Crédit Populaire d’Algérie

What Crédit Populaire d’Algérie does

Crédit Populaire d'Algérie (CPA) is a state-owned, publicly traded Algerian universal bank headquartered in Algiers and listed on the Algerian stock exchange under the ticker CPA (closing price 2,300 DZD; +4.83% intraday variation as disclosed on the bank's homepage). The bank distributes its products and services through the largest documented branch network in Algeria: 168 commercial branches, 110 Islamic finance service points, 15 group operations offices, 22 digital self-service spaces, and 3 dedicated Islamic finance branches, supported by digital channels including an e-Banking web platform, Mobile CPA smartphone application (available on the Apple App Store and Google Play), E-CP@ online payment service, EDI for B2B data interchange, and Wimpay contactless mobile payments.

CPA's product portfolio is organized across seven integrated pillars: (i) retail banking including real estate loans (LPA subsidized, LPP public, private-to-private, construction, renovation), consumer credit (C'PLUS AUTO up to 90% / 3,000,000 DZD, C'PLUS CONSO) and savings/investment instruments (housing savings, BDC cash vouchers, DAT term deposits); (ii) professional banking with a tailored suite (Easy MED for healthcare up to 75,000,000 DZD, Easy PRO for liberal professions up to 30,000,000 DZD, Easy LOCAL for premises acquisition, Easy DEV for working capital 200,000–2,500,000 DZD); (iii) enterprise banking with EDI, commercial cards, and merchant solutions; (iv) agricultural finance (CPA تبريد for cold storage 300–5,000 m³, CPA غلة for seasonal campaigns, agricultural investment loans up to 15 years with interest subsidized to 0% for 6–8 years); (v) Sharia-compliant Islamic finance with Mourabaha, Ijara, and Idikhari non-remunerated savings, certified by CPA's Sharia Committee; (vi) a card portfolio (CIB Classic/Gold, VISA Classic/Gold, Mastercard Platinum, Corporate+ and Cpay+ BNPL); and (vii) bancassurance distributed via partnerships with CAARAMA and CAAR (personal and damage insurance products MOUSSAFER, MOUKTARIDH, CATNAT, MRH, HAYATI).

The revenue model mixes net interest income (subsidized retail, professional, agricultural, and housing lending), transaction fees and commissions (e-banking, cards, transfers), and bancassurance commissions. Customer acquisition is sales-led through the branch network, complemented by self-service digital channels. Government partnerships — with the Ministry of Agriculture and Rural Development, the General Treasury, and FGA-CGCI for subsidized interest and guarantees — are central to the lending proposition, particularly for housing and agricultural credit. Operating status is active, with shareholder engagement through AGEO AGEX 2026 and continued product expansion into merchant acquiring (TPE, Web Marchand, CPAzonepay) and mobile payments (Wimpay, Cpay+).

Name

Crédit Populaire d’Algérie

Legal name

Crédit Populaire d'Algérie

Website

https://cpa-bank.dz

Company type

Public

Founded year

1966

Operating status

Operating

Headcount range

1,001–5,000 employees

Short description

Crédit Populaire d'Algérie is a state-owned Algerian universal bank serving retail, professional, enterprise, agricultural, and Islamic finance customers across Algeria through 168 commercial branches, 110 Islamic finance service points, and digital channels. It offers subsidized housing and agricultural loans, professional credit, cards, payments, and bancassurance in partnership with government entities and insurers.

