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Algerian state bank BNA doubles its capital to $2.27 billion
8:47 CAT | 29 Apr 2025
FILE - A view of part of the port from a terrace in the old city of Algiers Al Casbah, Algeria October 25, 2015. [File photo: Zohra Bensemra/ Reuters]
Algerian state bank BNA said on Monday it had doubled its capital to $2.27 billion to enhance its capacity to finance the national economy.
Social capital was increased to 300 billion Algerian dinars from 150 billion dinars, representing a 100% increase.
The bank said in statement that this was part of its “strategy to strengthen its financial capabilities and support the financing of the national economy.”
Source: Reuters
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