annual report 2005 - Arab Banking Corporation, ALGERIA
annual report 2005 - Arab Banking Corporation, ALGERIA
annual report 2005 - Arab Banking Corporation, ALGERIA
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The income recorded by Treasury division in <strong>2005</strong> knew an increase of more than 174% compared<br />
to 2004. Both deposits sight & terms knew respectively an increase of 34% and 37% in <strong>2005</strong><br />
compared to 2004. The number of accounts had increased of almost 10%.<br />
K USD Assets Evolution<br />
400 000<br />
350 000<br />
300 000<br />
250 000<br />
200 000<br />
150 000<br />
100 000<br />
50 000<br />
-<br />
Total Actif Placements Engagements Dépôts Fonds Propres<br />
2004<br />
<strong>2005</strong><br />
The year <strong>2005</strong> was also devoted to intensive training programs whether internally or externally and<br />
in various subjects ranging from Money laundering, Control, <strong>Banking</strong> operations, Credit , Retail<br />
etc. All staff had assisted to at least one training session in the year.<br />
Recruitments took place in preparation for the retail branches opening and in some key new<br />
positions.<br />
The year <strong>2005</strong> could be summarized by the strong will of the bank to be in line with Group<br />
objectives, and the deployment of efforts focused on further diversifying the product base and<br />
increasing sources of fee income as the primary routes to earnings maintenance.
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