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Local Development Bank Achieves Profits of 27.3 Billion Dinars and Proposes Distribution of 107 Dinars to Its Shareholders - Iqtissad Al Balad

May 24, 2026اقتصاد البلدiqtissadalbalad.dzTranslated from Arabic
Local Development Bank Achieves Profits of 27.3 Billion Dinars and Proposes Distribution of 107 Dinars to Its Shareholders - Iqtissad Al Balad

The Local Development Bank recorded a positive financial performance during the year 2025, as its Board of Directors proposed a profit distribution of 107 Dinars per share, following a net profit of 27.3 billion Dinars, an increase of 19.16 percent compared to the previous year.

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