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ALC

Type : Titre Créance
Presentation

Arab Leasing Corporation (ALC) is the first private leasing institution in Algeria, founded in 2001. As a specialized financial institution, ALC distinguished itself by becoming the first entity to issue corporate bonds on the Algerian market.

The recourse to the bond market is part of a strategic approach approved by a resolution of ALC’s Board of Directors, aimed at diversifying its sources of financing to support its development plan. The Ordinary General Assembly, held on April 17, 2024, authorized the issuance of a bond loan in the amount of five billion Algerian dinars (DZD 5,000,000,000) intended to finance leasing activities, while granting authority to the Board of Directors to implement this resolution.
Specifications

Company Name: Arab Leasing Corporation “ALC” Spa
Date of Establishment: December 4, 2001
Share Capital: 6,500,003,664.00 Algerian dinars divided into 436,359 shares
Head Office: Cité Bois des Cars 3, Dély Ibrahim, 16320, Algiers, Algeria
Business Activity:
Its main objective is to support the country’s economic development by offering innovative financing solutions to businesses. It notably provides leasing services for the acquisition of equipment, vehicles, and other assets.
Geographic Presence: 5 wilayas: ALGIERS, ORAN, ANNABA, SETIF, OUARGLA
Web site https://arableasing.dz/
Contact

Bondholder Information: