{"id":10130,"date":"2025-02-05T18:50:05","date_gmt":"2025-02-05T17:50:05","guid":{"rendered":"https:\/\/www.bdl.dz\/en\/?page_id=10130"},"modified":"2025-10-08T09:30:03","modified_gmt":"2025-10-08T08:30:03","slug":"capital-opening","status":"publish","type":"page","link":"https:\/\/www.bdl.dz\/en\/capital-opening\/","title":{"rendered":"capital opening"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-page\" data-elementor-id=\"10130\" class=\"elementor elementor-10130\">\n\t\t\t\t<div class=\"elementor-element elementor-element-2b8ae9f e-con-full elementor-hidden-desktop elementor-hidden-tablet e-flex wpr-particle-no wpr-jarallax-no wpr-parallax-no wpr-sticky-section-no wpr-equal-height-no e-con e-parent\" data-id=\"2b8ae9f\" data-element_type=\"container\" data-e-type=\"container\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-22d1afb5 e-con-full elementor-hidden-mobile e-flex wpr-particle-no wpr-jarallax-no wpr-parallax-no wpr-sticky-section-no wpr-equal-height-no e-con e-parent\" data-id=\"22d1afb5\" data-element_type=\"container\" data-e-type=\"container\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-4e09c8ed e-flex e-con-boxed wpr-particle-no wpr-jarallax-no wpr-parallax-no wpr-sticky-section-no wpr-equal-height-no e-con e-parent\" data-id=\"4e09c8ed\" data-element_type=\"container\" data-e-type=\"container\" id=\"pres\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t<div class=\"elementor-element elementor-element-29f7e72a e-con-full e-flex wpr-particle-no wpr-jarallax-no wpr-parallax-no wpr-sticky-section-no wpr-equal-height-no e-con e-child\" data-id=\"29f7e72a\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t<div class=\"elementor-element elementor-element-c3d0aa0 exad-sticky-section-no exad-glass-effect-no elementor-widget elementor-widget-ct_title\" data-id=\"c3d0aa0\" data-element_type=\"widget\" data-e-type=\"widget\" id=\"presentation\" data-widget_type=\"ct_title.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div class=\"ct-title1 style2\">\r\n    <h3>\r\n        <span>Ordinary &amp; Extraordinary General Meeting \u2013 A Milestone Successfully Achieved<\/span>\r\n        <i><\/i>\r\n    <\/h3>\r\n<\/div>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-5643927 elementor-widget__width-initial exad-sticky-section-no exad-glass-effect-no elementor-widget elementor-widget-text-editor\" data-id=\"5643927\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p data-start=\"133\" data-end=\"496\">On Sunday, June 29, 2025, in Algiers, the Banque de D\u00e9veloppement Local &#8211; BDL\u00a0held its first Ordinary and Extraordinary General Meeting since its listing on the stock exchange. This event marks a major milestone in the Bank\u2019s history, which is now firmly engaged in a trajectory of sustainable performance, innovation, and strengthened governance.<\/p><hr data-start=\"498\" data-end=\"501\" \/><h6>2024 Results Show Strong Growth:<\/h6><p data-start=\"541\" data-end=\"669\">The General Meeting was the occasion to present the financial results for the fiscal year 2024, which were unanimously approved:<\/p><ul><li data-start=\"673\" data-end=\"723\">Turnover up 25%, reaching 96 billion DZD;<\/li><li data-start=\"726\" data-end=\"793\">Net Banking Income (NBI) up +29%, reaching 67 billion DZD;<\/li><li data-start=\"796\" data-end=\"870\">Net profit increased significantly: nearly 23 billion DZD (+31%);<\/li><li data-start=\"873\" data-end=\"937\">Total assets exceeding 1,800 billion DZD, a rise of +14%.<\/li><\/ul><hr data-start=\"939\" data-end=\"942\" \/><h6>Expanding Activity Indicators:<\/h6><ul><li data-start=\"982\" data-end=\"1024\">Growth in traditional financing: +9%;<\/li><li data-start=\"1027\" data-end=\"1111\">Exceptional expansion in Islamic finance: +3500%, reaching 291 million DZD;<\/li><li data-start=\"1114\" data-end=\"1201\">Continued growth in electronic payments: over 280,000 operations in 2024 (+27%).<\/li><\/ul><hr data-start=\"1203\" data-end=\"1206\" \/><h6>Dividends Delivered: 5.55%<\/h6><p data-start=\"1240\" data-end=\"1555\">One of the highlights of this General Meeting was the distribution of a 5.55% dividend to shareholders \u2014 a return higher than the initial forecast of 4.25%.