23 Hrs
Source:
الجمهورية
Algerian People's Bank Offers Up to 90% Bus Funding
Algerian Public Bank announced the availability of financing covering up to 90 percent for purchasing new mass transit buses, as part of a government program aimed at helping the transportation sector renew its fleet, with some vehicles being over 25 years old. The funding is available to natural and legal persons authorized in the sector, with repayment over 10 years, including a six-month grace period, and an interest rate of 5.5 percent excluding fees. A personal contribution of at least 10 percent is required. The bank urges professionals to contact its branches to benefit from this financing and to submit the necessary documents through its website.
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