The 20 banking institutions operating in Algeria as well as the 8 financial institutions licensed in the country have until June 30, 2021, to get a minimum capital of 20 billion dinars ($150 million) for banks and 6.5 billion dinars ($49 million) for financial institutions, as decided by the Central Bank of Algeria.

For more information, please see https://www.ecofinagency.com/finance/0202-42303-algeria-banks-have-until-june-30-to-raise-their-capital-to-150mln