adminbdl - Banque de Développement Local

Opening of a Branch in Hammam Bouhadjar

janvier 14, 2025

Opening of a Branch in Hammam Bouhadjar </h2 > The BDL Continues Its Expansion with the Opening of a New Branch in Hammam Bouhadjar It is with great pleasure that BDL inaugurated, on January 14, 2025, a new branch located at 12, Maâta Mohamed Street, Hammam Bouhadjar, in the Aïn Témouchent province. This opening marks another milestone in our strategy to enhance proximity and strengthen our national network, which now includes 170 branches across the country. True to our mission, BDL is committed to remaining a key player in supporting economic initiatives and providing innovative and accessible solutions for everyone. We are proud to continue building, with you, a future defined by growth, ambition, and sustainable development. Article précédent

A Landmark Press Conference for the Opening of Our Capital

janvier 8, 2025

BDL Welcomes ENSI Students for an Immersion in Banking Information Systems </h2 > Algerian Television Coverage of the Bond Issuance Selection Session for Maghreb Leasing Algeria The BDL, in its capacity as a stock market intermediary, successfully supported Maghreb Leasing Algeria (MLA) in its bond issuance. The selection session was held on December 1, 2024, in the presence of representatives from COSOB, Algérie Clearing, and institutional investors. The bond issuance was a resounding success, with a total subscription of 2 billion dinars. This positive outcome confirms the attractiveness of the Algerian bond market for institutional investors. This operation marks a new milestone in the development of capital markets in Algeria and highlights BDL’s active role in financing the economy. Article précédent

Launch of Share Sales

janvier 6, 2025

Launch of Share Sales by the Local Development Bank (BDL) to Algerian Citizens through a Public Call for Savings The Local Development Bank (BDL) has announced the launch of its share sales to Algerian citizens through a public call for savings, marking a significant milestone in its strategy for modernization and support for economic growth. This initiative has been approved following the issuance of visa No. 2024/06 by the Commission for the Organization and Oversight of Stock Market Operations (COSOB) on December 31, 2024. As part of this initiative, the bank plans to increase its share capital by issuing 44,200,000 shares, equivalent to 30% of its capital. This move aims to provide effective support to the national economy by encouraging investment, promoting innovation, and creating opportunities for entrepreneurs, investors, and individuals who wish to participate in the institution’s growth. The share price has been set at 1,400 DA. The subscription period is scheduled from January 20, 2025, to February 20, 2025. Interested citizens can subscribe through BDL branches or financial intermediaries, including seven institutions: Popular Credit of Algeria (CPA), National Savings and Foresight Fund Bank (CNEP) Bank, External Bank of Algeria (BEA), Bank of Agriculture and Rural Development (BADR), National Bank of Algeria (BNA), Société Générale Algeria, Tell Markets, or online via the bank’s website: www.bdl.dz. Through this public call for savings, BDL reaffirms its commitment to an open and transparent financial structure, confident that this initiative is crucial for supporting sustainable growth and strengthening its role in the development of the Algerian economy.

The Bond Issuance by MLA

décembre 1, 2024

BDL Welcomes ENSI Students for an Immersion in Banking Information Systems </h2 > Algerian Television Coverage of the Bond Issuance Selection Session for Maghreb Leasing Algeria The BDL, in its capacity as a stock market intermediary, successfully supported Maghreb Leasing Algeria (MLA) in its bond issuance. The selection session was held on December 1, 2024, in the presence of representatives from COSOB, Algérie Clearing, and institutional investors. The bond issuance was a resounding success, with a total subscription of 2 billion dinars. This positive outcome confirms the attractiveness of the Algerian bond market for institutional investors. This operation marks a new milestone in the development of capital markets in Algeria and highlights BDL’s active role in financing the economy. Article précédent

Travel insurance

mai 19, 2024

The “Travel Insurance” product of Banque de Développement Local (BDL) has been a great success among Algerian travelers since its launch in partnership with the insurance and provident society Amana Assurance, and marketed during the year 2023 through 164 branches distributed throughout its commercial network. Banque de Développement Local has recorded around 9,500 insurance contracts during this period, and expects this number to increase in the coming months with the approach of summer vacations, synonymous with travel abroad. The “Travel Insurance” product offers subscribers 24/7 support and assistance in case of accident or illness during their stays abroad. It covers in particular medical transportation, hospitalization coverage, medical expenses, repatriation of the insured in case of death and payment of compensation to their beneficiaries, as well as insurance for early return of the beneficiary and loss of luggage. Travel insurance is an excellent option for travelers looking for comprehensive protection at affordable prices, thanks to the average contract value estimated at 2,146.30 Algerian dinars. Banque de Développement Local has become a reliable partner for the travels of Algerian travelers around the world and is committed to satisfying them through this service that covers all their risks at reasonable prices and adapted to all budgets.

