Algerian Bank of Senegal
in Senegal 🇸🇳
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About Algerian Bank of Senegal in Senegal
Algerian Bank of Senegal (ABS) is a commercial bank operating in Senegal, established as part of Algeria's strategic expansion into the African banking market. The bank is owned by a consortium of four major Algerian state-owned banks and represents the first 100% Algerian public bank to receive approval to operate abroad.
With a substantial share capital of USD 100 million, ABS focuses on serving individuals, small and medium enterprises (SMEs), and corporate clients. The bank emphasizes financial inclusion and aims to support both Senegalese businesses and Algerian exporters operating in the region.