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Trading

List of Commercial Banks in Algeria

Published by Gbaf News

Posted on April 19, 2013

1 min read

· Last updated: June 11, 2018

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Banking Islamic banking Digital banking

1 Al Salam Bank
2 Algérie Poste
3 Arab Bank
4 Banque AlBaraka
5 Banque de Développement Local
6 Banque de l’Agriculture et du Développement Rural
7 Banque Extérieure
8 Banque Nationale d’Algérie
9 BNP Paribas
10 Caisse Nationale d’Épargne et de Prévoyance
11 Caisse Nationale de Mutualité Agricole
12 Calyon
13 Citibank
14 Crédit Populaire
15 Fransabank
16 Gulf Bank
17 Housing Bank For Trade And Finance
18 HSBC
19 Natixis Banque
20 Société Générale
21 Trust Bank

Key Takeaways

  • Algeria’s commercial banking sector includes both state‑owned and international banks.
  • State‑owned banks dominate retail and public finance, while foreign banks provide corporate, trade and Islamic banking.
  • The sector is regulated by the Bank of Algeria which issues licensing and controls interest caps.
  • International banks in Algeria include French, Gulf, Lebanese, American, British and Jordanian entities.

Frequently Asked Questions

Who regulates commercial banks in Algeria?
The Bank of Algeria, the country’s central bank, regulates licensing, operations and sets policies such as interest rate caps.
Which state‑owned banks operate in Algeria?
Key state‑owned banks include Banque Extérieure d’Algérie, Banque Nationale d’Algérie, Crédit Populaire d’Algérie, Banque de Développement Local, Caisse Nationale d’Épargne et de Prévoyance, Banque de l’Agriculture et du Développement Rural and Banque Nationale de l’Habitat.
What types of foreign banks are present?
Foreign banks include branches or subsidiaries of BNP Paribas, Société Générale, Natixis (French), Citibank (US), HSBC (UK), Arab Bank (Jordan), Gulf Bank (Kuwait), Fransabank (Lebanon), Al Salam Bank (Bahrain/Oman), Arab Banking Corporation (Bahrain), and Housing Bank for Trade & Finance (Jordan).
Are there Islamic banks in Algeria?
Yes, banks like Banque Al Baraka Algeria and Al Salam Bank offer Sharia‑compliant Islamic banking services.

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