How would you assess the current levels of liquidity and credit to the economy?
Algeria Financial Services
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Interviews & Viewpoints | Brahim Semid, CEO, Banque Extérieure d’Algérie (BEA) : Interview from The Report: Algeria 2018
Interviews & Viewpoints | Lazhar Sahbani, Partner, PwC Algeria : Interview from The Report: Algeria 2018
Articles & Analysis | Financial inclusion important to Algeria's development from The Report: Algeria 2018
In developing and emerging market economies, the share of the population with access to basic financial services tends to lag significantly behind that of advanced economies. This can be chalked up to the relatively smaller size and sophistication of the banking sector, lower incomes, a higher degree of informal employment and patchy...
Articles & Analysis | Private equity investments to deepen and diversify Algeria's economy from The Report: Algeria 2018
Investment funds are smart financing tools that encourage private investment by providing shortand medium-term capital resources to companies. Private equity financing supports companies looking to finance their foundation, growth and in some cases recovery and maintenance. Furthermore, in an economic context in which financing needs are...
Articles & Analysis | E-payments yet to gain widespread use in Algeria from The Report: Algeria 2018
Advances in financial technology (fintech) have been slow to arrive to Algeria. A low bank penetration rate remains a significant challenge, notwithstanding substantial progress in recent years (see analysis), as do a cultural preference for cash and the dominance of state-run banks that have little incentive to innovate.
Algeria is a key producer of hydrocarbons in Africa, ranking first in gas output and among the top three for oil. It depends on the sector for the majority of government revenue and nearly all exports. Despite reforms to encourage private sector development, promote diversification and attract FDI, the state plays a preponderant role, meaning that changes to government expenditure and investment continue to have a large impact on economic performance.