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5 public banks to finance justice 3 – New Algeria

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revealed Ministry of HousingToday, Monday, the signing of an important financial agreement with… National Housing Bank And a number of public banks, namely the Bank of Agriculture and Rural Development (CNEP), the National Bank of Algeria (BNA), the External Bank of Algeria (BEA), the Arab Algerian Bank for Rural Development (BADR), the Local Development Bank (CPA), and the Development and Logistics Bank (BDL). To finance aFor residential projects In the form of justice 3.

Where the agreement aims to warm upt financial resources necessary to finance housing projects in the “Amendment 3” formula, which includes the first part of the program, which includes 200,000 housing units whose completion is scheduled to begin during the year 2025.

Not far from that, the same authorities have clarified that the financing will cover 62% of the housing value, while the remaining 38% will be paid by Beneficiaries On five Paymentsin accordance with Executive Decree No. 24-203 of June 25, 2024, amending and supplementing Executive Decree No. 01-105 of 2001. This decree specifies theTerms and conditions Concerning the purchase of housing through the rental sale system.

#public #banks #finance #justice #Algeria




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