The banking industry in Algeria is characterised by a high level of stability and ample liquidity, which owe much to the country’s robust hydrocarbons revenues. Lending to the economy has been growing strongly, albeit from a low base, and while intermediation rates are low, plans to relax a government ban on consumer credit and launch a new credit registry in 2015 should...
THE COMPANY: NCA Rouiba was created in 1966 and began its activities with the production of canned food. Twenty years later the company began producing fruit-based beverages before expanding operations to ultra-high temperature processed milk in 2004. In 2005 the company opened up its capital to a foreign investment fund, AfricInvest,...
Having been launched a decade and a half ago, Algeria’s stock market remains modest in size, with a market capitalisation equivalent to around just 0.1% of GDP – a result in part of the country’s surplus liquidity and accessible bank lending.
The Algerian insurance market is underdeveloped by regional standards, with penetration particularly low in the life segment; however, the sector has witnessed strong expansion in recent years. Life insurers have posted especially robust growth since early 2013, and companies are seeking to develop new niches, such as health insurance, targeted at individuals....
THE COMPANY: The Entreprise de Gestion Hôtelière El Aurassi (EGH El Aurassi) is a hotel management company. It comprises four hotels, the Hôtel El Aurassi Hotel, a five-star hotel in the centre of Algiers, and three others facilities located in southern Algeria: Hôtel Rym in Béni-Abbès, Hôtel El Mehri in Ouargla, and Hôtel El Boustene...
Access to finance can be difficult in any emerging market, as indicated by low levels of financial intermediation in the Middle East and Africa, and Algeria is no exception. For small businesses and households, which often face the greatest challenges in accessing credit, lending levels are low in Algeria, even by regional standards. Yet credit to the private sector has...
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