Al-Salam Bank offers interest-free loans to lawyers to buy cars and furnish offices

The Algerian Salam Bank signed a general agreement with the National Federation of Algerian Lawyers’ Organizations, in conjunction with the announcement of the “Lispro” product, to finance the activities of lawyers, including renting or acquiring an office for the activity of a lawyer.

In the same context, and during the signing of the agreement, the head of the Bar Association, Ibrahim Tairi, confirmed that this agreement aims to help young people who enter the legal profession and launch their own projects, in order to rent their own offices and practice their activities.

Tairi explained that Al-Salam Bank facilitated the task for lawyers by simplifying all arrangements, supporting them up to 90 percent, and furnishing their own offices, as well as car financing in the professional activity, paid in installments for a period of 5 years, and the financing ceiling according to the financial statements, with a profit margin of up to 11 percent without benefit .

For his part, Nasser Haidar, General Manager of Al Salam Bank Algeria, confirmed that the doors of his bank are open to all lawyers, in order to serve them and cooperate with them and meet all their needs, in order to enable the lurking from the beginning of their professional career.

It is noteworthy that Haidar Nasser, General Manager of Al-Salam Bank, and the National Union of Algerian Lawyers, represented by President Captain Tairi Ibrahim, signed an agreement regarding granting interest-free loans to lawyers.

The agreement provides for financing the activities of lawyers, whether it is related to renting or acquiring an office for the activity of a lawyer, provided that the financing period reaches up to 20 years and without usurious interest. The acquisition of cars for lawyers will also be financed by installments, while the bank also enables those working in the legal profession to furnish offices for a period of 5 years. launch their own projects.