Algeria integrates gold into its formal banking system

The Bank of Algeria has issued regulation n° 26-04, published in the Official Gazette on November 4, 2026, to oversee gold transactions. This directive establishes a legal framework for commercial banks and financial institutions to participate in the gold market, moving away from informal practices. Banks are now permitted to facilitate gold purchases, sales, deposits, and account management, as well as gold-backed loans. The regulation mandates rigorous standards for quality control, valuation, and traceability. By integrating this precious metal into the banking sector, the authorities aim to convert traditional gold holdings into transparent financial assets, thereby boosting market liquidity and economic integration.