The Central Bank of Mauritania has just granted an authorization to the Algerian bank in Mauritania. It thus becomes the second national bank approved abroad after the Algerian bank in

“The Algerian Bank in Mauritania has obtained permission from the Central Bank of Mauritania to start operating,” said Finance Minister Laaziz Faïd. Thus, the Algerian bank in Mauritania becomes the second national bank to obtain its authorization abroad, after the one that obtained its authorization from the Senegalese financial authorities last April, which represents the first time that an Algerian bank has been authorized abroad. The creation of these two banks is the result of a shareholding of four Algerian public banks, namely the National Bank of Algeria (BNA), the Crédit Populaire d'Algérie (CPA), the External Bank of Algeria (BEA) and the Bank of Agriculture and Rural Development