Opening of a new agency in Dar El Beida

mai 6, 2024

Banque de Développement Local (BDL) continues its network expansion with the opening of a new agency in the wilaya of Algiers on Monday, May 6, 2024. The “Dar El Beida 124” commercial agency, located in cité ABDOUNI Boualam ilot n°24, Dar El Beida Algiers, offers customers personalized service and a comprehensive range of banking products and services. In line with this strategy, it is worth noting that over the past three years, BDL has opened 16 new agencies in different regions of the country, including two digital spaces, to reach a total of 175 commercial agencies, including pawn shops. This network expansion is part of the bank’s strategy to get closer to its customers and meet their growing needs for banking services while offering a personalized, fluid omnichannel experience adapted to today’s lifestyles. By strengthening its network of commercial agencies, BDL reaffirms its unwavering support for investors and development projects. This strategic territorial deployment is an essential pillar of the bank’s contribution to Algeria’s economic growth.

BDL-MasterCard partnership

décembre 13, 2023

We are thrilled to announce the signing of a strategic partnership agreement between the Société d’Automisation des Transactions Interbancaires et de Monétique (SATIM) and the Banque de Développement Local (BDL). This collaboration aims to support the SATIM project, which seeks to process international bank transactions via Mastercard cards nationwide, utilizing SATIM’s processing center. Recognizing the project’s significance for the Algerian economy, BDL, as a principal member of the Mastercard international network and project sponsor, has leveraged the latest and most reliable technologies to develop optimal payment solutions. This approach ensures transaction efficiency and speed while maintaining the highest security standards. With this innovative system and Mastercard network membership, the processing of international bank transactions will now be localized in Algeria. This major initiative will reduce international transfer costs, accelerate processing times, and provide a seamless and secure user experience.

Opening of the Sidi Aissa branch

mai 17, 2023

The Local Development Bank-BDL is pleased to announce the opening, on Sunday February 26, 2023, of its new commercial agency in Sidi Aissa, located Cité 05 Juillet 1962, commune of Sidi Aissa, Wilaya de M’sila. This new agency will market all BDL products and services, particularly those relating to Islamic finance and digital banking products. This opening is also part of the implementation of the strategy of opening local commercial agencies and developing the commercial network of the BDL. On the sidelines of this operation, a delegation composed of BDL executives and chaired by the Director General of the BDL, Mr. Youcef LALMAS, will pay a working visit to the companies and projects financed by the BDL in the wilayas of Bouira and M’sila, as well as all the BDL agencies located in these Wilayas. BDL, Together for Excellence…

Didouche Mourad’s branch opening

mars 19, 2023

The Director General of the BDL, Mr. Youcef LALMAS, inaugurates the new premises of the Didouche Mourad agency located at Boulevard Amirouche N°8, Algiers Center. These more spacious and modern premises will enable our employees to provide a better welcome to customers and a better quality of service. This inauguration was also an opportunity for the Managing Director to take stock of commercial achievements as well as the need to develop the customer portfolio.

Elementor #7062

février 10, 2023

La Banque de Développement Local Organise des journées de sensibilisation durant le mois de Ramdhane Durant le mois de Ramadhan 2023, la Banque de Développement Local organise, au niveau de l’ensemble du territoire national et en direction du grand public, des journées de sensibilisation et d’éducation financière visant à vulgariser auprès des citoyens les différentes prestations bancaires en rapport avec l’inclusion financière. Lors de ces journées, l’accent est mis sur les différentes formules de compte et de financement conformes aux préceptes de la Charia, tels que Mourabaha Véhicule, Mourabaha Consommation, Ijara acquisitive aux particuliers. Les produits digitaux de la BDL sont également à l’ordre du jour à travers la réalisation de simulation d’utilisation de l’application mobile de la BDL, DIGITBDL, laquelle permet de réaliser des opérations bancaires à partir du smartphone. Nos chargées de l’animation des différents stands installés dans le cadre de cette opération ont constaté beaucoup d’intérêt chez les citoyens visiteurs. En effet, cette initiative représente pour eux, une possibilité de poser des questions, particulièrement celles ayant trait au paiement par internet, au dépôt d’argent en banque et même l’acquisition de logement. Ces journées traduisent la volonté de la BDL de poursuivre sa stratégie de rapprochement et de proximité avec les citoyens et de contribuer activement à l’inclusion financière et à l’essor de l’économie nationale