|
|
|
 | Network | |
 |
|
|
Algeria
|
 | |
|
Crédit Lyonnais and Crédit Agricole Indosuez have operated in Algeria since 1989 and 2002 respectively, and have acquired in-depth knowledge of the local business environment. Both entities, through their representative offices, have developed close relations with financial institutions, the Algerian subsidiaries of existing customers and private and public-sector import companies. These strengths are now enabling Calyon Algeria to provide effective support to its customers in the Algerian market.
In may 2007, Calyon Algeria received the agreement to operate as an Algerian bank, and is opening the local market to their clients doing business with or investing in Algeria.
|
| |
|
|
|
Financing
 | Structured finance | [Financing] |
The aim of Calyon's unit in Algeria is to promote and help implement the services offered by the Group:
Trade Finance- local or international bonds and guarantees,
- Opening, modification and payment of documentary credits
- purchase of commercial receivables with or without recourse
Export Finance- Coface and multi-source buyer credit in DZ
- local part in DZD fot international structured financing
| International Support to Middle Market Clients Network | [Financing] |
The offices of Crédit Agricole's International Support to Middle market clients network (ISM) assist Crédit Agricole's mid-cap corporate customers in their international operations, by providing a thorough knowledge of the local environment as well as by securing access to a wide spectrum of banking services abroad.
|
|
|  |