<br data-start=\"1400\" data-end=\"1403\" \/>This reflects the financial strength of BDL and its firm commitment to a strategy focused on value creation, transparency, and sound governance.<\/p><hr data-start=\"1557\" data-end=\"1560\" \/><h6>Shared Governance &amp; Climate of Confidence:<\/h6><p data-start=\"1610\" data-end=\"1752\">The joint holding of the Ordinary and Extraordinary Meetings took place in a calm, professional, and constructive atmosphere, attended by:<\/p><ul><li data-start=\"1756\" data-end=\"1806\">Representatives from the Ministry of Finance;<\/li><li data-start=\"1809\" data-end=\"1856\">Individual and institutional shareholders;<\/li><li data-start=\"1859\" data-end=\"1923\">The COSOB, Algeria&#8217;s financial market regulatory authority;<\/li><li data-start=\"1926\" data-end=\"1967\">And the Algiers Stock Exchange \u2013 SGBV.<\/li><\/ul><p data-start=\"1969\" data-end=\"2113\">This meeting also enabled the renewal of the Board of Directors, in line with corporate governance standards applicable to listed companies.<\/p><hr data-start=\"2115\" data-end=\"2118\" \/><h6>A Public Bank Looking to the Future:<\/h6><p data-start=\"2162\" data-end=\"2421\">BDL reaffirms that a public institution can combine financial performance, digital innovation, and strong shareholder engagement.<br data-start=\"2303\" data-end=\"2306\" \/>This gathering confirmed the ambitions of a modern, client-focused bank that is firmly committed to the future.<\/p><p data-start=\"2423\" data-end=\"2489\"><strong data-start=\"2423\" data-end=\"2489\">BDL delivers on its promises \u2014 and this is just the beginning.<\/strong><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-309e8476 e-con-full e-flex wpr-particle-no wpr-jarallax-no wpr-parallax-no wpr-sticky-section-no wpr-equal-height-no e-con e-child\" data-id=\"309e8476\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t<div class=\"elementor-element elementor-element-6a34d7f exad-sticky-section-no exad-glass-effect-no elementor-widget elementor-widget-ct_download\" data-id=\"6a34d7f\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"ct_download.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t    <div class=\"ct-download\">\r\n                    <div class=\"item--download\">\r\n                <a href=\"https:\/\/www.bdl.dz\/en\/wp-content\/uploads\/2025\/07\/Avis-aux-actionnaires.pdf\">\r\n            \t<i aria-hidden=\"true\" class=\"material zmdi zmdi-download\"><\/i>                                <span>Notice to Shareholders<\/span>\r\n            \t<\/a>\r\n           <\/div>\r\n                    <div class=\"item--download\">\r\n                <a href=\"https:\/\/www.bdl.dz\/en\/wp-content\/uploads\/2025\/07\/Communique-de-presse.pdf\">\r\n            \t<i aria-hidden=\"true\" class=\"material zmdi zmdi-download\"><\/i>                                <span>Press Release<\/span>\r\n            \t<\/a>\r\n           <\/div>\r\n                    <div class=\"item--download\">\r\n                <a href=\"https:\/\/www.bdl.dz\/en\/wp-content\/uploads\/2025\/10\/ETATS-FINANCIERS-2025.pdf\">\r\n            \t<i aria-hidden=\"true\" class=\"material zmdi zmdi-download\"><\/i>                                <span>Financial Statements 2025<\/span>\r\n            \t<\/a>\r\n           <\/div>\r\n                    <div class=\"item--download\">\r\n                <a href=\"https:\/\/www.bdl.dz\/en\/wp-content\/uploads\/2025\/07\/Etats-Financiers-BDL-2024.pdf\">\r\n            \t<i aria-hidden=\"true\" class=\"material zmdi zmdi-download\"><\/i>                                <span>Financial Statements 2024<\/span>\r\n            \t<\/a>\r\n           <\/div>\r\n                    <div class=\"item--download\">\r\n                <a href=\"https:\/\/www.bdl.dz\/en\/wp-content\/uploads\/2025\/10\/Attestattion-commissaire-aux-compte.pdf\">\r\n            \t<i aria-hidden=\"true\" class=\"material zmdi zmdi-download\"><\/i>                                <span>Certificate CAC<\/span>\r\n            \t<\/a>\r\n           <\/div>\r\n                    <div class=\"item--download\">\r\n                <a href=\"https:\/\/www.bdl.dz\/en\/wp-content\/uploads\/2025\/07\/Rapport-de-gestion-2024.pdf\">\r\n            \t<i aria-hidden=\"true\" class=\"material zmdi zmdi-download\"><\/i>                                <span>Management Report<\/span>\r\n            \t<\/a>\r\n           <\/div>\r\n                    <div class=\"item--download\">\r\n                <a href=\"https:\/\/www.bdl.dz\/en\/wp-content\/uploads\/2025\/07\/procuration-aupres-de-lAGO-et-AGEX.pdf\">\r\n            \t<i aria-hidden=\"true\" class=\"material zmdi zmdi-download\"><\/i>                                <span>proxy AGO et AGEX<\/span>\r\n            \t<\/a>\r\n           <\/div>\r\n            <\/div>\r\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-9cff319 e-con-full e-flex wpr-particle-no wpr-jarallax-no wpr-parallax-no wpr-sticky-section-no wpr-equal-height-no elementor-invisible e-con e-child\" data-id=\"9cff319\" data-element_type=\"container\" data-e-type=\"container\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;,&quot;animation&quot;:&quot;wobble&quot;}\">\n\t\t\t\t<div class=\"elementor-element elementor-element-3763bd0 exad-sticky-section-no exad-glass-effect-no elementor-widget elementor-widget-text-editor\" data-id=\"3763bd0\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<h4 style=\"text-align: center;\"><a href=\"https:\/\/www.sgbv.dz\/\" target=\"blank\" rel=\"noopener\"><span style=\"color: #ffffff;\"> Follow BDL&#8217;s stock market performance<\/span><\/a><\/h4>\n<h4 style=\"text-align: center;\"><a href=\"https:\/\/www.sgbv.dz\/\" target=\"blank\" rel=\"noopener\"><span style=\"color: #ffffff;\"><i class=\"fas fa-chart-line\"><\/i><\/span><\/h4>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-ea38599 e-flex e-con-boxed wpr-particle-no wpr-jarallax-no wpr-parallax-no wpr-sticky-section-no wpr-equal-height-no e-con e-parent\" data-id=\"ea38599\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-c2339a2 exad-sticky-section-no exad-glass-effect-no elementor-widget elementor-widget-ct_title\" data-id=\"c2339a2\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"ct_title.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div class=\"ct-title1 style2\">\r\n    <h3>\r\n        <span>BDL \u2013 More than a bank, an investment opportunity<\/span>\r\n        <i><\/i>\r\n    <\/h3>\r\n<\/div>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-03f629b elementor-widget__width-initial exad-sticky-section-no exad-glass-effect-no elementor-widget elementor-widget-text-editor\" data-id=\"03f629b\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>The Banque de D\u00e9veloppement Local &#8211; BDL has taken a historic step by opening its capital to the public, becoming <strong>the second public Algerian bank listed on the stock exchange<\/strong>.<br \/>Its shares are now available on the <b>secondary market<\/b>, offering individuals, companies, and institutional investors the opportunity to actively contribute to its growth.<\/p><p><strong>Why invest in BDL shares?<\/strong><\/p><ul><li><strong>Strong financial foundation<\/strong>:With over 40 years of experience, BDL benefits from a wide branch network and a diversified client base.<\/li><li><b>Growth potential<\/b>:Committed to supporting SMEs, BDL is a key player in the development of the national economy.<\/li><li><strong>Transparency and regulation<\/strong>: BDL shares are traded on a regulated market, ensuring investor safety and clarity.<\/li><\/ul><p><strong>How to buy BDL shares?<\/strong><\/p><ol><li><strong>Contact an approved IOB (Intermediary in Stock Market Operations)<\/strong>.<\/li><li><strong>Follow the share price<\/strong>\u00a0on official platforms.<\/li><li><strong>Place a purchase order through<\/strong>\u00a0the intermediary.<\/li><\/ol>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"<p>Ordinary &amp; Extraordinary General Meeting \u2013 A Milestone Successfully Achieved On Sunday, June 29, 2025, in Algiers, the Banque de D\u00e9veloppement Local &#8211; BDL\u00a0held its first Ordinary and Extraordinary General Meeting since its listing on the stock exchange. This event marks a major milestone in the Bank\u2019s history, which is now firmly engaged in a trajectory of sustainable performance, innovation, and strengthened governance. 