NEWS ARTICLE
HSBC, Standard Chartered and Unicredit of Italy are among institutions which have applied for licenses to establish the first ever private-sector banks in Libya, the oil rich North African state which has been gradually opening up its economy.
Farhat Bengdara, the governor of the Central Bank of Libya told a conference in Tripoli that a decision on awarding the two licenses on offer will be made in July. The deadline for expressions of interest expires on Wednesday.
HSBC, Standard Chartered and Unicredit coming to Libya
Vagabond101
31 March 2010 14:00:16
18
Sandman6
31 March 2010 14:17:54
1863
"Applied for banking licences" does not imply that any of these financial institutions are coming to Libya.
ibngabal
31 March 2010 14:21:57
45
Really, what a good news! what is the news paper or source of this please.
How long it will take that a branch to open up? in August then or when please?
Sandman6
31 March 2010 14:46:08
1863
Read my previous post...
Vagabond101
31 March 2010 16:11:01
18
May be those banks applied liscences just for the sake of fun...
ROME WASN'T BUILT IN A DAY...
hababbi
18 April 2010 13:55:38
78
Hope they applied in Arabic and got everything stamped twice!Wouldn't hold my breath waiting for a response though.
ibngabal
20 April 2010 16:19:54
45
I heard the news today in Al Jazeera TV.
6 Banks International Banks intend to work in Libya.
This mean that Libya is opening arm for future developement.
Vagabond101
21 April 2010 11:53:04
18
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