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Bank of Algeria: Determining the Mechanisms for the Practice of Factoring by Banks and Financial Institutions

October 22, 2026اقتصاد | الإذاعة الجزائريةradioalgerie.dz
Bank of Algeria: Determining the Mechanisms for the Practice of Factoring by Banks and Financial Institutions

The Bank of Algeria issued a new directive that defines the mechanisms for the practice of factoring by banks and financial institutions. The directive, dated October 7, signed by the Governor of the Bank of Algeria, Mohand Bourai, aims to specify the implementation mechanisms of the provisions of system No. 26-03 dated August 13, 2026, related to the practice of factoring by banks and financial institutions.

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