Central Banks Worldwide Algeria

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Algeria: Bank of Algeria

 

The Bank of Algeria (Arabic: بنك الجزائر ‎, French: Banque d'Algérie), is the central bank of Algeria. The bank is located in Algiers and its current governor is Mohammed Laksaci.

The organization of the bank includes the Conseil de la Monnaie et du Crédit, the Commission Bancaire (Banking Commission) and the Bank of Algeria itself.

The dinar (Arabic: دينار‎) (sign: د.ج or DA; code: DZD) is the currency of Algeria and it is subdivided into 100 santeem (سنتيم).

In 1964, coins in denominations of 1, 2, 5, 10, 20 and 50 santeem, and 1 dinar were introduced, with the 1, 2 and 5 santeem struck in aluminium, the 10, 20 and 50 santeem in aluminium bronze and the 1 dinar in cupro-nickel. The obverses showed the emblem of Algeria, while the reverses carried the values in Eastern Arabic numerals. In later decades, coins were issued sporadically with various commemorative subjects. However, the 1 and 2 santeem were not struck again, whilst the 5, 10 and 20 santeem were last struck in the 1980s.

In 1992, a new series of coins was introduced consisting of ¼, ½, 1, 2, 5, 10, 20, 50 and 100 dinar. The 10, 20, 50 and 100 dinar coins are bimetallic.

Coins in general circulation are 5 dinar and higher. Following the massive inflation which accompanied the slow transition to a more capitalist economy during the late 1990s, the santeem and fractional dinar coins have dropped out of general circulation, whilst the 1 and 2 dinar coins are rarely used, as prices are rounded to the nearest 5 dinar.[2] Nonetheless, prices are typically quoted in santeem in everyday speech; thus a price of 100 dinar is read as عشر الاف ("ten thousand").

 

 


List of Offshore Bank

 

Dominica Swiss-Switzerland- Suisse Anguilla
Costa Rica Nevis Alderney
Austria Bahamas Antigua
Belgium Belize Barbados
Aruba Labuan - Malaysia Bermuda
Dubai UAE Liechtenstein Cape Verde
Gibraltar Monaco Islands Cook
Grenada Saint Vincent Cayman Islands
Guernsey Uruguay Hong Kong
Cyprus Netherlands Antilles Andorra
Jersey   Isle of Men


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Bank of Albania - Bank of Algeria - Bank of Argentina - Bank of Armenia - Bank of Aruba - Bank of Australia - Bank of Austrian - Bank of Azerbaijan - Bank of Bahamas - Bank of Bahrain - Bank of Bangladesh - Bank of Barbados - Bank of Belarus - Bank of Belgium - Bank of Belize - Bank of Bermuda - Bank of Bhutan - Bank of Benin - Bank of Bolivia - Bank of Bosnia - Bank of Botswana - Bank of Brazil - Bank of Bulgaria - Bank of Burkina Faso - Bank of Cameroon - Bank of  Canada - Bank of Cayman Islands - Bank of Central African Republic - Bank of Chad - Bank of Chile - Bank of China - Bank of Colombia - Bank of Congo -Bank of Costa Rica - Bank of Côte d'Ivoire - Bank of Croatia - Bank of Cuba - Bank of Cyprus - Bank of Czech Republic - Denmark - Bank of Dominican Republic - East Caribbean area - Ecuador - Egypt - El Salvador - Equatorial Guinea - Estonia - Ethiopia - European Union - Fiji - Finland - France - Gabon - Georgia -

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