Banking & Finance

24-07-2013
Profits at Libya's third-largest lender, in which Jordan's Arab Bank holds a stake, fell sharply year-on-year in the first six months of 2013.
23-07-2013
Staff at Gumhouria Bank branches in Benghazi reportedly halted work on 22 July in protest over security issues. 
23-07-2013
The national assembly says it has started accepting applications for the posts of governor and deputy governor of the Central Bank of Libya (CBL).
22-07-2013
The Libyan Stock Market (LSM) plans to work with a Dubai-based advisory firm, Amanie Advisors, on developing Sharia-compliant financial products and services.
22-07-2013
The company generated some LD76.7m ($61.4m) in insurance revenues in the first half of the year.
21-07-2013
Gross profits at Libya's largest privately-owned bank almost doubled year-on-year in the first six months of 2013.
16-07-2013
The lender posted a 194% increase in net income during the second quarter of the year.
16-07-2013
The company's AGM last week voted in favour of paying out a dividend on profits from the 2012 financial year.
15-07-2013
Commercial banks in Sirte held a one-day strike on 14 July in protest at a series of armed robberies in the city, according to the state news agency.
15-07-2013
The National Commercial Bank (NCB) reported profits of LD65m ($52m) in the second three months of the year, up more than 30% on the same period in 2012.
12-07-2013
The Central Bank of Libya (CBL) says it will hold a draw for each district to select which companies will be awarded a money exchange license, with some 450 applicants taking part in the process.
08-07-2013
The Central Bank of Libya (CBL) has announced Ramadan working hours for all commercial banks in Libya
04-07-2013
The finance minister said in May that Libya would contribute to the fund, which is administered by the Tunis-based African Development Bank (AfDB).
04-07-2013
Assets of the state-owned Libyan Foreign Bank (LFB) reached LD25bn ($20bn) at the end of March, their highest-ever level.
04-07-2013
The insurance firm held its annual general meeting in Tripoli last week.