Banking & Finance

Banks, financial services, lending, and fintech developments

Showing 601–612 of 835 articles
Economic Policy
Settlement of outstanding transfers less than 10 billion centimes before Ramadan

Settlement of outstanding transfers less than 10 billion centimes before Ramadan

It is expected that, before the beginning of the month of Ramadan, the vast majority of financial transfers valued at less than ten billion centimes will be settled, according to what was confirmed by the Director General of the Treasury and Accounting, Hajj Mohamed Seba, during a session of the Finance and Budget Committee of the National People's Assembly, while discussing the draft budget settlement law for the year 2023. The Director General explained, in response to an intervention by a member of the Finance and Budget Committee of the National People's Assembly, Kamal Belkhodhar, that this category of transfers represents more than 30,000 financial transfers, or about 95 percent of the total approved transfers, reflecting the Treasury's commitment to expedite the disbursement of financial dues before the holy month arrives, and reassuring institutions and individuals benefiting from these transfers.

Feb 13, 2026echoroukonline.com
SMEs & Local Business
Launch of a Digital Platform to Market Products of Beneficiaries of 'ONGEM'

Launch of a Digital Platform to Market Products of Beneficiaries of 'ONGEM'

The National Agency for Microcredit Management 'ONGEM' launched a digital platform on Thursday to market the products of project owners benefiting from the agency's funding across the national territory, in a move that ensures prior monitoring of products and secure access to them, according to the agency's Director General, Souad Ben Jamil, in a statement to 'Echorouk' on the sidelines of her participation in the regional forum 'Algeria Descript' on Thursday at the Djilali Liabes University in Sidi Bel Abbes. The speaker stated that the occasion was an opportunity to sign an agreement with a delivery office that ensures local and international service provision, alongside the launch of the 'Sadidi' platform to facilitate the repayment process for beneficiaries' debts remotely. Ben Jamil added that the agency has submitted a request for...

Feb 13, 2026echoroukonline.com
Economic Policy
اقتصاد البلد

Bankruptcy Earthquake Strikes American Companies: Highest Rate Since the 2020 Pandemic

Last week witnessed a dramatic shift in the global economic landscape, as 9 major companies in the United States declared bankruptcy within just seven days. This acceleration raised the average number of bankruptcies over the past three weeks to 6 cases per week, the highest rate recorded since the peak of the Corona pandemic in 2020. By: Majid Sakhri Numbers Sound the Alarm Recent financial data indicates that at least 18 major companies, each with debts exceeding 50 million dollars, have filed for bankruptcy protection in the past 21 days. Historically, markets have only seen this rate during three pivotal periods of this century: The recession of ...

Feb 11, 2026iqtissadalbalad.dz
Banking & Finance
A New Step to Develop Banking and Financial Skills in Algeria

A New Step to Develop Banking and Financial Skills in Algeria

Yesterday, Tuesday, a new governance committee was installed at the Algerian Academy of Financial Technology in Algiers, as part of a partnership between the Commission for the Organization and Supervision of Stock Exchange Operations (COSOB) and the Banking Training Institute, aimed at proposing training programs and awareness-raising activities for finance professionals and enhancing national capacities in the banking and financial sectors. The committee is responsible for developing specialized training programs in financial technology, contributing to the development of skills and the qualification of workers in the banking and financial fields. Read the full content on Echourouk Online.

Feb 11, 2026echoroukonline.com
Banking & Finance
APS | مصارف ومالية

The Algerian Academy of Financial Technology Establishes Its Governance Committee

Algeria - On Tuesday, members of the governance committee of the Algerian Academy of Financial Technology were inaugurated in Algiers. This is the result of a partnership between the Commission for the Organization and Supervision of Stock Exchange Operations (COSOB) and the Banking Training Institute, aimed at establishing specialized training programs in the banking and financial sectors.

Feb 10, 2026aps.dz
SMEs & Local Business
Algeria Post Launches New Card and Its Features

Algeria Post Launches New Card and Its Features

Algeria Post announced today, Monday, February 9, the launch of a new card dedicated to holders of (CCP Business CASHLESS), aimed at businesses, merchants, micro-enterprises, and artisans. Algeria Post launches a new service. Read the full content on Echourouk Online.

Feb 9, 2026echoroukonline.com