Algeria Financial Services

Displaying 55 - 60 of 116

 

How is the implementation of the regulations on large exposures proceeding?

 

Cash has long reigned supreme in the Algerian marketplace. While businesses in the formal sector make use of cheques and bank transfers, most Algerians exclusively use cash for their day-to-day spending and household purchases – a status quo the government aims to change through a series of initiatives. “Algeria is working hard to reduce the...

 

How can banks increase engagement with small and medium-sized enterprises (SMEs)?

 

What strategies is the banking sector employing to encourage the growth of small and medium-sized enterprises (SMEs) in Algeria?

 

COMPANY OVERVIEW: Alliance Assurances is a joint-stock company with an initial capital of AD500m (€4.6m). It was created in December 2004 by a group of national investors, and in 2007 it launched “Algeria Touring Assistance” in partnership with the Touring Club of Algeria.

 

We were expecting initial public offerings (IPOs) to be among the key priorities for the development of Algeria’s financial sector over the past year, and we have finally begun to see notable progress on that front: currently four state-owned companies are finalising the process and will likely be joined by a highly reputable private...

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