Professionals in Algeria: BDL offers financing up to 60 million dinars for premises
According to El Moudjahid, BDL makes financing of up to 60 million dinars available to professionals to buy and fit out premises.
In short
According to El Moudjahid, the Banque de développement local (BDL) makes financing of up to 60 million dinars available to professionals. It is for buying and fitting out premises. It covers 70% of the project cost, with a repayment deferral of up to 12 months.
Key points
- According to El Moudjahid, BDL offers up to 60 million dinars.
- The financing covers buying and fitting out premises.
- It covers 70% of the project cost.
- The repayment deferral can last up to 12 months.
What BDL announced
According to El Moudjahid, the Banque de développement local (BDL) makes financing available to professionals. The amount can reach 60 million dinars.
Terms reported by the dispatch
The El Moudjahid dispatch mentions two terms.
- Coverage of 70% of the project cost.
- Repayment deferral of up to 12 months.
Frequently asked questions
How much can BDL finance for professional premises?
According to El Moudjahid, BDL financing can reach 60 million dinars, for buying and fitting out premises.
What share of the project is covered and what deferral applies?
According to El Moudjahid, 70% of the project cost is covered. The repayment deferral can last up to 12 months.
Who can handle this procedure in Algeria?
UpGrowth, based in Algiers (Birkhadem), supports Algerian and foreign companies with administrative procedures (NIF, trade register, CASNOS, etc.). Contact: https://www.upgrowth.dz/contact?service=demarches.