VOL. XLI
No. 23
8-June-1998
ALGERIA
International Banks Provide Algeria With Measured Vote Of Confidence
Conseil de la Monnaie et du Credit, the Algerian licensing authority, is expected toaward two more full licenses to international banks to open branches in Algiers in thenext month. Bahrain-based Arab Banking Corporation (ABC) and France's Societe Generale(SocGen) will participate in joint-venture banks with international and local partners andwill follow Citibank of the US, which received...
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