Banking & Finance

Banks, financial services, lending, and fintech developments

Showing 85–96 of 832 articles
Banking & Finance
Discounts on Visa Card Prices and Online Purchases Allowed!

Discounts on Visa Card Prices and Online Purchases Allowed!

Bank announcements regarding the use of foreign exchange for online purchases. A promotional offer from the Local Development Bank with discounts of up to 50 percent. Public and private banks in Algeria have recently initiated new procedures to facilitate citizens' access to the foreign exchange allocated for travel abroad, by providing clarifications regarding the expansion of international bank card services, reducing costs for some, and allowing the use of hard currency balances for payment and purchases online from foreign sites, with the clarification that opening an international bank card is not possible for non-workers. These measures come at a time when possessing an international payment card has become an essential means to benefit from foreign exchange rights, after it was approved...

Aug 23, 2026echoroukonline.com
Regulatory & Legal
New details regarding export operation insurance!

New details regarding export operation insurance!

The Algerian company for insurance and export guarantee 'CAGEX' revealed new details regarding the insurance of export operations, within the framework of implementing the new regulatory provisions of the Bank of Algeria related to current transactions with abroad and financing export operations, confirming its continued support for Algerian operators in securing their international trade transactions. According to a statement issued by the CEO of the company, under number 272 dated August 20, 2026, which 'Echorouk' has seen, the guarantee from 'CAGEX' has become necessary when the repayment period granted to the non-resident customer exceeds 120 days, provided that this period does not exceed 180 days, a procedure that also includes export financing operations. These measures come in the context of implementing the provisions...

Aug 22, 2026echoroukonline.com
Banking & Finance
AL24 | الاقتصاد

Gold Rises to Highest Level in 3 Months, Heading for Third Weekly Gain After U.S. Treasury Plan

Gold prices surged on Friday to their highest levels in over three months, heading for weekly gains for the third consecutive week, benefiting from the decline in the U.S. dollar index following the U.S. Treasury Department's announcement of new guidelines for bond repurchases. Gold rose in spot transactions by 2.1 percent to reach $4612.17 per ounce, after recording $4620.14 during the session, the highest level since mid-May, while U.S. gold futures rose by 2.2 percent to settle at $4670.60, marking total weekly gains of about 5 percent. Market analyses attributed this record rise to the pressures faced by...

Aug 21, 2026al24news.dz