Ownership category

akta.pro rank

Product category

Retail Banking

NAICS

Commercial Banking (522110)

SIC

State Commercial Banks (6022)

akta.pro primary industry

Islamic Retail Banking (FSABAGAA)

akta.pro secondary industries

Shariah-compliant Financing Products (Murabaha, Ijara, Tawarruq, Istisna, Salam) (FSABAGAH), Islamic Corporate Banking (FSABAGAC)

Keywords

• Retail banking
• Islamic finance
• Agricultural financing
• Real estate lending
• Digital banking

Headquarters

HQ city

Algiers

HQ country

Algeria

HQ region

Africa

Offices1 record

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Personnel, Operations, Infrastructure, Technology or R&D, Marketing or Sales

Revenue model

1. Interest Income: Traditional banking interest revenue from lending activities including real estate loans, consumer loans, professional investment loans (Easy MED, Easy PRO, Easy LOCAL, Easy DEV), agricultural financing, and Islamic finance products.
2. Fee and Commission Income: Transaction fees, account management fees, loan processing fees, commissions on guarantees and insurance products, e-banking subscription fees, and card transaction commissions.
3. Bancassurance Revenue: Insurance product distribution through partnerships with CAARAMA and CAAR, including personal insurance (MOUSSAFER travel, MOUKTARIDH death, SIHATI, HAYATI accident) and damages insurance (CATNAT, MRH).

Pricing tiers

Go-to-market motion1 record

Distribution channels5 records

Marketing channels6 records

Core offering

Crédit Populaire d'Algérie (CPA) is a state-owned universal bank offering retail, professional, corporate, and agricultural banking services. Its core offerings span conventional and Sharia-compliant (Islamic) finance, including real estate and consumer credit, professional and agricultural investment loans, savings and investment products, bancassurance, payment cards (CIB, VISA, Mastercard), and digital banking channels (e-Banking, Mobile CPA, Wimpay, E-CP@).

Product overview

Crédit Populaire d'Algérie (CPA) is a universal bank offering a comprehensive range of banking products and services through multiple channels. The product portfolio is organized into several integrated pillars: (1) Retail Banking covering real estate loans (including LPA, LPP, construction, renovation programs), consumer credit (C'PLUS AUTO, C'PLUS CONSO), and savings/investment products; (2) Professional & Business Banking with specialized credit solutions (Easy DEV, Easy MED, Easy PRO, Easy LOCAL) targeting healthcare professionals, liberal occupations, and merchants; (3) Digital Banking via e-Banking and Mobile CPA apps enabling 24/7 account access and transfers; (4) Payment Solutions including E-CP@ online payments, Wimpay mobile payments, EDI, and comprehensive card portfolio (CIB, VISA, Mastercard); (5) Bancassurance through partners CAARAMA and CAAR; (6) Agricultural Financing (CPA تبريد, CPA غلة, Agricultural Investment) with subsidized rates; and (7) Islamic Finance with Sharia-compliant current accounts, investment accounts, Ijara, and Mourabaha products. The bank operates 168 commercial branches and 110 Islamic finance branches across Algeria.

Differentiator

Problem solved

Functional benefit

Brands

• Cpay+: Buy now, pay later (BNPL) domestic card service enabling flexible monthly payments.
• Wimpay
• Idikhari
• E-CP@
• CPAzonepay
• Easy MED
• Easy PRO
• Easy LOCAL
• Easy DEV
• CPA استثمار فلاحي (CPA Agricultural Investment)
• CPA غلة
• CPA تبريد

