Algiers Post records high withdrawals

Ratings show Tunis Re has increased its strength over the last five years. File photo
Ratings show Tunis Re has increased its strength over the last five years. - File photo
0Comments

The Algiers Post stated that its customers have withdrawn more than 100 billion dirhams in less than a week.

The cause of the large withdrawal is thought to be the Eid al-Adha and school fees for locals.

Withdrawals peaked Aug. 26 in more than 20 billion dinars, before falling to 11 billion dinars on Aug. 29 and then again climbing to 9 billion dinars on Sept. 4.

The high demand has been hard to manage, but the corporation is seeking to bring about the best service to its customers even in times of great pressure such as this time.



Leave a Reply

Your email address will not be published. Required fields are marked *

Related

Masoud Suleiman Musa Chairman of the Board of Directors National Oil Corporation

National Oil Corporation ensures smooth operations across all sites

The National Oil Corporation (NOC) has confirmed that all technical and operational activities at its oil fields and ports are functioning normally and safely.

SONATRACH: SONATRACH: an investment program of 40 billion dollars over five years

SONATRACH: SONATRACH: an investment program of 40 billion dollars over five years

The national hydrocarbons company, SONATRACH, intends to implement an investment plan of 40 billion dollars over five (05) years, of which 51% in Dinars, in particular through the start of production and the ramp-up of several deposits, SONATRACH CEO Toufik Hakkar said Thursday in a New Year message.

NATIONAL OIL CORPORATION: National Oil Corporation acquires Norwegian Yara’s 50% stake in Libyan-Norwegian For fertilizers company

NATIONAL OIL CORPORATION: National Oil Corporation acquires Norwegian Yara’s 50% stake in Libyan-Norwegian For fertilizers company

National Oil Corporation acquires Norwegian Yara’s 50% stake in Libyan-Norwegian For fertilizers company “With the grace of god whom we thank, on Thursday 31/12/2020, the National Oil Corporation acquired the 50% participation of Yara, the Norwegian company.

Trending

The Weekly Newsletter

Sign-up for the Weekly Newsletter from Maghreb News Wire.