British bank HSBC wants to promote the Algerian investment destination.

A delegation from the bank also held discussions with the head of the new Algerian investment promotion agency (AAPI), which replaces ANDI.

HSBC officials said their group’s strategy places the Algerian market high “because of the potential it offers in terms of profitability.”

The new provisions paving the way for a better attractiveness of investments in Algeria seem to interest the bank’s managers. HSBC promises to promote Algeria throughout its network.

With a somewhat discreet presence in Algeria, this bank, which is one of the largest in the world, was particularly interested in the hydrocarbon sector.

Source : https://algeriainvest.com/news/la-banque-britannique-hsbc-veut-faire-la-promotion-de-la-destination-algerie-pour-les-investissements