- published: 25 Mar 2016
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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.
Coordinates: 28°N 2°E / 28°N 2°E / 28; 2
Algeria i/ælˈdʒɪəriə/ (Arabic: الجزائر, al-Jazā'ir; Berber: ⴷⵣⴰⵢⴻⵔ Dzayer), officially the People's Democratic Republic of Algeria (الجمهورية الجزائرية الديمقراطية الشعبية, al-Jumhūriyyah al-Jazāʾiriyyah ad-Dīmuqrāṭiyyah ash-Shaʿbiyyah), also formally referred to as the Democratic and Popular Republic of Algeria, is a large country in the Maghreb region of Northwest Africa with Algiers as its capital.
When referring to its land area, Algeria is the largest country in Africa, Maghreb and the Arab World. It is also the largest of the countries bordering the Mediterranean Sea; it is also the tenth-largest country in the world. The country is bordered in the northeast by Tunisia, in the east by Libya, in the west by Morocco, in the southwest by Western Sahara, Mauritania, and Mali, in the southeast by Niger, and in the north by the Mediterranean Sea. Its size is almost 2,400,000 square kilometres (926,645 sq mi) with an estimated population of 37.1 million as of 2012. Algeria is a member of the African Union, the Arab League, OPEC and the United Nations. The country is also a founding member of the Arab Maghreb Union.