Banking & Finance

Banks, financial services, lending, and fintech developments

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Exploring ways to enhance cooperation between the 'COSOB' committee and the Egyptian Financial Supervisory Authority

Exploring ways to enhance cooperation between the 'COSOB' committee and the Egyptian Financial Supervisory Authority

Algeria - The President of the Committee for Organizing and Monitoring Stock Exchange Operations (COSOB), Youssef Bouzenada, discussed in Cairo with the President of the Egyptian Financial Supervisory Authority, Islam Azzam, ways to enhance mutual cooperation between the two parties, particularly through the exchange of expertise in financial markets and non-banking finance, according to a statement from the committee today, Thursday.

Jun 18, 2026aps.dz
Dollar Rises After Interest Rate Hold

Dollar Rises After Interest Rate Hold

The dollar continued its gains against the euro on Wednesday after the Federal Reserve (the U.S. central bank) kept interest rates unchanged. The Fed's statement showed that policymakers expect to raise borrowing costs later this year amid growing concerns about inflation. The euro fell by 0.5% to 1.1553 dollars, while the dollar recovered its losses against the yen to trade virtually unchanged at 160.435 yen.

Jun 18, 2026radioalgerie.dz
Stability of the Dollar and Decline of the Pound Before the First Meeting of the US Federal Reserve Led by Waller

Stability of the Dollar and Decline of the Pound Before the First Meeting of the US Federal Reserve Led by Waller

The dollar remained stable in the currency market against a decline in the pound today, Wednesday, ahead of the US Federal Reserve's first decision on its monetary policy under Kevin Waller's leadership, according to Reuters. According to the same source, the euro stabilized at 1.1605 dollars, while the pound fell against the dollar to 1.3420 and declined to 86.5 …

Jun 17, 2026al24news.dz
Financial Inclusion and Modernization of the Banking System: A Meeting of the Governor of the Bank of Algeria with Commercial Bank Officials

Financial Inclusion and Modernization of the Banking System: A Meeting of the Governor of the Bank of Algeria with Commercial Bank Officials

Algeria - The Governor of the Bank of Algeria, Mohamed Lamine Labbou, chaired a meeting today, Sunday, in Algiers with officials from all active commercial banks in the banking arena, focusing on the results of banking activity, evaluating monetary policy measures, accelerating the pace of financial inclusion and electronic payment, as well as the strategic challenges facing the sector, according to a statement from the Bank of Algeria.

Jun 14, 2026aps.dz
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Governor of the Bank of Algeria Meets with Commercial Bank Officials

The Governor of the Bank of Algeria, Mohamed Lamine Labo, chaired a meeting today, Sunday, in Algiers with officials from all active commercial banks in the banking sector, focusing on the banking activity report, evaluating monetary policy measures, accelerating financial inclusion and electronic payment, as well as the strategic challenges facing the sector, according to a statement from the Bank of Algeria on Sunday.

Jun 14, 2026echaab.dz
Bank of Algeria: Financial Inclusion and Modernization of the Banking System Focus of Meeting between the Governor of the Bank of Algeria and Commercial Bank Officials

Bank of Algeria: Financial Inclusion and Modernization of the Banking System Focus of Meeting between the Governor of the Bank of Algeria and Commercial Bank Officials

The Governor of the Bank of Algeria, Mohamed Lamine Labbou, chaired a meeting this Sunday in Algiers with officials from all active commercial banks in the banking sector, where the focus was on the performance of banking activities, evaluating monetary policy measures, accelerating financial inclusion and electronic payment, as well as the strategic challenges facing the sector, according to a statement from the Bank of Algeria.

Jun 14, 2026radioalgerie.dz
Awareness Day to Enhance the Role of Authorized Agents in Combating Money Laundering

Awareness Day to Enhance the Role of Authorized Agents in Combating Money Laundering

Algeria - The General Directorate of Customs organized an awareness day today, Thursday, in Algiers, for authorized agents with customs regarding their role in combating money laundering and financing terrorism by detecting suspicious transactions and reporting suspicions, as part of strengthening the mechanisms for preventing these financial crimes, according to a statement from the authority.

Jun 11, 2026aps.dz