The Bank of Algeria ( ar, بنك الجزائر , french: Banque d'Algérie) is the
central bank
A central bank, reserve bank, or monetary authority is an institution that manages the currency and monetary policy of a country or monetary union,
and oversees their commercial banking system. In contrast to a commercial bank, a central b ...
of
Algeria
)
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. The
bank
A bank is a financial institution that accepts deposits from the public and creates a demand deposit while simultaneously making loans. Lending activities can be directly performed by the bank or indirectly through capital markets.
Because ...
is located in
Algiers and its current
governor
A governor is an administrative leader and head of a polity or political region, ranking under the head of state and in some cases, such as governors-general, as the head of state's official representative. Depending on the type of political ...
is
Rosthom Fadli. It was established following Algerian independence in 1962 to take over the former activities in the country of the
Banque de l'Algérie, the colonial central bank of
French Algeria.
The Bank of Algeria sets the conditions under which banks and financial institutions in Algeria and abroad can be allowed to be in Algeria and to operate there. It establishes, moreover, the conditions under which such authority may be amended or withdrawn.
The organization of the bank includes the
Conseil de la Monnaie et du Crédit, the
Commission Bancaire (Banking Commission) and the Bank of Algeria itself.
Governors
*
Seghir Mostefaï, 1962-1981
*
Mahfoud Aoufi, 1981-1982
*
Rachid Bouraoui, 1982-1985
*
Bader Eddine Nouioua, 1985-1989
*
Abderrahmane Hadj-Nacer, 1989-1992
*
Abdelwahab Keramane, 1992-2001
*
Mohamed Laksaci, 2001-2016
*
Mohamed Loukal, 2016-2019
*
Amar Hiouani, 2019
*
Aïmene Benabderrahmane, 2019-2020
*
Rosthom Fadli, 2020
*
Salah Eddine Taleb, 2022
See also
*
Algerian dinar
The dinar ( ar, rtl=yes, 1=دينار جزائري, links=, lit=, translit=Dīnār Ǧazāʾirī, ber, script=Tfng, 1=ⴷⵉⵏⴰⵕ ⴰⴷⵣⴰⵢⵔⵉ, links=, lit=, translit=, label=; sign: DA; code: DZD) is the monetary currency of Alger ...
'', Algeria's currency''
*
Central banks and currencies of Africa
*
Economy of Algeria
*
List of central banks
.
Central banks
Central banks
Central banks
This is a list of central banks. Countries that are only partially recognized internationally are marked with an asterisk (*).
Disappeared central banking jurisdictions
* – Bank of Amsterdam (1 ...
*
List of banks in the Arab world
The following is a list of banks in the Arab World. The modern system of Arab banks was created in Egypt in the late 19th century, with the campaign of modernizing the country. Today Arab banks are among the most pioneering in Developing countries ...
References
External links
*
Algeria Banking Information
1962 establishments in Algeria
Banks of Algeria
Economy of Algeria
Algeria
)
, image_map = Algeria (centered orthographic projection).svg
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, largest_city = capital
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Algiers
Banks established in 1962
{{Algeria-bank-stub