News Algeria Banks: UPDATE 1-Algeria's CPA bank to open up 30% of its capital
Algeria' CPA bank (Credit Populaire Algerian) will open up 30% of its capital for private investment, the bank said in statement on Thursday. The state-owned bank added its share is estimated at 2,500 Algerian dinars ($18.66), and it will sell 60 million shares. Algeria’s president Abdelmadjid Tebboune has said last year he will focus on improving and reforming economy and finance.
News Algeria Banks: BADR Bank Becomes the First Public Bank in Algeria to Go Live With ISO 20022 in Partnership With Eastnets
ALGIERS, Algeria, October 22, 2025--Banque de l’Agriculture et du Développement Rural (BADR Bank), a public Algerian bank, has successfully gone live with ISO 20022, becoming the first financial institution in Algeria to comply with the global standard for financial messaging. This milestone marks a major step in BADR’s digital and regulatory modernization journey and was achieved in partnership with Eastnets, a global leader in financial messaging, compliance, and payments solutions.
News Algeria Banks: Algeria applies to join BRICS, would contribute $1.5 billion to group bank
Algeria has applied to join the BRICS group and submitted a request to become a shareholder member of BRICS Bank with an amount of $1.5 billion, Ennahar TV quoted Algerian President Abdelmadjid Tebboune as saying. It added that Tebboune said at the end of his visit to China that Algeria had sought to join the BRICS to open new economic opportunities.
News Algeria Banks: Algeria finalizes its accession to BRICS bank, becomes full member — bank head
As Dilma Rousseff stressed, "Algeria plays an important role not only in the economy of Northern Africa, but also on a global scale, and will definitely contribute to enhancing the NDBâs position in the global financial arena"
News Algeria Banks: Hamas chief to visit Algeria for inter-Palestinian dialogue
Hamas political chief Ismail Haniyeh has received an official invitation to visit Algeria for talks on inter-Palestinian dialogue, the group said on Saturday. Last month, Algerian President ...
News Algeria Banks: In Algeria, cars are now a rare and expensive commodity
In an effort to keep hard currency in the country and to build its own auto industry, Algeria places severe restrictions on dealerships ...
