A partnership agreement was signed today, March 18, 2024, between the National Bank of Algeria and Taher Auto, distributor of the FIAT and OPEL brands in Algeria.
This partnership agreement concluded with Taher Auto, an Algerian company operating in the marketing of new rolling stock (vehicles) as an authorized agent, falls within the framework of marketing FIAT and OPEL brand products via the Bank’s Islamic financing under the formulas Ijara Equipements, Mourabaha Investissement, and Mourabaha Automobile. This action also falls within the framework of the Bank’s strategy aimed at the development of Islamic Finance activity and its client portfolio.
