Banque Algérienne du Commerce Extérieur

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Banque Algérienne du Commerce Extérieur SA
Country SwitzerlandSwitzerland Switzerland
Seat Zurich
legal form Corporation
IID 8346
BIC AEXTCHZZXXX
founding 1981
Website www.bace.ch
Business data 2011
Total assets 388.3 million CHF
Employee 11
management
Board of Directors Hadji Babaammi (President)
Corporate management

Seghir Benbouzid ( General Director )

The Banque du Commerce Extérieur Algérienne SA (BACE), Algerian Foreign Trade Bank AG, is a specialist trade finance Swiss foreign bank . The core activity of BACE is the letter of credit business between European countries and Algeria .

The bank, organized in the legal form of a Swiss stock corporation , was founded in 1981 and is based in Zurich . According to its own information, it is the most important correspondent bank in Europe for foreign activities of international companies and banks with Algerian economic subjects.

The Banque Algérienne du Commerce Extérieur is 50 percent owned by the Banque Nationale d'Algérie (BNA) and the Fonds National d'Investissement.

Web links

Individual evidence

  1. a b Entry in the bank master of Swiss Interbank Clearing
  2. Annual Report 2011 (F / E) (PDF file; 1.84 MB)
  3. Entry of "Banque Algérienne du Commerce Extérieur SA" in the commercial register of the Canton of Zurich ( Memento of July 11, 2011 in the Internet Archive )

Coordinates: 47 ° 22 '18.9 "  N , 8 ° 32' 5.9"  E ; CH1903:  682805  /  247363