Banking & Finance

Banks, financial services, lending, and fintech developments

Showing 37–48 of 832 articles
New mechanism to facilitate the entry of startups and innovative companies into the financial market

New mechanism to facilitate the entry of startups and innovative companies into the financial market

Authorities are moving to enhance funding opportunities for high-growth potential startups and innovative companies by facilitating their access to the financial market, diversifying their funding sources, and supporting them during growth and expansion phases, within the framework of a new mechanism aimed at adapting listing requirements to the specificities of these companies. This came during a meeting between the Minister of Knowledge Economy, Startups, and Micro-Enterprises, Nourredine Wahid, on Thursday, with the Chairman of the Committee for Organizing and Monitoring Stock Exchange Operations, Youssef Bouzenada, in the presence of several committee officials, where ways to support innovative companies and enhance their access to funding through the financial market were discussed. Read the full content on Echourouk Online.

Oct 2, 2026echoroukonline.com
Alliance Assurances Records Growth in Revenue During the First Half of 2026

Alliance Assurances Records Growth in Revenue During the First Half of 2026

Alliance Assurances revealed a growth in its revenue during the first half of 2026, amounting to 3,743,363,625 Algerian Dinars, compared to 3,378,630,235 Dinars during the same period in 2025, an increase of 10.80%. The company stated in a press release that its Board of Directors approved the company's accounts for the first half of 2026 during a meeting held on September 29. View the full content on Echourouk Online.

Sep 30, 2026echoroukonline.com
Lebo discusses with international financial institutions enhancing cooperation and supporting investment in Algeria

Lebo discusses with international financial institutions enhancing cooperation and supporting investment in Algeria

The Minister of Finance and Governor of Algeria at the Asian Infrastructure Investment Bank, Mohamed Lamine Lebo, discussed with officials from international financial and development institutions the prospects for enhancing cooperation and supporting capacities and knowledge transfer, in addition to reviewing the potential of the Algerian economy and investment opportunities in strategic and structured projects. These discussions took place on the sidelines of Lebo's participation on Monday and Tuesday in the 11th annual meeting of the Board of Governors of the Asian Infrastructure Investment Bank in Doha (Qatar), which brought together representatives from member countries to discuss several issues related to the institution's work and management. Read the full content on Echourouk Online.

Sep 29, 2026echoroukonline.com
Immediate financing for commercial debts and 7 conditions for eligibility!

Immediate financing for commercial debts and 7 conditions for eligibility!

Banks are required to report to the 'Risk Central' and the factoring transfers rights and guarantees to the intermediary, preventing the factoring of debts subject to mortgage or assignment or any guarantee that affects the rights of the intermediary. The Bank of Algeria has defined, through a new system, the conditions for banks and financial institutions to practice factoring and the procedures for this process, which involves the institution transferring its commercial debts owed by its clients to a bank or financial institution, in exchange for receiving their value immediately, with the intermediary bearing the risk of non-payment. The system aims to define the conditions for banks and financial institutions to practice factoring and the procedures for its operation, considering factoring as a process carried out within the framework of a written agreement with a substitutive effect.

Sep 21, 2026echoroukonline.com
Venezuela Approaches Agreement to Transfer Gold Reserves Worth $4 Billion to New York

Venezuela Approaches Agreement to Transfer Gold Reserves Worth $4 Billion to New York

The Venezuelan government and opposition are nearing an agreement to transfer the gold reserves of the central bank, valued at approximately $4 billion, from the vaults of the Bank of England to the Federal Reserve Bank in New York, in a move that could allow the transitional government led by Delcy Rodríguez to utilize the reserves for funding expenditures, according to the Financial Times. According to the newspaper, the arrangements being discussed grant the transitional government legal control over the gold, but will not allow it to sell the reserves immediately, as it can be used as collateral to obtain loans for government spending, including reconstruction efforts after the two devastating earthquakes that ...

Sep 18, 2026echoroukonline.com
AL24 | الاقتصاد

Trump Calls on the Federal Reserve to Lower Interest Rates

U.S. President Donald Trump called on the Federal Reserve on Wednesday to lower interest rates to 1 percent 'or lower,' following the announcement of the first interest rate hike by the U.S. central bank since 2023. Trump explained in a post on his platform 'Truth Social' that interest rates in the United States should be at 1 percent or ...

Sep 17, 2026al24news.dz