FRANSABANK El Djazaïr SPA, a joint-stock company, started operations in Algeria on October 1st, 2006, offering its clientele—comprised of Small and Medium Companies as well as large national and international corporations—a comprehensive range of products and services with characteristics of a universal commercial bank.
Fransabank El Djazaïr is primarily owned by:
- FRANSABANK S.A.L. (Lebanon): 52.74%
- CMA CGM S.A. (France): 34.37%
- MERIT CORPORATION S.A.L. (Lebanon): 9.37%
- MAGHREB TRUCK CO. J.S.C. (Algeria): 3.50%
The bank has swiftly established a robust reputation among economic players operating in Algeria, enabling it to expand its presence across numerous cities, including Algiers, Oran, Constantine, Blida, Sétif, Bejaia, Batna, Annaba, Bordj Bou Arréridj, Tlemcen, Sidi Bel Abbès, Tizi Ouzou, Biskra, and El Eulma.
Integrity, loyalty, financial responsibility, and transparency are the core management values upheld by the bank, ensuring top-tier banking and financial services for its clients.
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General Management Members
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| Mr. Mustapha BELATRECHE | General Director |
| Mr. Salim BENIDDIR | Deputy General Manager - Control |