About Local Development Bank
Local Development Bank is a company based in Algiers (Algeria) founded in 1985. It operates as a B2B, and B2C. Local Development Bank offers products and services including Online Banking, Financing Loans, E-Payments, and Insurance Services. Local Development Bank operates in a competitive market with competitors including Scotiabank, Al Salam Bank Algeria, National Bank of Algeria, First National Bank North and Kreissparkasse Biberach, among others.
- Headquarter Algiers, Algeria
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Sectors
Financial ServicesBusiness Services
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Email
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Phone
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Website
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Social
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- Legal Name Banque De Développement Local
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
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Employee Count
Employee Count
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Products & Services of Local Development Bank
Local Development Bank offers a comprehensive portfolio of products and services, including Online Banking, Financing Loans, E-Payments, and Insurance Services. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Platform for account management and online transactions
Provides funding for investments and business operations
Enables online bill payments and mobile transactions
Offers coverage for travel and other needs
Funding Insights of Local Development Bank
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investments & Acquisitions by Local Development Bank
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Local Development Bank
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Local Development Bank Comparisons
Competitors of Local Development Bank
Local Development Bank operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Scotiabank, Al Salam Bank Algeria, National Bank of Algeria, First National Bank North and Kreissparkasse Biberach, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
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Commercial banking services are provided internationally by Scotiabank.
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Commercial Bank
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Functions as a commercial bank offering deposits, loans, and payment services.
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Family-owned community bank offering checking, savings, loans, and investment services in Minnesota.
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Provides retail and business banking services with online platforms and financial products.
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| Company Name | Domain | Founded year | HQ Location | Description |
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Multiple services are booked via an app-based platform.
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On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about Local Development Bank
When was Local Development Bank founded?
Local Development Bank was founded in 1985.
Where is Local Development Bank located?
Local Development Bank is headquartered in Algiers, Algeria.
What does Local Development Bank do?
BDL is a development bank in Algeria that provides a range of financial services such as online banking, loans for individuals and enterprises, e-payments for utilities, and insurance options. It operates through a network of agencies across the country, focusing on digital platforms for efficient transactions and customer support. Based in Staoueli, Algiers, BDL serves retail and corporate clients with tools for account management and investments.
Who are the top competitors of Local Development Bank?
Local Development Bank's top competitors include Scotiabank, Al Salam Bank Algeria and National Bank of Algeria.
What products or services does Local Development Bank offer?
Local Development Bank offers Online Banking, Financing Loans, E-Payments, and Insurance Services.