Banque de développement local (BDL; ; Berber: lbanka n unegmu amnaḍan) is an Algerian public bank established in 1985.
History BDL was established on 30 April 1985 by Decree No. 85-85, which also defined its functions, operating procedures and resources. The decree specified its principal mission as “contributing to the economic and social development of local authorities”. To this end, the decree stated that “banking activities carried out by other financial institutions and falling within the bank’s remit are transferred to it”, a provision that affected the Crédit Populaire d'Algérie.
In July 2018, BDL launched a Mastercard card, allowing customers to make online purchases and to carry out payments and withdrawals in foreign currency abroad. A Visa card was also introduced.
In December 2024, the partial opening of BDL’s capital, amounting to 30%, was announced ahead of its listing on the Algiers Stock Exchange. In March 2025, the bank was listed on the Stock Exchange and became the eighth publicly traded company in Algeria.The first listing was held on Thursday: BDL officially enters the stock market Algeria Invest
Structure In July 2023, BDL had a network of 164 branches across Algeria.According to information published on the bank’s website.
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Governance Until 29 April 2021, BDL was headed by a president and chief executive officer. It was subsequently placed under a chairman of the board and a director-general.
References
See also List of largest banks in Africa List of banks in Algeria Economy of Algeria
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