The managing director of Algerian Union Bank (AUB), Merouane Aliane announced on Wednesday, January 17, last Wednesday, January 17 that the first Algerian bank open abroad, based in the Mauritanian capital, is preparing to open, during the first quarter, two new agencies.

A new bank will be created in Nouadhibou, the economic capital of Mauritania. According to the director general, in its roadmap, AUB plans to set up another agency in Zouérat (north). He specifies that visits were made to this city to choose the locals. For the latter, “the effective launch of AUB took place at the end of 2023 with a first branch in Nouakchott, and 2024 will only be the continuation of our momentum: the opening of other agencies, including one in Nouadhibou and which

Selon Merouane Aliane, the main mission assigned to this public banking institution is the promotion of economic exchanges and exports to Mauritania and, from there, to the other countries of West Africa. According to him, the bank's staff is currently focusing on the communication aspect with local and Algerian economic operators, with a view to possible financial support