Banking & Finance

Banks, financial services, lending, and fintech developments

Showing 433–444 of 835 articles
Economic Policy
APS | مصارف ومالية

Governor of the Bank of Algeria Highlights in Washington the Role of Strong Governance in Enhancing Global Economic Performance

Washington - The Governor of the Bank of Algeria, Mohamed Lamine Labo, highlighted in Washington, during the 53rd meeting of the International Monetary and Financial Committee, the necessity for financial policies to focus on enhancing regulatory and supervisory frameworks, monitoring emerging risks, and working towards price stability, in light of the geopolitical situation in the Middle East, adding that strengthening strong international governance is a prerequisite for improving global economic performance.

Apr 17, 2026aps.dz
Economic Policy
International Monetary and Financial Committee Meeting: Governor of the Bank of Algeria Highlights the Role of Strong Governance in Enhancing Global Economic Performance in Washington

International Monetary and Financial Committee Meeting: Governor of the Bank of Algeria Highlights the Role of Strong Governance in Enhancing Global Economic Performance in Washington

During the 53rd meeting of the International Monetary and Financial Committee in Washington, the Governor of the Bank of Algeria, Mohamed Lamine Labo, emphasized the need for financial policies to focus on strengthening regulatory and supervisory frameworks, monitoring emerging risks, and working towards price stability in light of the geopolitical situation in the Middle East. He added that enhancing strong international governance is a fundamental condition for improving global economic performance.

Apr 17, 2026radioalgerie.dz
Energy & Hydrocarbons
Brent crude at $98.05 per barrel

Brent crude at $98.05 per barrel

Oil prices fell in early trading this Friday. Brent crude futures dropped by $1.34, or 1.35 percent, to $98.05 per barrel. West Texas Intermediate crude futures also fell by $1.65, or 1.74 percent, to $93.40 per barrel, reducing the gains made in the previous session.

Apr 17, 2026radioalgerie.dz
Banking & Finance
Bank Coordination to Facilitate Localization and Finance Alternatives for Economic Enterprises

Bank Coordination to Facilitate Localization and Finance Alternatives for Economic Enterprises

The Minister of Foreign Trade and Export Promotion, Kamel Rezig, emphasized the need to enhance coordination among various actors in the banking and financial system, aiming to facilitate foreign trade operations and improve support for economic operators, especially regarding the banking localization procedures for estimated import programs in the fields of management and equipment, alongside developing financing mechanisms through financial leasing. This came during his chairing of a coordination working meeting yesterday, Wednesday, which included ministry officials and representatives of the professional association of banks and financial institutions, in addition to commercial banks authorized to engage in foreign trade and financial leasing companies, where the meeting was dedicated to presenting and clarifying the recent related procedures.

Apr 16, 2026echoroukonline.com
Banking & Finance
Rzig chairs a coordination meeting with banks and financial leasing companies

Rzig chairs a coordination meeting with banks and financial leasing companies

Algeria - The Minister of Foreign Trade and Export Promotion, Kamel Rzig, chaired a coordination working meeting today, Wednesday, which included ministry officials and representatives of the professional association of banks and financial institutions, as well as commercial banks authorized to engage in foreign trade, and financial leasing companies, according to a statement from the ministry.

Apr 16, 2026aps.dz
Banking & Finance
Expansion of the Local Development Bank in the Field of Islamic Financing

Expansion of the Local Development Bank in the Field of Islamic Financing

The total loans granted by the Local Development Bank in 2025 exceeded 1400 billion DZD, with a noticeable development in Islamic banking activities, according to the bank's general manager, Mohamed Mebarek. Mebarek explained to 'APS' that the value of loans granted surpassed 1400 billion DZD during the past year, marking an increase of 186 billion DZD compared to 2024, which reflects, as he said, 'the expansion of financing activities and support for investment in various sectors.' In this regard, the official confirmed that the bank continues its role as a financial partner in major structural projects, having notably contributed to the financing of the western mining line, seawater desalination plants, in addition to major agricultural projects in the southern provinces.

Apr 15, 2026echoroukonline.com