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Private company

BADR

Algerian publicly owned bank based in Algiers, founded in 19821

Banque de l'agriculture et du développement rural (BADR; Arabic: بنك الفلاحة والتنمية الريفية) is an Algerian public bank. Its network currently comprises 340 branches and more than 7,800 employees. The density of its branch network and the size of its workforce make BADR the largest banking network in Algeria.2 Wikipedia text CC BY-SA 4.0

Last updated Oct 21, 2026.

Overview

1982Founded1

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Banque de l'agriculture et du développement rural (BADR; Arabic: بنك الفلاحة والتنمية الريفية) is an Algerian public bank. Its network currently comprises 340 branches and more than 7,800 employees. The density of its branch network and the size of its workforce make BADR the largest banking network in Algeria.2

The story

BADR was established on 13 March 1982 by Decree No. 82-106 as a joint-stock company.

In the early 2000s, BADR granted a loan of 65 billion dinars to Tonic Emballage, an Algerian small and medium-sized enterprise. Following the bankruptcy of Tonic Emballage, the loan had adverse consequences for the bank’s operations.

In May 2016, the bank opened its first stock-exchange service point.

In 2017, BADR announced that it would launch Islamic financial services before the end of the year by offering banking products compliant with Sharia.

From Wikipedia’s article on Banque de l'Agriculture et du Développement Rural, shared under CC BY-SA 4.0.3

Timeline

  1. 1982Founded Founded1

Sources

The numbers on this page point here. Each one links to the record it came from.

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