Skip Ribbon Commands
Skip to main content
Bank ABC in Algeria


The Bank was the first international private bank to be authorized to operate under Algerian legislation by an official decision of the 'Conseil de la Monnaie et du Crédit de la Banque d'Algérie' (Council of Currency and Credit of the Central Bank of Algeria) in September 1998.

Bank ABC began trading on 2nd December 1998, opening its main branch in Bir Mourad Rais, Algiers.  


  • Arab Banking Corporation BSC (87,62%) 
  • The Arab Investment Company (TAIC) Riyadh(4,18%)
  • The Compagnie Algérienne d’Assurance et de Réassurance (CAAR) Algiers (2,09%)
  • The International Finance Corporation (IFC) Washington (1,85%)
  • Other private Algerian investors (4, 26%)

AS OF 30 June, 2015​


Total Assets


Total Loans & Advances


Total Deposits


Shareholders' Funds


Number of Branches


Annual reports
    Board of Directors

    Mr. Ali Salem HEBRI
    Chairman since November 2012

    Mr. HEBRI has over 30 years’ experience in the financial sector. He is Senior executive in leading position in several key public Libyan entities and has been Chief Financial Officer of several major Libiyan companies. Mr. Ali HEBRI holds a Postgraduate Diploma in Accounting from the University of Strathclyde , Great Britain.

    Mr. Hisham A. MOUZUGHI
    Member since 2010 - Deputy Chairman since September 2013      

    Mr. Mouzughi has been the Head of Risk and Credit Support at ABC Islamic Bank (E.C) Bahrain since 2006. He started his career in 1989 at the London Subsidiary of Arab Banking Corporation.

    Mr. MOUZUGHI holds an MBA from Webster University; a Master of Science in Business Administration (MSBA), from Boston University; a Post Graduate Diploma in Accounting and Finance from London School of Economics, and a Post Graduate Diploma in Islamic Banking and Insurance, from the Institute of Islamic Banking and Insurance, London. 

    Mr. Noreddin NAHAWI
    Managing Director since May 2011 and Chief Executive Officer from May 2011 to March 2015

    Mr. Nahawi joined ABC Group in 2003 as Head of Arab World Division and has occupied since the positions of Managing Director of ABC Jordan, and lately Tunisia Country Manager. Mr. Nahawi’s career spans over 40 years across nine countries including his native Jordan, France, Oman, the U.K., U.A.E., Bahrain, Lebanon, Egypt and most recently Tunisia.

    Prior to joining ABC, he had spent over 29 years of his career with BNP Paribas. Mr. Nahawi holds a Master in International Administration and a Bachelors of Arts from Colby College, Waterville (Maine, USA).

    Mr. Patrick Edouard ABI HABIB
    Director since June 2010

    Mr. Abi Habib joined ABC Group in 2002 where he held several senior positions in business development, credit and risk management, and Internal Audit at Group level in Bahrain, but also in many countries such as Algeria, Tunisia and Egypt. Mr. Abi Habib was a member of the board of directors of Bank ABC in Egypt between 2012 and 2014 and Bank ABC in Jordan in 2014. He is actually First Vice President at ABC (BSC) Bahrain.

    Mr. Abi Habib holds a Master in Management from SKEMA Business School in France and a Bachelor of Art in Economics from Saint Joseph University, Lebanon. His banking experience spans over 20 years in the MENA region​

    Mr. Zied JALALI
    Director – Since June 2013
    Mr Jalali joined ABC Group in 2003, he was a member of ABC Tunisia’s Board of Directors from 2010 to 2013, and is currently First Vice President in the Project & Structured Finance Department at ABC Group. Mr Jalali holds Post-Graduate Degree in Banking & Financial Systems from Université Paris1-Sorbonne, France and Masters in Service from the Institut d’Administration des Entreprises (IAE), Aix-en-Provence, France​
    Mr.  Majid NASSOU
    Director since June 2010
    Mr. Nassou held different executive positions, of which Chairman and General Manager in several banks like CPA, BDL, BNA and al Rayan Bank in Algeria. He was also Regional Manager with UBAF in Paris and Bahrain. Mr. Nassou holds a Master in banking from “Ecole Supérieure des Arts & Métiers”, Paris, a Master in Law and a Diploma in Political Sciences from Bordeaux University France.​
    Mr. Ali KOOLI
    Director since May 2014
    Mr. KOOLI is General Manager and Administrator of Arab Banking Corporation-Tunisia since 2010. He was General Manager and Board member of Société Générale Banque in Jordan (SGBJ). Chief Executive Officer and Board member of the Union of International Bank. Deputy CEO of UBAF in Japan. Commercial Manager France Network of Société Générale He has nearly 30 years of banking experience in Japan, France, Jordan and Tunisia. He holds a Master degree from EM Lyon, France.
    Mr. Abdellatif BENKHELIL 
    Secretary of the Board of Directors

    He joined Bank ABC Algeria in October 2012 as Secretary of the Board of Directors. He has 20 years’ banking experience, prior to that he was a lawyer in Algiers.​


    • Acting Chief Executive Officer
      Mr. Nadir Idir
    • Deputy Chief Executive Officer & Chief Banking Officer
      Mr. Jawad SACRE
    • Deputy Chief Executive Officer –Support
      Mr. Nadir Idir​

    Organizational Chart 

    Branches List​

    • Bank ABC in Algeria 
      PO Box 367
      38 Avenue des Trois Freres Bouaddou
      Bir Mourad Rais, Algiers, Algeria
      Tel:  (213) (0) 23 56 95 23
      Fax: (213) (0) 23 56 92 08

    Latest News

    Bank ABC Announces Nine-Month Net Profit of US$144 Million
    Bank ABC Islamic Announces 40% Increase in Nine-Month Net Profit to US$16.1 Million
    Bank ABC Closes a US$125 Million Syndicated Term Loan Facility for United Arab Bank