BEA (Arabic ：بنك الجزائر الخارجي） is an Algerian state-owned bank. It was founded in 1967 and is headquartered in Bir Mourad Rais, Algeria

History

BEA was established on October 1, 1967 (under Decree No. 67-204) as a state company

In 1970, all banking operations carried out by the most important state company in Algeria with foreign countries were entrusted to BEA.

In 1989, the bank transformed its status into a joint-stock company while maintaining the same original purpose.

In 2008, Algeria's external bank was ranked first among Maghreb banks and sixth among 200 African banks by African Youth magazine

In 2011, BEA opened its first self-service branch in Algeria with a share capital of 76 billion dinars.

Saïd Kessasra was appointed CEO of BEA in June 2016. He replaced Mohamed Loukal in this position.

In January 2017, Saïd Kessasra was sacked and replaced on an interim basis by B. Semid, General Manager of BEA Credit

In February 2017, management announced that it would open a branch in France by the end of 2017

In 2019, BEA increased its share capital from 150 billion DA to 230 billion DA. This capital increase is part of an international development strategy

structure

In 2022, BEA has a network of 106 branches (including two exchange offices) as well as 11 regional bureaus within Algeria