UPDATE 1-Algeria's CPA bank to open up 30% of its capital
Published on: Thursday 25 January 2024
Algeria' CPA bank (Credit Populaire Algerian) will open up 30% of its capital for private investment, the bank said in statement on Thursday. The state-owned bank added its share is estimated at 2,500 Algerian dinars ($18.66), and it will sell 60 million shares. Algeria’s president Abdelmadjid Tebboune has said last year he will focus on improving and reforming economy and finance.