Products and services

• Real Estate Loans Real estate financing solutions for purchasing new homes, off-plan properties, construction, renovation, and subsidized housing programs (LPA, LPP) for Algerian residents and non-residents, with terms up to 40 years and financing up to 90-100% of property value.
• C'PLUS AUTO Vehicle Loan Consumer vehicle loan for purchasing new passenger vehicles produced or assembled in Algeria, financing up to 90% of vehicle price within a 3,000,000 DZD limit, with monthly billing.
• C'PLUS CONSO Consumer Credit Consumer credit product for personal financing needs of individual banking customers.
• Savings Products Bank savings and housing savings accounts for personal deposit and savings management.
• Investment Products Investment instruments including cash vouchers (BDC) in bearer or nominative form and term deposits (DAT).
• Safe Deposit Box Secure safe deposit box rental service for storing valuable items and important documents at bank branches.
• e-Banking Internet Banking Service Internet-based remote banking service allowing customers to consult accounts, track operations in real time, and execute single and multiple remote transfers via internet 24/7.
• Mobile CPA Mobile Banking Application Mobile banking application for smartphones and tablets enabling 24/7 account access, domestic transfers up to 1 million DZD, chequebook ordering, RIB reception, branch locator, balance monitoring, and currency conversion.
• Easy DEV Professional Working Capital Credit Short-term overdraft credit facility for professionals (healthcare, liberal professions, merchants) covering operating needs, training costs up to 500,000 DZD, and rental costs up to 3,000,000 DZD, with amounts from 200,000 to 2,500,000 DZD.
• Easy MED Healthcare Professional Loan Professional investment loan for healthcare professionals (doctors, pharmacists, dentists, veterinarians) for equipment, premises, renovation, and combined purchases up to 75,000,000 DZD.
• Easy LOCAL Commercial Premises Loan Medium to long-term loan for acquiring commercial premises from real estate developers, covering up to 80% of purchase price within 30,000,000 DZD limit, terms 3-10 years.
• Easy PRO Liberal Professional Loan Investment loan for liberal professionals (accountants, lawyers, notaries, architects) for equipment, premises purchase, renovation, and combined purchases up to 30,000,000 DZD.
• CPA Tabrid (Cold Storage Financing) Agricultural financing for constructing cold storage and refrigeration facilities (300-5,000 m³) for agricultural producers, covering up to 90% of project cost within 150 million DZD.
• CPA Ghala (Agricultural Campaign Loan) Short-term agricultural campaign loan for financing farming operations and seasonal working capital needs, with 100% subsidized rate of 6% per year (excl. tax) by the Ministry of Agriculture, terms 9-18 months.
• CPA Agricultural Investment Loan (استثمار فلاحي) Long-term agricultural investment loan for creating, modernizing, or expanding farms and agri-food infrastructure, with subsidized interest rate of 5.50% per year (excl. tax), up to 90% of project cost, individual max 100M DZD, federative max 200M DZD, terms up to 15 years.
• Bancassurance Products Bancassurance products distributed through CPA branches under partnerships with CAARAMA and CAAR, including personal insurance (MOUSSAFER travel, MOUKTARIDH death, SIHATI health, HAYATI accident) and damages insurance (CATNAT natural disaster, MRH multirisks home).
• E-CP@ Online Payment Service Online payment service linked to CPA CIB cards enabling secure transactions on Algerian merchant websites with One-Time Password (OTP) authentication.
• EDI (Electronic Data Interchange) Electronic data interchange service for business customers enabling automated commercial data exchange and corporate banking operations.
• Wimpay Mobile Payment Application Mobile payment application enabling contactless transactions and secure digital payments via smartphone without physical card interaction.
• CPA Payment Cards Range of payment cards including domestic cards (CIB Classic, CIB Gold, Corporate, Corporate+, Cpaye+) and international cards (VISA Classic, VISA Gold, Mastercard Platinum) with contactless functionality.
• Islamic Finance Services Sharia-compliant banking services certified by the CPA Sharia Committee, including current accounts, investment accounts, Ijara (leasing), Mourabaha (cost-plus financing) for equipment, vehicles, and homes, and Idikhari non-remunerated savings, for individuals, professionals, and businesses.
• Cpaye+ Buy Now Pay Later Card Buy now, pay later (BNPL) domestic card service enabling flexible monthly payments for retail purchases.

Quantifiable outcome

• Agricultural investment loan interest rate subsidized to 0% for first 6-8 years depending on region
• +2 more outcomes

Segments6 records

Ideal customer profiles6 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Partnerships

Six partnerships are on record, tiered core and minor.

