notable improvement in the activity of the Algerian financial market compared to previous years.'