Algeria's national saving bank extends delays for its customers

The national saving –bank Cnep decided to extend delays for people who contracted credits in order to buy lands dedicated to housing.

• The new measures decided by the bank enable the small investors to pay back their credit over a period of 30 years instead of 10.
• The Cnep extended its services to finance several projects other than real estates including credits on cars. The particularity of the credits in comparison to the other banks, is that this one gives extended advantages to its cliental including a larger flexibility concerning the payment deadlines that go over 30 years in some cases.