Tuesday 11 February 2025
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Al Salam Bank: Two cooperation agreements in project financing inked

حجم الخط : +-

BY: Hana Saada

 

ALGIERS- Al Salam Bank Algeria has signed two cooperation agreements with the Islamic Corporation for the Development of the Private Sector (ICD), as well as the International Islamic Trade Finance Corporation (ITFC) for the support of Algerian companies in the fields of financing projects, trade, and export, said the bank, Sunday, in a statement posted on its Facebook page.

The signing of these agreements took place on the sidelines of the annual meeting of the Islamic Development Bank, held in Jeddah (Saudi Arabia) from May 11 to 13, 2023, in the presence of the CEO of Al Salam Bank Algeria, Nasser Haider, and the executive director of both institutions, Dr. Hani Salem Sonbol.

Al Salam Bank Algeria will benefit from the experience and support of the two institutions affiliated with the Islamic Development Bank (IDB) to support its customers and Algerian companies wishing to invest and develop their projects in Algeria.

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