Algiers – In a significant move towards accelerating digital transformation within the banking sector, Banque Extérieure d’Algérie (BEA) has announced the upcoming launch of a new integrated digital service.
The service, dubbed “Digital Stock Exchange,” will be integrated into the bank’s existing electronic banking platform, accessible via its website and the MOBILE BEA application. The initiative aims to provide a secure and convenient platform for trading stocks, encapsulated by the slogan “The Stock Exchange at Your Fingertips… Securely.”
The digital platform is designed to expedite financial transactions and facilitate remote investment portfolio management. Customers will be able to issue buy and sell orders for securities remotely, eliminating the need for physical visits and manual processes. The platform will also offer seamless monitoring and management of investment portfolios.
This initiative underscores Banque Extérieure d’Algérie’s commitment to expanding its investor base and promoting financial inclusion through a highly efficient digital platform. The platform will adhere to stringent quality and security standards and will support trading in various financial instruments, including stocks and bonds.
The launch of the “Digital Stock Exchange” is projected for January 2026, marking the beginning of a new technological chapter for Banque Extérieure d’Algérie. This launch reflects the bank’s ongoing commitment to developing digital services that align with technological advancements and cater to the evolving needs of the Algerian financial and monetary market.
DZWatch will continue to provide updates on this developing story.
