As Covid-19 cases hit new heights in Algeria, challenges continue to mount for the country's state-dominated banking sector. A slump in oil and gas revenues from the early days of the pandemic has caused a series of challenges, including low liquidity, under-capitalisation and a rise in bad loans. While the country's private lenders have continued to post robust growth figures by focusing on specific niches of the economy, the sector as a whole faces a reckoning when measures put in place by the central bank, Banque d'Algerie (BdA), begin to be unwound. Although the country's newly-elected government has expressed the need for reform and increased private sector involvement in the banking sector, hope that such reforms will come to pass remain dim.
展开▼
机译:随着Covid-19案件在阿尔及利亚袭击了新的高度,挑战继续为该国的国家主导的银行业登上。 大流行早期的石油和天然气收入的萧条导致了一系列挑战,包括低流动性,资本下的资本欠税和坏贷款的增加。 虽然该国的私人贷款人通过专注于经济的特定利基,但整个领域的措施在中央银行的措施,开始成为 展开。 Although the country's newly-elected government has expressed the need for reform and increased private sector involvement in the banking sector, hope that such reforms will come to pass remain dim.
展开▼