PROJECT

Projects

Summary of Proposed Investment

Project Number

25356

Company Name

MAGHREB LEASING ALGERIE SPA

Date SPI Disclosed

Sep 29, 2006

Country

Algeria

Industry

Financial Markets

Projected Board Date

Oct 30, 2006

Status

Completed

Sector

Leasing Services

Department

Regional Industry - FIG Africa

Environmental Category

FI

Previous Events

Approved : Apr 17, 2007
Signed : Apr 19, 2007
Invested : Mar 19, 2008

Project Description

Maghreb Leasing Algerie (MLA) is a greenfield leasing company which was set-up in January 2006 and is the second private sector leasing company in Algeria. MLA will offer medium term lease finance mainly to small and medium enterprises (SMEs) in various sectors, including construction, and transport.

Sponsor / Cost / Location

Development Impact