2024 Results Show Strong Growth: The General Meeting was the occasion to present the financial results for the fiscal year 2024, which were unanimously approved: Turnover up 25%, reaching 96 billion DZD; Net Banking Income (NBI) up +29%, reaching 67 billion DZD; Net profit increased significantly: nearly 23 billion DZD (+31%); Total assets exceeding 1,800 billion DZD, a rise of +14%. Expanding Activity Indicators: Growth in traditional financing: +9%; Exceptional expansion in Islamic finance: +3500%, reaching 291 million DZD; Continued growth in electronic payments: over 280,000 operations in 2024 (+27%). Dividends Delivered: 5.55% One of the highlights of this General Meeting was the distribution of a 5.55% dividend to shareholders \u2014 a return higher than the initial forecast of 4.25%.This reflects the financial strength of BDL and its firm commitment to a strategy focused on value creation, transparency, and sound governance. Shared Governance &amp; Climate of Confidence: The joint holding of the Ordinary and Extraordinary Meetings took place in a calm, professional, and constructive atmosphere, attended by: Representatives from the Ministry of Finance; Individual and institutional shareholders; The COSOB, Algeria&#8217;s financial market regulatory authority; And the Algiers Stock Exchange \u2013 SGBV. This meeting also enabled the renewal of the Board of Directors, in line with corporate governance standards applicable to listed companies. A Public Bank Looking to the Future: BDL reaffirms that a public institution can combine financial performance, digital innovation, and strong shareholder engagement.This gathering confirmed the ambitions of a modern, client-focused bank that is firmly committed to the future. BDL delivers on its promises \u2014 and this is just the beginning. Notice to Shareholders Press Release Financial Statements 2025 Financial Statements 2024 Certificate CAC Management Report proxy AGO et AGEX Follow BDL&#8217;s stock market performance BDL \u2013 More than a bank, an investment opportunity The Banque de D\u00e9veloppement Local &#8211; BDL has taken a historic step by opening its capital to the public, becoming the second public Algerian bank listed on the stock exchange.Its shares are now available on the secondary market, offering individuals, companies, and institutional investors the opportunity to actively contribute to its growth. Why invest in BDL shares? Strong financial foundation:With over 40 years of experience, BDL benefits from a wide branch network and a diversified client base. Growth potential:Committed to supporting SMEs, BDL is a key player in the development of the national economy. Transparency and regulation: BDL shares are traded on a regulated market, ensuring investor safety and clarity. How to buy BDL shares? Contact an approved IOB (Intermediary in Stock Market Operations). Follow the share price\u00a0on official platforms. Place a purchase order through\u00a0the intermediary.<\/p>\n","protected":false},"author":1,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"elementor_header_footer","meta":{"footnotes":""},"class_list":["post-10130","page","type-page","status-publish","hentry"],"_links":{"self":[{"href":"https:\/\/www.bdl.dz\/en\/wp-json\/wp\/v2\/pages\/10130","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.bdl.dz\/en\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/www.bdl.dz\/en\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/www.bdl.dz\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.bdl.dz\/en\/wp-json\/wp\/v2\/comments?post=10130"}],"version-history":[{"count":18,"href":"https:\/\/www.bdl.dz\/en\/wp-json\/wp\/v2\/pages\/10130\/revisions"}],"predecessor-version":[{"id":11844,"href":"https:\/\/www.bdl.dz\/en\/wp-json\/wp\/v2\/pages\/10130\/revisions\/11844"}],"wp:attachment":[{"href":"https:\/\/www.bdl.dz\/en\/wp-json\/wp\/v2\/media?parent=10130"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}