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Local Development Bank Announces 50% Discount on Consumer Loans During Ramadan

February 21, 2026APS | مصارف وماليةaps.dzTranslated from Arabic
Local Development Bank Announces 50% Discount on Consumer Loans During Ramadan

Algeria - The Local Development Bank announced today, Saturday in a statement, an exceptional 50% discount on the absolute profit margin on consumer loans according to Islamic banking, aimed at purchasing home appliances and electronics, during the month of Ramadan.

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