Foreign participation in banks and other financial institutions established in Algerie is limited to 49%. 
"Book 5 - Banking organization [...]
Title 4 - Authorization and approval [...]
Art.83.- Banks and financial establishments governed by Algerian law must be constituted in the form of joint-stock companies. The Board appreciates the opportunity for a bank or financial institution to take the form of a mutuality. Foreign participations in banks and financial establishments under Algerian law are only authorized within the framework of a partnership whose resident national shareholding represents at least 51% of the capital. By national shareholding, it can be understood the addition of several partners. In addition, the State holds a specific share in the capital of banks and financial institutions with private capital by virtue of which it is represented, without the right to vote, within corporate bodies. The terms of application of this provision are specified by regulation. [...]" (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>]