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A Turkish Bank Establishes in Algeria with a Capital of 20 Billion DA - The Maghreb Times !

Summary by The Maghreb Times !

Turkey is expanding its economic presence in Algeria into the banking sector. Already present in steel with Tosyali, textiles, and construction, it has recently obtained authorization to establish a branch of Ziraat Bankasi, its first public bank in Algeria. This marks the first time a Turkish banking institution has entered the Algerian market, which is dominated by public banks. The Bank of Algeria has indeed granted, by decision No. 25-02 dat…

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The Maghreb Times !

A Turkish Bank Establishes in Algeria with a Capital of 20 Billion DA - The Maghreb Times !

Turkey is expanding its economic presence in Algeria into the banking sector. Already present in steel with Tosyali, textiles, and construction, it has recently obtained authorization to establish a branch of Ziraat Bankasi, its first public bank in Algeria. This marks the first time a Turkish banking institution has entered the Algerian market, which is dominated by public banks. The Bank of Algeria has indeed granted, by decision No. 25-02 dat…

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The Maghreb Times ! broke the news in 15 days ago on Friday, February 7, 2025.

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