MIGA secures $241 million risk of BNP Paribas Algerian subsidiary 

MIGA secures $241 million risk of BNP Paribas Algerian subsidiary 

The guarantee will cover the environmental and social risks linked to the activities of BNP Paribas El Djazaïr’s individual and corporate clients. Headed by Pierre Bérégovoy, the bank claims 185,000 clients.

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            ▪ MIGA secures $241 million risk of BNP Paribas Algerian subsidiary 

▪ The guarantee will cover the environmental and social risks linked to the activities of BNP Paribas El Djazaïr’s individual and corporate clients. Headed by Pierre Bérégovoy, the bank claims 185,000 clients.

https://www.africabusinessplus.com/en/814793/miga-secures-241-million-risk-of-bnp-paribas-algerian-subsidiary/

In a rare intervention, the Multilateral Investment Guarantee Agency (MIGA), the multilateral guarantee agency of the World Bank, has elected to support the operation of BNP Paribas in Algeria.

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