|Central Bank of Libya
||Agricultural Bank HQ
||Wahda Bank HQ
The Libyan economy is dominated by the oil and related industries. Agriculture is the second largest industry. Libyan banking system is dominated by four banks which are owned in full or in the majority by the Libyan Central Bank. Jamahiriya Bank, Wahda Bank, Sahara Bank, Umma Bank and the National Commercial Bank constitute almost ninety percent of Libya's banking sector assets. According to the Central Bank of Libya, there are sixteen banks in Libya. They are: Gumhouria Bank, National Commercial Bank, Sahara Bank, AL Umma Bank, Wahda Bank, Commerce & Development Bank, Aman Bank For commerce & Investment, Al‐Wafa Bank, Alejmaa Alarabi Bank, Mediterranean Bank, National Banking Corporation, Saving and Real‐Estate Investment Bank, Agricultural Bank, Development Bank, Libyan Foreign Bank, and Alsaraya Trading & Devolpment Bank. The process of Bank privatization started in 2007. BNP Paribas acquired 19 percent of Sahara Bank in August 2007. Wahda Bank was acquired by Arab Bank (Jordan) in February 2008. The Central Bank announced in October 2007 that it would merge Umma Bank and Jamahiriya bank into a single entity; that process was completed in 2008.
Libyan Agricultural Bank is an agricultural development bank operating under special law and owned by the Libyan government. The Bank operates one branch in Tripoli and another 27 branches throughout Libya. Founded in 1955 and commenced operations in 1957, it is one of the major tools of the Agricultural Revolution in the service of the national economy for more than 45 years.
El.Ghayran area, Ganzor El.Sharqya
Phone: +218 (21) 4870586, 4870714, 4870745
Fax: +218 (21) 4870747
Alejmaa Alarabi Bank
Al Ejmaa Alarabi Bank (Tripoli Branch)
Banking services to individuals and companies
Dat El Imad (Tower 1)
Phone: +218 (21) 3350055 - 57
Al Ejmaa Alarabi Bank (Benghazi Branch)
Banking services for Individuals and Companies
Al Sherif Street
Phone: +218-61-9090128, +218-61-9096679
Al Aman Bank For Commerce & Investment
Aman Bank for commerce and investment, the leader in banking in Libya. Banking services to individuals and companies.
Dat El Imad Complex 9 Tower (3) Ground Floor
Phone: +218 (21) 3350219
Al Wafa Bank
Al Wafa Bank (Al Fallah Branch)
Al Fatah Tower
Bank of Commerce & Development
Bank of Commerce & Development provides banking products and services in Libya. It operates 48 ATMs and 226 point of sale machines. The bank was established in 1996 and is headquartered in Benghazi, Libya.
Abdulnaser St., Elberka
Phone: +218 61 908 0230, +218 61 222 9630
Fax: +218 61 909 7115, +218 61 223 7020
TELWX: 40298 BCDHOLY
Central Bank Of Libya
The Central Bank of Libya (CBL) is 100% state ownership and represents the monetary authority in The Great Socialist People’s Libyan Arab Jamahiriya and enjoys the status of autonomous corporate body. The CBL started its operations on April 1, 1956.
The King Sauod Street (Al Dahra Area- Al Shatt Road)
Tel: +218 (21) 3333591 - 99
The bank has 27 branches across the country.
Phone:+218 (21) 4446622
Khalifa Zaidi Street
Phone: +218 (21) 4449306
Fax:+218 (21) 4449309
Gumhouria Bank Building
(Formerly Known as Jamahiriya Bank until 2002)
Omar Al Mukhtar Avenue
Giaddal Omer Al Moukhtar
Tel: +218 21-333-4035, +218 21-444-2541
Libyan Arab Foreign Bank
Libyan Arab Foreign Bank (LAFB) was founded in 1972 in Tripoli as the country's first offshore banking institution licensed to operate internationally. The bank is 100% owned by the Central Bank of Libya. The bank owns 26% of British Arab Commercial Bank, which is also an affiliate of HSBC Group.
Dat El Imad Complex, Tower 2
Phone: +218 (21) 3360054
Mediterranean Bank was established in 1997 and is headquartered in Benghazi. It operates under the supervision of the Central Bank of Libya and provides retail and corporate banking services.
14 Dec 2010
Bahrain-based Arab Banking Corporation (ABC) said it has entered into an agreement to acquire a 49 per cent stake in top Libyan bank, Mediterranean for 74 million Libyan Dinars ($60 million).
Mediterranean Bank (Benghazi Branch)
Department of Banking Operations. Banking services for Individuals and Companies.
Omar Al Mokhtar Street
Tel: +218-61-9098386, +218-21-9091048
Mediterranean Bank (Tripoli Branch)
Al Jalaa Street (Abu Setta)
Phone: +218 (21) 3408659
National Banking Corporation
Tel: +218-21-3350038, 3350039
National Commercial Bank
National Commercial Bank provides commercial banking solutions in Libya. The bank was founded in 1970 and is based in AlBayda, Libya.
Phone: +218 021 3612429
National Commercial Bank (Tripoli Branch)
1st Sebtembser Street
Tel: +218 (21) 3337191
Sahara Bank was created in 1964 and recognized as the second largest public bank in Libya. Sahara Bank became the first financial institution in Libya in 2007 to enter into a strategic partnership. With a network of 48 branches covering all the main regions in the country and more than 1 500 experienced staff, Sahara Bank is one of the leading banks in Libya that has developed a large portfolio in both Corporate and Retail Banking. It has branches in Tripoli, Benghazi, Azawiyah, Al Jmaiel, Al khamees, Al Bida, Zuwarah, Al Khumes, Sabha, Brack, Al Amamrah village, Sert, Misratah, Zliten, Mesalath city, Misratah, Al Urrban village, Mrahda, Jerds Alahrar, Surman and Al Derseia. Sahara Bank is now a part of the French BNP Paribas group.
10 First of September Street
Tel: +218 (21) 4443061
Saving and Real-Estate Investment Bank
Al Sreem Street - Abu Miliana Street - Al Masera Al Kobra Street
Tel: +218-21-3330434, +218-21-3330561
The bank was established on April 14, 1907 under agreement between the Government of Italy and the Government of the Turkish Sultan, in the late era of Turkish rule before the invasion of Libya. In 1970 all the foreign banks shares were nationalized and became completely owned by Libya.
Omar Almokhtar Street (Al Shohadaa Square)
Phone: +218 (21) 3330651, 3331195 - 94
Fax: +218 (21) 3330602
Wahda bank is a Libyan share holding company, established in 1970. Wahda bank provides all sorts of banking products and services through 76 branches throughout the country.
Gamal Abdalnasser Street
Al Fadiel Abu Omar Square
P.O.Box 452 Benghazi
Tel: +218 61 2224256
Fax: +218 61 2224122