The Main Banks of Libya

There are about ten major banks in Libya: the Central Bank of Libya,   the Agricultural Bank, the National Commercial Bank, the Commerce & Development Bank, the Arab Foreign Bank, the Savings and Real Estate Investment Bank, the Sahara Bank, al-Jamahiriya Bank, the Umma Bank, and the Wahda Bank. Although all the above banks are state-controlled banks, the Libyan government passed a law in 1993 which allows the public to establish private sector banks in Libya; and now even foreign companies began buying shares in Libyan banks, after the Libyan government began to allow foreign banks to take part in preparing the country for the development planned ahead. It was reported that six big lenders, including HSBC Holding PLC and Standard Chartered PLC, were short-listed for two banking licenses in Libya. The BNP Paribas of France owns 19 percent of Sahara Bank; while the Arab Bank of Jordan has a similar stake in Wahda Bank. The Libyan Arab Foreign Bank implements the international functions of the Central Bank of Libya through subsidiaries in some 20 foreign countries.

The Libyan National Payment System (NPS):

The Libyan monetary system is currently being rapidly updated and modernised. The various new monetary systems will be encrypted and then linked via fiber optic technologies and wireless satellites systems. The project is run by the Central Bank of Libya in a joint cooperation with various commercial banks. The new systems to be implements include the CBS, ATM, ACP, ACH, RTGS, and POS. For detailed information about these systems please see our Libyan Money page.

List of The Main Libyan Banks:

African Bank of Trade and Investment
Address: al-Fateh Tower, 2nd Floor, No. 28, P.O. Box 12132, Tripoli, Libya
Tel.: (21) 3351405

Agricultural Bank
Address: al-Swihli Square, P.O. Box 1110, Tripoli, Libya
Tel.: (21) 333541 - 333544

Alejmaa Alarabi Bank
Address: al-Sherif Street, P.O. Box 17551, Benghazi, Libya
Tel.: (61) 9090128 - 9096679

Alsaraya Trading And Devolpment Bank
Address: Mizran Street, Tripoli, Libya
Tel.: (21) 4447692 - 4445106

AL Umma Bank
Address: Omar al-Mokhtar Street, P.O. Box 685, Tripoli, Libya
Tel.: (21) 3332888 - 3331195

Al-Wahda Bank
www.wahdabank.com
Address: Omar Abulfadeel Square, P.O. Box 452, Benghazi, Libya
Tel.: (61) 24519 - 24142 - 24256 - 24250

Al-Wafa Bank
www.alwafabank.com
Address: al-Falah Street, P.O. Box 84212, Tripoli, Libya
Tel.: (21) 4815124

Aman (Alaman) Bank For Commerce & Investment
www.abci-ly.com
Address: Dat al-Imad Complex, Tower 3, P.O. Box 91271, Tripoli, Libya
Tel.: (21) 3350216 - 3350219
Aman Bank Building
Hay Alandulus, P.O. Box: 6296, Tripoli, Libya
Tel: (21) 4780072

Bank of Commerce & Development
Address: Frusiya Building For Investment, P.O. BOX 5045, Benghazi, Libya
Tel.: (61) 9097300
(www(dot)bankofcd(dot)com: caution: www.siteadvisor.com identified an execute file named app010 to contain maleware, the file is available for download from the bank's site).

Bank of Valleta PLC
Address: Borj al-Fateh (al-Fateh Tower), Ground Floor, Office 49, P.O. Box 93299, Tripoli, Libya
Tel.: (21) 3351661-3
E-mail bovlibya@bov.com
www.bov.com/page.asp?n=overseasrepoffices & l=1

British Arab Commercial Bank (BACB)
http://www.bacb.co.uk/
Address: al-Fatah Tower, Floor 15, no. 154, P.O. Box 91051, Tripoli, Libya
Tel.: (21) 335 1489

Central Bank of Libya
http://cbl.gov.ly/
Address: P.O. Box 1103, Tripoli, Libya
Tel.: (21) 3333591-99

Development Bank
Address: P.O Box 3180, Tripoli, Libya
Tel.: (21) 4446622 - 4802046

Gumhouria Bank
Address: P.O. Box 0465004, Gharyan, Libya
Tel.: (41) 631960-61

Libyan Foreign Bank
www.lafbank.com
Address: Dat al-Imad Complex, Tower 2, P.O. Box 3180, Tripoli
Tel.: (21) 3350155 - 3350168

Mediterranean Bank
www.meditbank.net
Address: Omar al-Mokhtar Street, P.O. Box 410, Benghazi, Libya
Tel.: (61) 9098386 - 9091048 - 9098106

National Banking Corporation
Address: Tripoli, Libya
Tel.: (21) 4448623-4449730

National Commercial Bank
www.ncb.ly
Address: Orouba Street, P.O. Box 543, Libya, al-Bayda
Tel.: (021) 3612429 - 3612267 - 3617977

Saving and Real-Estate Investment Bank
Address: Khalifa al-Zaidi Street, P.O. Box 2289, Tripoli, Libya
Tel.: (21) 4449306 - 4449308 - 4449310

Sahara Bank (al-Sahari Bank)
www.saharabank.com.ly
Address: 1st September Street, P.O. Box 720, Tripoli, Libya
Tel.: (21) 3332771 - 4442920