Become a Shareholder Today!
The Local Development Bank (BDL) launched a Public Offering (APE) as part of its capital opening. This operation included the issuance of 44,200,000 shares for subscription, each with a nominal value of 1,000 DA. The issue price of the shares was set at 1,400 DA, with a discount of 146.39 DA on a share value of 1,546.39 DA.
The total capital increase represented a global amount to be raised of 61,880,000,000.00 DA, comprising 44,200,000,000.00 DA for the capital increase and an issuance premium of 17,680,000,000.00 DA.
The issued shares were registered and dematerialized, and were distributed as follows:
Segment A : Reserved for Algerian nationals residing in the country, this category represents 40% of the total shares available for sale, amounting to 17,680,000 shares. The minimum purchase threshold is set at 10 shares, providing an opportunity accessible to a wide public.
Segment B : Intended for professional, institutional, and qualified investors, this category represents 30% of the shares, or 13,260,000 shares. The minimum purchase threshold is set at 1,000 shares, targeting strategic players capable of making a significant contribution to the investment.
Segment C : Dedicated to legal entities under Algerian law, this category also covers 30% of the shares, or 13,260,000 shares. The minimum purchase threshold is set at 500 shares, allowing local businesses to actively participate in the development of the bank.
These funds were used to strengthen BDL’s equity capital. They supported its development, enhanced its ability to finance new ambitious projects, and consolidated its financial position, while continuing to play a key role in supporting the national economy.
In this perspective, this project aligned with a strategic vision aimed at modernizing the bank, expanding its horizons, and better meeting the expectations of its clients and partners.
The financial statements of the BDL
×
×
×
Placement syndicate
BDL shares are available through reputable banks and specialized institutions. These partners are at your disposal to assist you and simplify each step of purchasing your shares.
Find the nearest branch and take advantage of this exceptional investment opportunity now.
|
IOB
|
Nombre d'agences
|
Localisation
|
|---|---|---|
|
CPA
|
167 branches
|
|
|
BNA
|
227 branches
|
|
|
BADR
|
340 branches
|
|
|
BEA
|
101 branches
|
|
|
CNEP
|
226 branches
|
|
|
SGA
|
104 branches
|
|
|
INVEST MARKET
|
2 branches
|
|
|
TELL MARKETS
|
1 branche
|
Frequently Asked Questions
The capital opening involves a 30% increase in the BDL's share capital through the issuance of 44,200,000 shares available to the public at a price of 1,400 DZD per share.
The subscription period is set from January 20, 2025, to February 20, 2025.
This operation aims to stimulate the Algerian financial market, support the bank's growth, and strengthen its role in financing the national economy.
The value and price of BDL shares were determined by various factors, including the evaluation of the bank's assets, its financial performance, growth prospects, market demand, and overall economic conditions. It is also worth noting that BDL was assisted by the expert firm CETIC, specialized in this field.
The bank's evaluation was also validated by the Commission for the Organization and Supervision of Stock Market Operations (COSOB).
The bank's evaluation was also validated by the Commission for the Organization and Supervision of Stock Market Operations (COSOB).
Shareholders will benefit from the following rights:
- Right to vote at general meetings.
- Right to information on the bank's management.
- Preferential subscription rights in case of a new capital increase.
- Right to dividends, if the general meeting decides to distribute them.
- Right to vote at general meetings.
- Right to information on the bank's management.
- Preferential subscription rights in case of a new capital increase.
- Right to dividends, if the general meeting decides to distribute them.
BDL, a reference public bank for 40 years, posted a total balance sheet of 1,080 billion DZD and a net profit of 17,558 million DZD as of December 31, 2023, an increase of 199% year-on-year. With a solid financial structure and a key role in financing the economy, purchasing shares in BDL represents a reliable opportunity, supported by the stability of the Algerian financial sector.
No, dividends distributed to BDL shareholders will be exempt from taxation for a period of 5 years.
This means that the income generated from your shares will not be taxed during this period, allowing you to maximize the profitability of your investment.
This means that the income generated from your shares will not be taxed during this period, allowing you to maximize the profitability of your investment.
