english issue
Algeria E-Banking Services : Genius and Boldness
By Aïcha Saidi
Many Algerians have been using it for years . But how many of us have joined than bandwagon of e-banking or online banking in our daily actions ? E-banking involves financial transactions online , which have now been made available by all banks in Algeria . Seeking efficiency , the banking system continues to be improved with the latest solutions of the company AEBS . To better understand the appropriateness of this data transfer process , which began to be used in 2007 , OGB has approached this start-up , which has been operating in Algiers since 2009 and is an Algerian company . According to AEBS CEO , Reda Benbouzid , “ At the beginning , AEBS was a knowledgeable witness of the banking reform , which projected an efficient customer service .» This finance expert , who is a staunch proponent of online banking , quickly identified the needs of banks and offered them innovative deals in terms of speed , reliability , and security of transactions between banks and their customers by introducing the AEBS company in the closed world of finance . Reda Benbouzid states , “ E-banking is a powerful tool that has revolutionized the processing of interbank exchanges , especially with customers . In this connection , the future is full of promise .“ With over ten years of practice on the local financial market , AEBS which sensed the high rate of use of the banking system was quick to offer e-banking solutions for exchanges with more proximity for the customer and above all the speed of execution depending on request . This was a watershed in customer relationships and this has vastly increased offers . Between 2007 and 2009 , AEBS worked closely with ABEF to adapt the organization of major banks and reduce the flow in branches . The e-banking solution made it possible to process those operations . The system offers many services at
Réda Benbouzid , AEBS CEO .
low cost . As a result , the customer portfolio of major banks including foreign banks was developed , even though foreign banks are connected to their parent banks based overseas . The solutions offered by AEBS help retain and recruit new users of the bank , which generates new sources of profit . “ In the 10 years that we have been in Algeria ,” says Reda Benbouzid , « AEBS has strengthened its technological tools and developed a force of proposal of new solutions that fulfil all the needs of partner banks .»
52 / OIL & GAS business / NUMÉRO 14 / Avril 2016