Banks, financial services, lending, and fintech developments
A circular note dated May 14, 2026, strengthens the control of import operations and introduces a new prerequisite for loading goods by the foreign supplier. The article Importations: The Bank of Algeria imposes bank domiciliation before any loading of goods first appeared on ECOTIMES.
ecotimesdz.com
Treasury bonds offer a return that is significantly higher than that of banks. This attracts private banks, the
ecotimesdz.com
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...
echoroukonline.com
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.
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DZD economy aliqtissad dz Algeria economy economic news
iqtissadalbalad.dz
The dollar rose slightly today, Friday, on track to record its largest weekly increase in over two months, as rising energy prices fueled inflationary pressures, bolstering expectations for a U.S. interest rate hike this year. The dollar's rise today coincided with an increase in U.S. Treasury yields, which surged to their highest levels in a year, as traders...
al24news.dz
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.
radioalgerie.dz
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...
echoroukonline.com
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...
echoroukonline.com
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.
echoroukonline.com
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.
aps.dz
Various measures taken by public authorities in recent years as part of the digital transformation process have achieved 'significant progress' in the field of payment.
echaab.dz