Algiers – The National Bank of Algeria (BNA) and the Credit Guarantee Fund for Small and Medium Enterprises (SMEs) signed two significant agreements today, Wednesday, January 14, 2026, aimed at strengthening funding mechanisms for SMEs and facilitating their access to bank loans.
The agreements focus on guaranteeing working capital loans within the framework of conventional banking, as well as guaranteeing working capital financing directed towards Islamic banking. This will broaden the scope of beneficiaries and support various financing formulas adopted in the national banking system.
The signing ceremony took place at the BNA headquarters in Bir Khadem, under the supervision of the General Manager of the BNA, Samir Tamrabet, and the General Manager of the Credit Guarantee Fund, El Hadi Tamam. This move reflects the two institutions’ commitment to strengthening cooperation and supporting the national economic fabric.
These agreements aim to facilitate SMEs’ access to sources of financing and reduce the risks associated with bank loans. This will contribute to supporting investment, improving liquidity, and enhancing the sustainability and growth of these enterprises, which are a key pillar of economic development and job creation.
This endeavor is part of ongoing efforts to develop financing tools, diversify banking offers, and support economic operators, in line with national trends aimed at supporting economic initiative and promoting the role of SMEs in the national economy. The partnership will hopefully unlock new opportunities for growth within the SME sector.
