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Central Bank Denies Licensing Foreign Banks

The Central Bank of Libya has denied that it had issued licences to foreign banks to operate independently in Libya, saying that any licences issued to foreign banks  had to be in partnership with a...

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MoneyGram sees “Huge Opportunity for Growth in Libya”

MoneyGram’s Senior Regional Director for the Middle East, Mr. Richard Meredith, has said MoneyGram team is very excited to be in the country where business opportunities are abundant. He told Tripoli...

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Jumhouria Bank on Mortgages and SME Loans

By Osama Humaydan. In the recent speech, Mr. Akkari, chairman of Jumhouria Bank, the largest bank in Libya, noted that the upcoming period will witness major developments by the Central Bank of Libya....

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