Yes, it is entirely possible to purchase shares for minors. Here are the details:
The purchase must be made by the legal representative of the minor (parent or guardian).
The shares will be registered in the name of the minor, but the management of associated rights (such as voting and dividends) will be handled by the legal representative until the minor reaches the age of majority.
This approach allows for investing in the minor’s future while benefiting from the advantages associated with the capital opening of BDL.
The purchase must be made by the legal representative of the minor (parent or guardian).
The shares will be registered in the name of the minor, but the management of associated rights (such as voting and dividends) will be handled by the legal representative until the minor reaches the age of majority.
This approach allows for investing in the minor’s future while benefiting from the advantages associated with the capital opening of BDL.
If you are a client of the Local Development Bank (BDL) and hold a bank card, you can purchase shares directly through the dedicated platform: https://www.bdl.efawtara.com/.
However, if you are a bank client without a bank card or are not yet a client, we invite you to use the following platform to register and schedule an appointment online to visit the nearest branch and complete the necessary procedures: https://banqueenligne.bdl.dz/.
However, if you are a bank client without a bank card or are not yet a client, we invite you to use the following platform to register and schedule an appointment online to visit the nearest branch and complete the necessary procedures: https://banqueenligne.bdl.dz/.
Yes, with a CIB card, you can purchase up to the equivalent of 1 million Algerian dinars in shares via the platform.
Yes, the platforms https://www.bdl.efawtara.com/ and https://banqueenligne.bdl.dz/ are fully secure to protect your personal and banking data.
For assistance or additional questions, you can contact BDL customer service at 021 99 48 00 or visit the nearest branch.
Interested investors can purchase shares either directly from all BDL branches across the country or from all branches of banks and institutions that are part of the placement syndicate for this operation.
BDL recorded a 199% growth in its net profit in 2023, reaching 17,558 million DZD. These results reflect the bank's financial strength.
BDL is a reliable public bank that has been operating for 40 years. It differentiates itself from other banks through its deep knowledge of the local market and its extensive network of branches. It also offers a wide and comprehensive range of traditional, Islamic, and digital banking products and services, all provided at competitive rates.
BDL's banking branch network has grown from 152 branches in 2020 to 169 branches today, reflecting a clear commitment and strategy to develop a branch network that is close to citizens and easily accessible. Additionally, we are continuously working to enhance our digital services to reduce our clients' travel and to respond to the growing shift toward digitalization in Algeria.
It is important to note that BDL is a bank with a centralized information system. This powerful IT architecture allows it to offer high-quality services at a lower cost. As a result, the customer experience is optimized, with services such as deposits and withdrawals available at all BDL branches, complemented by a digital offering that streamlines the customer journey and reduces the need for travel.
To make share subscriptions more accessible, BDL has introduced a dedicated digital platform where you can subscribe online via the following link:
https://www.bdl.efawtara.com/.
This online system is designed to be simple, fast, and secure, enabling subscribers to participate in the capital opening from anywhere and at any time.
https://www.bdl.efawtara.com/.
This online system is designed to be simple, fast, and secure, enabling subscribers to participate in the capital opening from anywhere and at any time.
Yes, if you are already a BDL client but do not have a bank card, or if you are not yet a client, you can use the platform https://banqueenligne.bdl.dz/.
This platform allows you to register and schedule an appointment to complete the necessary procedures at a branch.
This platform allows you to register and schedule an appointment to complete the necessary procedures at a branch.
Absolutely! You can register on https://banqueenligne.bdl.dz/ to become a client and schedule an appointment at a branch to complete the required steps for purchasing shares.
Enter your personal and banking information.
Specify the number of shares you wish to purchase (up to 1 million dinars with a CIB card).
Confirm your purchase, and the corresponding amount will be debited from your account.
Specify the number of shares you wish to purchase (up to 1 million dinars with a CIB card).
Confirm your purchase, and the corresponding amount will be debited from your account.
If you are a client of the bank:
- Make sure to bring valid identification.
If necessary, you may need to provide:
- A birth certificate.
- Proof of residence.
- A copy of your valid identification.
- Make sure to bring valid identification.
If necessary, you may need to provide:
- A birth certificate.
- Proof of residence.
- A copy of your valid identification.