annual report 2005 - Arab Banking Corporation, ALGERIA

The Credit division completed its reorganisation in 2005 that resulted in a more efficient and
reliable method for the credit files processing.
Loans portfolio (direct) knew an increase of almost 26% as for indirect commitments they increase
by 46% -as compared to 2004 -which made an average growth on total portfolio of 37% for 2005.
Maturity profil of total loans
45 000
40 000
35 000
30 000
25 000
20 000
15 000
10 000
5 000
-
Short Term
Long Term
2004
2005
The portfolio distribution by business sectors was as follow:
72% Industrial; 20% Telecommunication & trading & the remaining for energy; construction &
financial institutions.
The Bank has also been active in the big size tickets that were subject to syndicated loans to which
ABCA participated with local banks.
Products offering still include the traditional featured products whereas the new clearing system &
the RTGS payment system will enable ABCA to offer new products & acquire new customers.
Traditional products and services include letters of credit, guarantees, commercial and individuals’
financial influx.
The volume of LC’s increased of 74% & for Documentary Collection 16% and for the transfers the
increase was for 171% & for the remittances the increase was for 297%.
The LC’s entrusted to the units of the ABC Group represented 82% of the total volume.