Who are we?
HISTORY
Created in 1975 in the heart of Paris, Banque Intercontinentale Arabe changed its name in 2005 to
Banque BIA.
Since the outset, Banque BIA’s objective has been to strengthen and develop economic and financial relations between France and the Arab countries and, initially, in the 80s, it specialised in financing commercial flows between France and Algeria and Libya.
The year 2000 saw the launch of a new commercial strategy extended to the whole of the Mediterranean region and Sub-Saharan Africa.
As a result, Banque BIA has become a leading bank in France and Europe for the development of commercial relations between the two shores of the Mediterranean.
The new strategy implemented is a three-pronged “Customer-Efficiency- Mediterranean” strategy:
1. as a company, Banque BIA’s aim is to win new customers, establish their loyalty, create partnerships and encourage its teams to work towards the objectives of a customer-oriented strategy;
2. as a bank and regulated establishment for the creation of value, it attends to guarantee the quality, responsiveness, security and efficiency of its operations in accordance with the regulations;
3. as a leading Libyan and Algerian bank in France and Europe, Banque BIA constantly endeavours to maintain a level of quality of service that bears comparison with the competition. It offers its customers the advantage of knowledge of the markets and the environment of the southern shores of the Mediterranean.
SHAREHOLDERS
The capital of 158,100,000 euros is held in equal shares by the state banks of Algeria and Libya, the
Banque Exterieure d’Algerie and
Libyan Foreign Bank. They are both leading banks in their respective countries and have considerable financial means, being in particular responsible for hydrocarbon transactions with importing countries (North America, Europe, Asia).
They manage financial relations with the OECD zone on behalf of the big companies of these countries. They are therefore particularly concerned with their reputation and the brand image of their subsidiaries, especially their French subsidiary, Banque BIA.
ORGANES DE CONTROLE ET DE DIRECTION
Shareholders
Banque Exterieure d'Algerie |
50 % |
Libyan Foreign Bank |
50 % |
|
|
Board of Directors |
|
Lazhar Latreche |
Chairman |
Megrad Mohamed |
Director |
Banque Exterieure d'Algerie |
Representee par Zinne Eddine Bouzit, Director |
Libyan Foreign Bank |
Director |
|
|
Senior Management |
|
Mohamed Younsi |
General Manager |
Mustafa Ben Khalifa |
Deputy General Manager |
Statutory auditors |
|
Artex Audit Associes |
|
Baker Tilly Sofideec |
|
|
|
Risk Committee |
|
Mohamed Megrad |
Chairman |
Naji Mohamed Issa Belgasem |
Vice Chairman |
Internal Audit |
|
Najib Tabti |
|
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