Essalam Bank to finance housing projects in Algeria

The Vice – President of the Executive Board of “ Essalam Bank- Algeria” Hocine Mohammed Al Meiza has indicated that Algeria is magnet in the region of the Maghreb and North Africa for the Emirates’ investments, adding that Essalm Bank Algeria has raised its asset from $ 40 millions to $ 140 millions to face up to the expansion plan slated for the beginning of 2011.