The Money and Credit Council reviews banking prudential standards

The Money and Credit Council held an ordinary session, chaired by Bank of Algeria Governor Salah Eddine Taleb, to examine new regulatory projects designed to strengthen banking oversight. These measures aim to align the national regulatory framework with international standards, while incorporating the specific requirements of Islamic banking. The council approved regulations regarding solvency ratios, management of major risks and equity participation, as well as the classification of outstanding claims and provisions. Additionally, the council addressed the determination of the premium rate for bank deposit guarantees.