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Local Development Bank: Increase in financing value to over 1400 billion DZD by 2025

April 15, 2026اقتصاد | الإذاعة الجزائريةradioalgerie.dzTranslated from Arabic
Local Development Bank: Increase in financing value to over 1400 billion DZD by 2025

The total loans granted by the Local Development Bank in 2025 exceeded 1400 billion DZD, with a notable development in Islamic banking activities, according to the bank's director general, Mohamed Mebarek. Mr. Mebarek explained to /APS that the value of loans granted surpassed 1400 billion DZD during the past year, marking an increase of 186 billion DZD compared to 2024, which reflects, as he said, 'the expansion of financing activities and support for investment in various sectors.'

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