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November 28, 2015 6:52 PM ET


Company Overview of Banque Al Baraka D'Algerie S.P.A.

Company Overview

Banque Al Baraka D'Algerie S.P.A. provides retail and commercial banking services in Algeria. The company offers islamic banking and financial services such as deposits, including Takaful, Umrah savings, and youth savings accounts; and loan products. It operates 20 branches. The company was incorporated in 1991 and is based in Ben Aknoun, Algeria. Banque Al Baraka D'Algerie S.P.A. operates as a subsidiary of Al Baraka Banking Group B.S.C.

Hai Bouteldja Houidef

Villa n1 et 3 Rocade Sud

Ben Aknoun,  16306


Founded in 1991


213 21 91 64 50


213 21 91 64 57

Key Executives for Banque Al Baraka D'Algerie S.P.A.

Chairman of the Board, Chief Executive of Al Baraka Banking Group and President of Al Baraka Banking Group
Compensation as of Fiscal Year 2015.

Banque Al Baraka D'Algerie S.P.A. Key Developments

Al Baraka Bank Algeria Reports Earnings Results for the Nine Months Ended September 2014

Al Baraka Bank Algeria reported earnings results for the nine months ended September 2014. The company reported that its net income for the first nine months of 2014 increased 3.7% to $38 million when compared with the same period a year ago. Total operating income was $66 million.

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