said the CNIS linked the manufacturing sector with the agricultural and services sectors.
CNIS will initially focus on manufacturing, infrastructure and logistics, tourism, IT-BPM, and agribusiness, Cristobal said.
Matt Gardner is an excellent addition to the Commerce National management team," said CNIS President and Chief Operating Officer Edward Kiessling.
With an annual premium volume of $600 million and network of 14 branches, CNIS is the 24th largest insurance brokerage firm in the nation.
Since its inception, CNIS
has combined a series of key acquisitions of the region's leading insurance brokerages with aggressive new sales efforts and a focus on customer convenience, a hallmark of the entire Commerce organization.
aims to achieve an additional two (2) per cent growth in the countrys gross domestic product.
In 1991, City National sold CNIS
to Systematics, which was acquired the following year by ALLTEL, the bank's current data processing service provider.
details the countrys overall industrial development strategy that links the manufacturing sector with agriculture and services sectors.
provisional data has revealed that the Algeria has made $49.
5 bln, the CNIS
said According to experts, the decrease is mainly due to the effects of the international economic crisis, the withdrawal of consumer credits in 2009 and the taxes introduced by Algeria in 2008 so as to regulate the car market.
This procedure, which takes place without any human intervention enabled "a better exchange of information, easy tax audits and consolidation of the file, especially after authorities launch as from this year of supporting measures," Director of CNIS
Hocine Houri told APS.
3bn over the same period this year, according to CNIS