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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.  

 

PRINCIPAL SHAREHOLDERS
  • 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%)
FINANCIAL HIGHLIGHTS

HIGHLIGHTS 
AS OF 31 march, 2016​

US$ MILLION

Total Assets

603

Total Loans & Advances

368

Total Deposits

426

Shareholders' Funds

152

Number of Branches

24



 
Annual reports
    ​​​​​​​​​​​​ ​​​​​​​​​​​​
    Board of Directors

      
      
    CV
    Mr. Ali KOOLI
    Chairman of the Board since May 2016 and Director since May 2014
     ​Mr. KOOLI is General Manager and Director 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 Network of Société Générale France. He has 30 years of banking experience in Japan, France, Jordan and Tunisia. He holds a Master degree from EM Lyon, France. Mr. Kooli was named as Regional Manager for North Africa in July 2015.
    ​​​
     
    Mr. Hisham A. MOUZUGHI
    Director since 2010 - Deputy Chairman since September 2013 

    Mr. MOUZUGHI is the Head of Risk and Credit Support at ABC Islamic Bank (E.C) Bahrain since 2006. He started his career in 1989 at Bank ABC London.

    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. Fehmi HANNACHI
    Director since May 2016

    Mr. Fehmi Hannachi is the General Manager of Arab Banking Corporation – Bank ABC Paris since June 2015 and has been General Manager Deputy at the same institution since 2010, and Member of the Board of Directors of Arab Banking Corporation – Egypt since 2012. M. Hannachi holds a BA in International Relations from the University of Rome - La Sapienza, an MBA in International Business Administration from the University of Paris 1 - Sorbonne, and an MBA from ESCP Europe.

    ​​
     
    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 currently senior manager of Bank ABC Tunisia since August 2015.

    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. Akram Youssef Abdelkarim TINAWI
    Director since May 2016
    Mr. Akram Youssef Abdelkarim Tinawi is Chief Executive Officer and Managing Director of Bank ABC Egypt. He was Member of the Board of Directors of Bank ABC Tunisia between 2014 & 2016 and Member of the Executive Committee of the Union of Egyptian banks.
    Mr. Tinawi holds a BA in business administration from the American University in Cairo and held different executive positions in Barclays Bank in Egypt and North Africa, Citibank Group Egypt and Bank  of America – Egypt. 
    ​​
     
    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. Abdellatif BENKHELIL 
    Secretary of the Board of Directors

     ​Mr Abdellatif BENKHELIL 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.

    ​​
     

    MANAGEMENT​
    • Chief Executive Officer
      Mr. Nadir Idir
    • Deputy Chief Executive Officer & Chief Banking Officer
      Mr. Jawad SACRE

     
    Organizational Chart 
    Branches

    Branches List​

    contacts
    • 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
      Email: information@bank-abc.com 

    Latest News

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