Crédit Populaire d’Algérie (CPA) is a universal bank established by Ordinance No. 66-366 dated December 29, 1966. It was officially licensed as a bank by the Bank of Algeria (BA) under Decision No. 07-02 dated April 6, 1997.

Operating within a highly regulated banking sector under the supervision of the BA, CPA is a financial institution with a share capital of 200 billion Algerian Dinars. It is recognized for its expertise in supporting economic operators through a wide commercial network comprising 161 branches, 20 digital spaces, and 98 Islamic finance counters across the national territory.

The bank also benefits from a highly qualified workforce, with 74% of its staff holding university-level degrees. Since its inception, CPA has built substantial institutional experience and developed a sector-diversified portfolio of commitments, covering industries such as manufacturing, hospitality and tourism, services, construction and public works (BTPH), trade, and healthcare.

In March 2024, having met the eligibility criteria set by the General Regulations of the Algiers Stock Exchange, CPA’s equity securities were officially listed through a fixed-price public offering on March 21, 2024. Trading of CPA shares began on Tuesday, March 26, 2024, with an initial offering price of 2,300 DA per share.

Chief Executive Officer

Ali Kadri

Company Name: CPA (Crédit Populaire d’Algérie)

Share Capital: 200,000,000,000 Algerian Dinars, divided into 200,000,000 shares with a nominal value of 1,000 DA each

Shares Offered: 48,958,634 shares, representing 24.48% of the share capital

Offering Price: 2,300 DA per share

Offering Period: From January 30 to March 14, 2024

Financial Intermediaries
Lead Arranger (IOB): CPA

Placement Syndicate Members Authorized to Collect Purchase Orders : BNA, BEA, BADR, BDL, CNEP Banque, CPA, Société Général Algérie, Tell Markets

02, Boulevard Colonel Amirouche-Alger

Tel :+213  021 60 12 65

Fax: +213 021 60 44 33

Email: dgvm@cpa-bank.dz