VOL. XLVI

No 36

08-September-2003

ALGERIA

REGIONAL BANKING

Algeria Adopts Amendments To Currency And Credit Law

The Algerian Council of Ministers on 24 August adopted changes to the currency and credit law of April 1990 which will strengthen credit decision-making, banking administration and communication between the central bank and the finance ministry. Specifically, the amendments will enable the Bank of Algeria to better manage its tasks through the separation of its administrative committee...