The Central Bank of Algeria published an account of a high-level meeting between Governor Mohammed Lamine LEBBOU and the heads of all commercial banks, focused on the recent performance of the banking system, monetary policy measures and priorities for modernizing the sector. The main message was a push to speed up financial inclusion, especially through digital transformation and the modernization of payment systems and instruments. The central bank said sector indicators show stronger resource collection and continued financing of the economy. It also outlined recently implemented monetary policy measures aimed at preserving price stability while maintaining financing conditions that support national production and financial stability. In the meeting, commercial banks were urged to diversify their products, improve the quality of local customer services and widen access to financial services for citizens and businesses across the country.
Central Bank of Algeria2026-06-14
Central Bank of Algeria calls on commercial banks to accelerate financial inclusion and payment system modernization
The Central Bank of Algeria used a meeting with commercial bank chiefs to press for faster financial inclusion and banking sector modernization, with a focus on digital transformation and payments. It also reviewed banking sector performance and recent monetary policy measures intended to support price stability, financing conditions and financial stability.