Algeria
Short-term Business
There are no formal restrictions on cover.
Medium/long-term Business
There are no formal restrictions on cover.
Collateral
As a rule, bank security is required for medium/long-term transactions.
The assessment of a bank for acceptance as a guarantor or borrower is carried out case by case on the basis of informative documents and taking into account the risk involved.
Further Information
Country information on commercial practices, business climate, market analyses, law, import procedures, customs duties and international projects and tenders can be found on the website of Germany Trade & Invest (gtai, https://www.gtai.de).
The most important GTAI country information on Africa can be found at a glance on the Africa Business Guide (German version, www.africa-business-guide.de).
You can find more detailed information on the G20 initiative „Compact with Africa“ (www.compactwithafrica.org).
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