Dans un communiqué rendu public samedi, l' Algerian Union Bank (AUB) a annoncé le lancement de sa fenêtre Islamic, through the marketing of four (04) new products on the market Mauritanian

L AUB is the first Algerian bank opened abroad. The four new products launched by this institution are among others “Mourabaha”, “Moudaraba”, “Selem” and “Qard Hassen”. They are part of the continuity of the bank's commercial development in Mauritania, according to CEO Merouane Aliane. The bank has once again announced its “desire to offer its customers the most complete range of products possible, in a network composed of two branches” and the bank has also opened a 3rd branch before the end

Il faut retenir que l' AUB est le fruit of a partnership between four Algerian public banks with a capital of 50 million dollars. These are banks such as Crédit Popolo d'Algérie (CPA, with 40% of the capital), the External Bank of Algeria (BEA, 20%), the National Bank of Algeria (BNA, 20%) and the Bank for Agriculture and Rural Development (BADR