Banking and finance in Algeria

Bourabiat Associés

Bourabiat Associés assists banks, funds and sponsors with a wide range of transactions, including acquisitions, project finance and bond issuances. The practice, which is led by Foued Bourabiat, also specialises in Islamic finance transactions and OHADA law. Advising Arab Petroleum Investments Corporation (APICORP) on the completion of a shari'ah-compliant financing facility for Oil Recovery Services SAL was a key highlight. BNP Paribas and International Finance Corporation (IFC) are other notable clients.

Ghellal & Mekerba

Ghellal & Mekerba has long track record assisting international banks and financial institutions with project financing, including in relation to infrastructure, energy and telecoms. Practice head Amine Ghellal has a strong reputation in investment, corporate, financing, exchange control, tax and customs law. Maya Ghellal and Nabila Benouniche are other names to note.


LPA-CGR’s client portfolio includes financial institutions, banks, multilateral development agencies and governments. Alain Gauvin joined Asafo & Co in late 2019.

Bennani & Associés LLP

Bennani & Associés LLP advises major banks on restructuring transactions, issuances of securities and regulatory matters. The practice is led by Mourad Seghir, while senior associate Mohamed Debbouche, who specialises in exchange control regulation, is another name to note. The firm's clients include Australia and New Zealand Bank (ANZ), Sinosure and UniCredit.


At CMS, practice head Samir Sayah is a renowned expert in Algerian tax and business law, advising clients on the financial aspects of major transactions across the manufacturing, energy, health, food and beverage, distribution and telecoms sectors.

Hamza Law Office

Hamza Law Office advises clients in the banking, energy and engineering sectors on project finance and related borrowing and lending transactions. Mustapha Hamza is the name to note.

Aidoud Law Firm

Aidoud Law Firm assists individual and corporate clients with banking and finance matters in the context of both Algerian and international business law. The practice is headed by Mamoun Aidoud.

Bouchaib Law Firm

Bouchaib Law Firm handles both day-to-day advisory matters as well as contentious issues related to banking, project finance and capital markets transactions. Adnane Bouchaib is the key contact.