Are bank loans granted to employees in Libya?
Loans
15
245
Oil company employees seem to benefit from car and other various loans.
From what I understand, locals working in established national corporations (ZOC, HOO, Waha.....) can get INTEREST FREE car loans for 5 year terms. They have to pay a loan processing fee, get approved and wait for the paperwork to be processed to get the money.
This is unsecured loan...........
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I ask you whether employed foreign workers can take credit.
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I would like to bring a little tiny question about this matter.
If a foreign worker cannot open a bank account, how can he get any kind of loan/credit?
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no credit facilities for foreigners.............. BYOC!!!
190
Miguel_CTR wrote:I would like to bring a little tiny question about this matter.
If a foreign worker cannot open a bank account, how can he get any kind of loan/credit?
Foreign workers can open bank accounts.
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