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Nov 23, 2024
Bank of Algeria Introduces New Framework for Digital Banking Operations
Key Points: • Foreign Participation Restricted: No foreign bank branches or 100% foreign-owned digital subsidiaries allowed in Algeria....
Nov 22, 2024
Algeria’s New Currency Rules: What Travelers Need to Know About the €7,500 Limit
Algeria Implements New Rules for Foreign Currency Export: Key Changes On Thursday, November 21, Algeria introduced significant amendments...
Aug 27, 2024
Bank of Algeria sets new regulation on the prevention of money laundering and terrorist financing
ALGIERS - The Bank of Algeria has just published a new regulation on preventing and combating money laundering, the financing of...
Aug 20, 2024
Al Baraka Bank and Al Salam Bank leading the Islamic Finance Market in Algeria
Over the past four years, there has been a growing trend among banks to offer Islamic finance products as a way to attract excess...
Aug 14, 2024
How will Algeria address the widening budget deficit and rising public debt in 2023?
The Bank of Algeria's 2023 annual report , published recently, highlights that despite the positive overall performance of the national...
Apr 4, 2024
What are the New Minimum Capital Requirements for Banks and Financial Institutions in Algeria?
The Bank of Algeria has issued Regulation 24-02, which establishes the minimum capital requirements for banks and financial institutions...
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