ALC Launches Its Third Leasing Fund Worth 3 Billion Dinars
Aimed at Supporting Algerian SMEs and Professionals
On May 26, 2025, the Arab Leasing Corporation (ALC) announced the launch of its third leasing fund, with a total value of 3 billion Algerian dinars. This fund represents a continuation of the company’s development strategy to support small and medium-sized enterprises and finance productive projects across various sectors.
According to ALC’s press release, the new fund has been approved by the Commission for the Organization and Supervision of Stock Exchange Operations (COSOB). A total of 300,000 bonds will be issued, each with a nominal value of 10,000 dinars. The subscription period extends over 20 days and may be renewed. The bonds are distributed over five time tranches, ranging from one to five years, with an average interest rate of 5.65%.
Strategic Support for the National Economy
The company emphasized that this fund falls within its broader strategy to boost leasing activity in Algeria and support the national economy by financing institutions that form the backbone of the local economic fabric. It also contributes to diversifying market funding sources and improving the business and investment climate in the country.
The announcement event was attended by ALC General Manager Mr. Abdelhakim Djabari, along with senior company officials, media representatives, and experts from the financial and economic sectors.
Strong Partnerships and Diversified Shareholding Structure
ALC currently has a share capital of 6.5 billion dinars and serves over 3,800 clients across the country. Its shareholder structure is as follows:
- ABC Bank Algeria: 46.36%
- CNEP Bank: 31%
- TAIC: 18%
- Private Funds: 4.64%
Over 20 Years of Experience
Founded in 2001, ALC is one of Algeria’s leading financial institutions specializing in leasing services. It offers a full range of leasing solutions, including equipment, transportation, commercial real estate, and specialized business tools.
ALC operates on a tripartite financing model involving the supplier, the client institution, and the company, offering customized solutions and repayment terms ranging from 18 to 84 months to support productive investment and efficient liquidity management.
At the conclusion of the press release, General Manager Abdelhakim Djabari stated:
“This loan represents a decisive step in our growth strategy. It strengthens our financial resilience and reaffirms our pivotal role in supporting Algerian institutions.”
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