This article will address the topic of Bank of Algeria, which has been the subject of debate and interest in different areas. Bank of Algeria has attracted great attention due to its relevance in today's society and its impact on various aspects of daily life. Throughout history, Bank of Algeria has played a fundamental role in the evolution of humanity, being the object of study and research in multiple disciplines. In this sense, different perspectives and approaches related to Bank of Algeria will be analyzed, with the aim of providing a comprehensive and enriching vision on this topic. Through a rigorous and critical analysis, the aim is to delve into the different aspects that characterize Bank of Algeria, as well as its implications and repercussions today.
You can help expand this article with text translated from the corresponding article in French. Click for important translation instructions.
|
Logo of the Bank of Algeria The Bank of Algeria building | |
Headquarters | Algiers, Algeria |
---|---|
Established | 13 December 1962 |
Ownership | 100% state ownership |
Governor | Salah Eddine Taleb |
Central bank of | Algeria |
Currency | Algerian dinar DZD (ISO 4217) |
Reserves | US$64.63 billion (2023) |
Website | http://www.bank-of-algeria.dz/ |
The Bank of Algeria (Arabic: بنك الجزائر, French: Banque d'Algérie) is the central bank of Algeria. The bank is located in Algiers and its current governor is Salah Eddine Taleb. 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 It establishes, moreover, the conditions under which such authority may be amended or withdrawn.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.
Media related to Bank of Algeria at Wikimedia Commons