Banking

February 21, 2015

1

5 public banks fund comprehensive plan on development of SNVI

Five public bank signed Thursday in Algiers, a DZD91.748 billion credit agreement with the National Company of the Industrial Vehicles (SNVI) to fund a comprehensive plan of development of this industrial company.


Signed by CEOs of the SNVI and BNA (The National Bank of Algeria), respectively Malek Salah and Omar Boudiab, this agreement concerns the financing of an"...

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February 10, 2015

2

440 Algerians hold 671 million Euros in secret bank accounts in Switzerland

Team of journalists from 45 countries has unearthed secret bank accounts maintained for criminals, traffickers, tax dodgers, politicians and celebrities from the four corners of the world.


The leaked files, based on the inner workings of HSBC’s Swiss private banking arm, relate to accounts holding more than $100 billion. They provide a rare glimpse inside"...

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