[2] The Banque de l'Algérie was created by legislation of 4 August 1851 under the French Second Republic.
By legislation of 5 July 1900, the bank's head office was relocated from Algiers to Paris, in a property at 217, boulevard Saint-Germain, where it remained until its termination on 31 December 1963.
The Banque de l’Algérie's issuance monopoly was extended to the French protectorate of Tunisia in 1904, following two decades of debates during which the Banque de Tunisie had unsuccessfully tried to secure the issuance license for itself.
[4] Following World War II, the Banque de l'Algérie was nationalized by a law of 17 May 1946.
In January 1949, it was renamed the Banque de l'Algérie et de la Tunisie, but that change was reversed on 1 August 1958 following Tunisian independence and the establishment of the Central Bank of Tunisia.