The role of Banking reforms in mobilizing household savings in Algeria

An Econometric Study for the period (1990-2016)

Abstract

This paper examines the role played by the Algerian banking sector in mobilizing
household savings in the period following the financial reforms of 1990. The reform priorities were
to give the banking sector its main role in mobilizing savings and financing development.
The researchers found that the reforms that affected the banking system did not have a
significant impact on family savings in Algeria due to many factors, the most important of which is
the prevalence of negative real interest rates in most of the study period, the weakness of saving
alternatives and other religious and social factors.