The establishment of foreign banking and other financial institution branches in Algerie is subject to reciprocity. 
"Book 5 - Banking organization [...]
Title 4 - Authorization and approval [...]
Art.85.- The opening in Algeria of branches of foreign banks and financial institutions may be authorized by the Council, subject to the principle of reciprocity. [...]" (Ordinance No. 10-04 of Ramadhan 16, 1431 corresponding to August 26, 2010 amending and supplementing Ordinance No. 03-11 of Joumada Ethania 27, 1424 corresponding to August 26, 2003 relating to money and credit [google translate])
Ordinance No. 10-04 of Ramadhan 16, 1431 corresponding to August 26, 2010 amending and supplementing Ordinance No. 03-11 of Joumada Ethania 27, 1424 corresponding to August 26, 2003 relating to money and credit [google translate]
[<a href="http://www.droit-afrique.com/upload/doc/algerie/Algerie-Ordonnance-2003-11-monnaie-credit.pdf">Rule</a>]