New licences granted
Algiers has granted licences to two banks to establish operations in the country. Calyon Algerie has been granted one of the licences and will focus on investment banking, although it may also branch out into retail banking. A licence has also been granted to Al-Salam Bank Algeria, a joint venture of investors including Emaar Properties and subsidiary Amlak Finance, Dubai Investment Group, Dubai Holding, Global Investment House, and Lebanese Canadian Bank.
Subscriber access only
Sign In
- If you are a new, paid MEED subscriber accessing the site for the first time, please activate your account.
- If you are a registered user who would like to to enjoy unlimited access to MEED.com, click subscribe to purchase a subscription or contact Customer Service by email or by calling +971 (0) 4 368 1588.
- Alternatively, you may browse MEED.com as a registered user for free. Our quick registration will allow you to sample premium business intelligence which is otherwise only available to paying subscribers through our Editor's Choice section, sign up for newsletters and to set up a library of saved articles.
