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About Us
Our bank obtains, through the competent authorities, a permission to practice banking activities in the year of 2008, in the form of a Libyan joint stock company with a capital of 600 million Libyan dinars, equally divided between the Libyan Foreign Bank and the Qatar Investment Authority, which’s Later on waived-off to Qatar Holding Co., The Capital was reduced to 250 million dinars, Paid – up capital of 100 million dinars during the year 2018. The bank then transformed to a fully Islamic bank, based on the idea of a proper management and of an effective supervisory environment ,these are the two prerequisites for the establishment of a proper banking system as well as necessary requirements to achieve the banking sector’s goals and develop its performance with the aim of bringing the bank to a level of international institutions in accordance with established principles and standards, which in turn, it will positively reflects the banking sector in Libya in general.
Our Message
Pushing toward maintaining Efficiency in Everything We Do.
Our Vision
The vision is ‘to be the first world-class Libyan bank’ which will be achieved by ‘driving efficiency in everything we do
Corporate Values
Our values focus on building enduring partnerships grounded in a level of trust that is inspired by our principles and transparency
Build Enduring Partnerships
We will aim to build partnerships with all our stakeholders including employees, customers, businesses, suppliers, shareholders -these relationships are the foundation of our business but we will never compromise on our principles or our transparency as these are what make these relationships durable
Champion Transparency
We will act with openness, honesty and transparency -with those with whom we deal we will strive to bring transparency and clarity so that our customers and Libya generally can benefit from the openness that we will inspire
Stand By Our Principles
We will stand by our principles -those beliefs that are important to our employees, our customers, our shareholders will be upheld across the bank -we will remain principled in all we do.