Bancassurance agreement between Axa Algérie and CPA

On November 7, 2016, Axa Algérie and Crédit Populaire d’Algérie (CPA) signed a partnership agreement for the marketing of life and non life insurance products of the French insurer via the agencies of CPA. Decree number 60 of August 6, 2007 authorized banks and financial establishments to provide insurance products at defined commission levels.

The association is aimed at promoting synergy between both groups. New products will be made available for the customers, including bank card assistance (Visa, MasterCard, CIB) or plumbing and electricity assistance in case a homeowner's policy has been underwritten.

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