• CAARAMA (Compagnie Africaine d'Assurances et de Réassurances des Risques Divers)coreStrategic or Co-development PartnerInsurance partner providing personal and damages insurance products distributed through CPA branches under bancassurance model. Offers travel insurance (MOUSSAFER), death insurance (MOUKTARIDH), accident insurance (HAYATI), and multi-risk home insurance (MRH).
• CAAR (Compagnie Africaine d'Assurances et de Réassurances)coreStrategic or Co-development PartnerInsurance partner providing personal and damages insurance products distributed through CPA branches under bancassurance model. Offers natural disaster insurance (CATNAT), multi-risk professional insurance, and livestock insurance.
• Ministry of Agriculture and Rural Development (Ministère de l'Agriculture et du Développement Rural)coreOthersGovernment ministry providing interest rate subsidies for agricultural loans. Subsidizes CPA agricultural investment loans and agricultural campaign loans at preferential rates (0% for first years, 5.50% standard rate). Validates agricultural projects for subsidized financing eligibility.
• General Treasury (Direction Générale du Trésor)coreOthersGovernment treasury providing partial interest rate subsidies for agricultural loans, complementing Ministry of Agriculture subsidies.
• FGA-CGCI (Fonds de Garantie Agricole - Crédit Garantic Convensionnel des Investissements)minorOthersAgricultural Guarantee Fund providing investment loan guarantees for agricultural sector borrowers, reducing credit risk for CPA.
• BNEDER (Bureau National d'Etudes pour le Développement Rural)minorOthersTechnical validation partner for agricultural projects. Validates technical and economic studies for agricultural investment loan applications.

Scale indicators8 records

Recent moves6 records

Expansion highlights6 records

Regional players

• Attijariwafa bank: Attijariwafa bank is a leading Moroccan universal bank with an Algerian affiliate that competes for enterprise and retail banking customers. It is a relevant regional comparable on scale, product breadth, and Maghreb cross-border strategy.
• Banque Populaire du Maroc: Banque Populaire du Maroc operates the same cooperative/popular-bank concept as CPA across Morocco with a comparable universal banking and housing-finance focus. It is the closest regional functional analogue even though it does not directly compete in Algerian territory.

Direct peers

• Banque de Développement Local (BDL): BDL is an Algerian state-owned bank focused on local development and municipal financing, overlapping with CPA's enterprise and local-government banking activities and competing for the same public-sector and SME customers.
• Al Baraka Bank Algeria: Al Baraka Bank Algeria is a subsidiary of the Al Baraka Banking Group offering Sharia-compliant banking products in Algeria. It directly competes with CPA's Islamic finance window for retail and corporate Sharia-compliant deposits and financing.
• Banque Extérieure d'Algérie (BEA): BEA is a state-owned Algerian commercial bank with a strong trade-finance and corporate banking orientation alongside retail operations. It directly competes with CPA for enterprise and retail customers across the Algerian market.
• Banque de l’Agriculture et du Développement Rural (BADR): BADR is Algeria's state-owned agricultural development bank, directly competing with CPA's agricultural financing division (Tabrid, Ghala, CPA Agricultural Investment) for the same farmer and agri-food customer segments with comparable Ministry-subsidized products.
• Banque Nationale d'Algérie (BNA): BNA is Algeria's largest state-owned commercial bank, offering a comparable universal banking product suite (retail, professional, corporate) with a similarly large national branch footprint. It is the closest direct peer to CPA among Algerian public banks.
• Caisse Nationale d’Épargne et de Prévoyance (CNEP-Banque): CNEP-Banque is an Algerian state-owned savings and housing finance institution, directly competing with CPA's savings and real-estate lending products (including subsidized housing programs) for retail deposit and mortgage customers.

Broad incumbents

• Société Générale Algérie: Société Générale Algérie is the Algerian subsidiary of the French universal bank Société Générale, offering retail, corporate, and digital banking services. It competes with CPA for premium retail and enterprise customers as a foreign-owned incumbent.
• BNP Paribas El Djazair: BNP Paribas El Djazair is the Algerian subsidiary of the French universal bank BNP Paribas, offering corporate and retail banking. It is a relevant broad-incumbent comparable to CPA for enterprise and high-net-worth customers in Algeria.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/cpabank
• Facebookfacebook.com/cpabank
• LinkedInlinkedin.com/company/cpabank

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Crédit Populaire d’Algérie