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MLA : un prêt pour renforcer le financement en crédit-bail en Algérie
MLA, a leasing company set up by Tunisie Leasing with support from Amen Group, offers leasing solutions in Algeria for material and equipment for a large number of economic sectors.
Client presentation
Maghreb Leasing Algérie (MLA Leasing) was set up in 2006 at the initiative of Tunisie Leasing, with support from its leading shareholder, the Tunisian group Amen. MLA offers leasing financing solutions for commercial and passenger vehicles, transport equipment for passengers and goods, building, public works and handling material, industrial, IT and office automation equipment and real estate.
Project description
By becoming a shareholder of MLA, Proparco is supporting the development of the company’s financing activities. It will also help the company comply with the Central Bank’s new regulatory equity requirements, which have been raised to 3.5bn Algerian dinars, i.e. approximately EUR 33m (against EUR 5m initially).
Project impact
By supporting a Tunisian initiative in Algeria, this project will promote the development of a more integrated North African financial sector. It will contribute to strengthening the local SME base, for which leasing is a simple and rapid financing solution.
11/12/2009
Date of signature of the project
Algeria
Location
Financing tool
1 851 152 Euros
Amount of funding
Equity investment of DZD 191,777,000
Financing details
MAGHREB LEASING ALGERIE
Client