Banking & Finance

Banks, financial services, lending, and fintech developments

Showing 745–756 of 836 articles
Banking & Finance
These are the electronic payment options for merchants... and interest-free export offers!

These are the electronic payment options for merchants... and interest-free export offers!

Launch of device delivery... and a wide campaign to facilitate contactless payment and via mobile. Mazari to 'Echorouk': Islamic cards, one million accounts, and the launch of deferred payment soon. Banks have received instructions to expand their banking offers aimed at electronic payment, by introducing a new package of practical options aimed at changing the pattern of commercial transactions and reducing reliance on cash as much as possible within sales spaces and among merchants by 2026, focusing on the positives that both merchants and customers will benefit from. In this context, banks launched a wide campaign to promote multiple electronic payment options, targeting both merchants and customers alike, and including various payment methods.

Jan 4, 2026echoroukonline.com
Regulatory & Legal
President Tebboune Ends the Duties of the Governor of the Bank of Algeria

President Tebboune Ends the Duties of the Governor of the Bank of Algeria

On Sunday, President Abdelmadjid Tebboune ended the duties of the Governor of the Bank of Algeria, Salah Eddine Taleb. He appointed Deputy Governor Moctar Boudeh to serve as Acting Governor of the Bank of Algeria. In May 2022, President Tebboune appointed Salah Eddine Taleb, who previously held the position of Chairman of the Currency and Credit Council, as Governor of the Bank of Algeria, succeeding his predecessor Rostom Fadli.

Jan 4, 2026echoroukonline.com
Regulatory & Legal
Immediate Compliance of Accountants with International 'FATF' Standards

Immediate Compliance of Accountants with International 'FATF' Standards

The President of the National Council of the National Chamber of Accountants, Mohamed Yahiaoui, issued strict recommendations to all accountants at the beginning of this year, emphasizing the immediate and complete compliance with the standards of the Financial Action Task Force 'FATF' as a critical element in supporting Algeria's exit from the gray list. He also specified the national laws that must be adhered to, which are 4 legal texts and 12 executive decrees. Yahiaoui confirmed that the profession of accountant is no longer a neutral technical role, but has become a direct national defense line against money laundering and the financing of terrorism, placing a heavy legal and ethical responsibility on its holders to protect the national economy. Yahiaoui warned that compliance is no longer a professional option, but a necessity.

Jan 3, 2026echoroukonline.com
Banking & Finance
Reduction of consumer loan and leasing interest rates at banks!

Reduction of consumer loan and leasing interest rates at banks!

The Bank of Algeria capped the interest rates on loans applied during the first half of 2026, according to a directive issued on December 30, 2025, which included various categories of bank loans. A comparison with the second half of 2025 showed a decrease in interest rates in the categories of overdrafts, consumer loans, short, medium, and long-term loans, as well as financial leasing. According to a directive issued by the Bank of Algeria on December 30, 2025, which was reviewed by Echourouk, the General Directorate of Credit and Banking Regulation set the ceilings for excessive interest rates applied for the first half of 2026, for various categories of loans provided by banks and financial institutions. The measure includes overdrafts...

Jan 2, 2026echoroukonline.com
Economic Policy
Increase in Gold Prices at the Beginning of 2026

Increase in Gold Prices at the Beginning of 2026

Gold prices rose slightly today, Friday, from their lowest level in two weeks, while other metals recovered some losses incurred during the past week. Gold in spot transactions increased by 0.8% to $4,346.69 per ounce, and U.S. gold futures for February delivery rose by 0.5% to $4,360.60 per ounce.

Jan 2, 2026radioalgerie.dz
Regulatory & Legal
New Agreement to Improve Retirement Services

New Agreement to Improve Retirement Services

The Director General of the National Retirement Fund (CNR), Hafid Adrar, along with the Director General of the Local Development Bank, Mohamed Mebarek, oversaw the signing ceremony of a partnership agreement between the two institutions, aimed at improving the quality of services provided to retirees and developing cooperation between public institutions. The agreement aims to diversify pension payment channels, simplify administrative procedures, support digital transformation, and enhance the retiree experience, ensuring speed and security in various operations related to pension payments and financial services. View the full content on Echourouk Online.

Jan 1, 2026echoroukonline.com
Banking & Finance
AL24 | الاقتصاد

Gold Heads for Largest Annual Gain Since 1979

Gold stabilized on Wednesday, but remains on track to record its strongest annual gains since 1979, while other precious metals declined as investors sought to take profits after record highs. Gold held steady in spot transactions at $4,345.75 per ounce, after hitting a record level of $4,549.71 on Friday. U.S. gold futures for February delivery fell by 0.5% to $4,365 per ounce. Gold has risen by about 66% during 2025, achieving its largest annual gains since 1979, driven by interest rate cuts, expectations of further monetary easing from the Federal Reserve, as well as geopolitical tensions and strong demand from...

Dec 31, 2025al24news.dz