Banks, financial services, lending, and fintech developments
Gold prices rose on Monday, supported by a weaker dollar and falling oil prices. Spot gold increased by 0.3 percent to $4206.01 per ounce, while U.S. gold futures for December rose 0.3 percent to $4230.40. For other precious metals, silver rose 0.5 percent to $61.12 per ounce, platinum increased by one percent to $1704.70, and palladium rose by 1.2 percent to $1161.81.
radioalgerie.dz
A practical step to track financial flows.
elkhabar.com
The Bank of Algeria strengthens the control of banks, financial institutions, and payment service providers (PSP)
ecotimesdz.com
Al Baraka Bank Algeria has launched a program to sponsor and participate in several economic events during the current month of October, as part of its support for economic operators and professionals, and to enhance its presence in various sectors by promoting its banking, financing, and digital solutions. According to a statement from the bank, which was reviewed by 'Echorouk', the bank participated in the fifth edition of the Trade and Electronic Services Exhibition 2026, organized from October 7 to 10 at the Palais des Expositions in El-Madania, where its participation provided an opportunity to showcase its digital banking products and services, particularly the 'My Salam' application, the 'Yassir' deferred debit card, and the online financing service 'E...'
echoroukonline.com
On Thursday, October 8, the first official trading operation for contribution bonds, one of the Islamic financing tools for institutions, launched at the Algerian Stock Exchange, for the company 'Rolaxci', aimed at professional and institutional investors. View the full content on Echourouk Online.
echoroukonline.com
The African Union has launched the 'African Credit Rating Agency' (AFCRA), the first credit rating agency on the continent, in an effort to provide an alternative to the 'big three' global rating agencies amid the debt burdens weighing on many African economies, according to a statement released by the African Union on Wednesday.
radioalgerie.dz
The Algerian Post and the External Bank of Algeria (BEA) have signed a framework agreement to enhance cooperation between the two institutions and develop new financial services, particularly in the field of Islamic banking, through the adoption of the 'Murabaha' formula. The agreement aims to provide financial solutions that meet the needs of citizens and beneficiaries, as well as to enhance integration and exchange of expertise between the two institutions and keep pace with developments in the financial and banking sector. Read the full content on Echourouk Online.
echoroukonline.com
Banque d'Algérie extérieure (BEA) ranked tenth in the list of the top 100 banks in Africa for 2026, with a Tier 1 capital of approximately $3.8 billion, according to a ranking published by African Business magazine. According to the ranking published by the magazine yesterday, titled 'Africa’s Top 100 Banks 2026: the full list and our analysis', Banque d'Algérie extérieure is the only Algerian banking institution in the list of the top 10 banks on the continent, while Algeria is among only four countries dominating the top 14 positions. View the full content on Echourouk Online.
echoroukonline.com
The Algiers Stock Exchange opens up to start-ups: exemption from fees, fundraising up to 500 million DZD, and the role of the Algerian Start-up Fund.
ecotimesdz.com
In the context of enhancing institutional cooperation and expanding partnership horizons, the Algerian Post today signed a framework agreement with the External Bank of Algeria 'BEA', embodying the mutual desire of both institutions to build effective and sustainable cooperation based on integration, exchange of experiences, and the development of services that meet citizens' aspirations. This agreement is part of the process of developing Islamic banking, through the adoption of the 'Murabaha' formula, which allows for the exploration and provision of new financial solutions and services that align with the needs of beneficiaries and keep pace with the transformations occurring in the financial and banking sector. Watch the full content on Echourouk Online.
echoroukonline.com
As part of a working visit to Algeria.
elkhabar.com
As part of the development of Islamic banking.
elkhabar.com