Practical challenges for the development of the Algerian banks in accordance with the Basel standards

Abstract

This article aims to identify the challenges of Basel III standards application in the Algerian banks, and to find a mechanisms that allow the Algerian banks to overcome these challenges. Therefore, we have studied the reality of Basel I and Basel II implementation in the Algerian banking system to determine the extent of its readiness to implementing the Basel III standards, then we used the questionnaire tool to identify the challenges and find the mechanisms for development the Algerian banks in order to implementing the Basel III accord. Where we found a set of challenges that hinder the implementation of Basel III standards by Algerian banks, as we suggested some of mechanisms that help these banks to overcome that challenges.