First Gulf bank seeks licence in Algeria

ABU DHABI — A high level delegation of First Gulf Bank (FGB) has met Algerian government officials in Algiers last Thursday to discuss bank 's application for a licence to operate in the country.

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Published: Sun 21 Oct 2007, 9:07 AM

Last updated: Sat 4 Apr 2015, 11:29 PM

The licence would represent the bank's second milestone in entering Northern Africa following last month's announcement of an MoU with the Economic & Social Development Fund (ESDF) Libya to open a fully fledged commercial bank in Tripoli.

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