Accounts and Investments
Optimize your business’s financial management with our solutions tailored to professionals. Our accounts and investments offer smooth transactions and complete visibility into your finances. They guarantee attractive returns over defined periods and ensure the security and growth of your funds. Trust in our products specifically designed for professionals and unlock your business’s potential today.
What is a Commercial Current Account?
A commercial current account is a non-interest-bearing account opened for individuals or legal entities engaged in commercial activities to address their banking needs related to their industrial or commercial activities.
Who Can Open a Commercial Current Account?
- Individuals: Merchants, professionals
- Legal entities: Commercial enterprises, industrial enterprises, or service providers
What are its advantages?
- Domiciliation of your turnover
- Managing your commercial current account facilitates the accounting management of your business
- Issuance of checkbooks and CIB cards
- Access to banking operations: check cashing, bank checks, etc.
- Manage your account freely at any CNEP-Banque branch nationwide
- Ability to check your account balance and transaction history via CNEP CONNECT
- Ability to print your bank identification (RIB) at any time
- Ability to make domestic or interbank transfers 7 days a week, 24 hours a day via the CNEP Connect Entreprise application (see CNEP Connect)
What is a fixed-term deposit?
A fixed-term deposit is an investment of money in Dinars made on the order of the customer for an agreed period.
Who can benefit from it?
Any individual or legal entity.
What are its advantages?
- Preserve your money from the risk of theft and loss.
- Flexible duration tailored to the customer’s preferences.
- Have access to your money freely before maturity.
- This investment option offers an attractive interest that varies based on the investment period in accordance with the bank’s terms and conditions.
What is a Cash voucher ?
It is an investment as a debt instrument that can be made by an individual or a legal entity.
The cash voucher can be nominative, to the bearer, or anonymous.
It is issued for a previously agreed-upon term and for an interest.
Eligibility:
Any individual or legal entity.
Interest:
The interest rate varies depending on the duration of the investment.
What is the PRO-INVEST Plan?
The PRO-INVEST Plan is a savings solution tailored for professionals or future professionals
who wish to gradually build interest-bearing savings while benefiting, in the long run, from
financing for their investment projects. The PRO-INVEST Plan allows you to prepare, over
several years, a personal contribution to finance the purshase of premises , renovation works,
equipments, or even establish working capital, all while benefiting from a favorable interest
rate.
Who can subscribe to the PRO-INVEST Plan?
This plan is available to all individuals or legal entities authorized to carry out a professional
activity. This includes both active professionals and those who are preparing to enter their
profession.
What are the objectives of the PRO-INVEST Plan?
Building savings: Accumulate secure and interest-bearing savings.
Financing a project: After 60 months, you can use your accumulated savings to
finance projects such as acquiring equipment, premises, renovation works, or
establishing working capital.
What are the deposit modalities?
You can fund your savings according to the following options:
Monthly: Starting from 10,000 DA.
Quarterly: Starting from 30,000 DA.
Semi-annual: Starting from 60,000 DA. One-time or additional deposits are also
allowed.
What is the minimum amount required to subscribe?
The minimum initial deposit is 100,000 DA.
What is the interest rate on the savings?
The savings are remunerated with an annual interest rate determined according to the
prevailing banking conditions, allowing your savings to grow over the years.
What happens at the end of the savings phase?
At the end of the 60-month savings period, you will have the option to obtain financing for
your professional projects at a preferential rate by using the accumulated savings. This can
cover the purshase of permises, renovation works,acquisition of equipment and working
capital
What types of financing can I obtain after the savings phase? Acquisition of equipment: Up to 50 million DA for healthcare professionals or 15
million DA for other sectors.
Acquisition of premises: Financing up to 90% of the purchase price.
Renovation works: Financing up to 100% for owners.
Working capital: Up to 3 months of turnover.
What are the financing conditions?
Duration: From 3 to 10 years, depending on the type of investment.
Interest rate: Reduced by 0.25% compared to the prevailing rate.
Processing fees: Subscribers to the savings plan are exempt from any account
management fees.
What are the benefits of the PRO-INVEST Plan?
Preferential financing rates.
Exemption from management fees.
Flexibility: Option to extend the credit usage period and defer repayments.
Accessibility: Open to all professionals, regardless of their business sector.
What happens if I wish to renew my savings plan?
At the end of the 60-month period, you can request a renewal of your savings plan, or choose
to withdraw your capital, along with the accrued interest.Contact Us:
For further information, please visit our website at www.cnepbanque.dz or contact your
CNEP-Banque Agency.