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Algeria News Gate
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 23, 20243 min read
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...
Nov 22, 20242 min read
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 27, 20241 min read
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 20, 20243 min read
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...
Aug 14, 20242 min read
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...
Apr 4, 20241 min read
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