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Libyan Foreign Bank
Libyan Foreign Bank (LFB) was established in 1972 in Tripoli, Libya as Libyan Arab Foreign Bank; it was renamed Libyan Foreign Bank in 2005. It was Libya's first offshore banking institution licensed to operate internationally. The Central Bank of Libya owns 100% of LFB. The head office is located in Libya's capital Tripoli. Since 2010, the bank owns 84% of British Arab Commercial Bank, and 68% of Banca UBAE (Est. 1972) in Rome.On 12 March 2011, the Bank of Italy placed Banca UBAE under special administration following the European Council's decision to freeze Libyan banking assets. The intent was to ensure that the bank could continue to operate normally, and in conformity with international policies. Operations LFB provides services and operations to facilitate international trade, money flows for investment and payment, and loans to government and official institutions as well as to the private sectors. Its international services comprise insurance and confirmation of letters ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Public Company
A public company is a company whose ownership is organized via shares of share capital, stock which are intended to be freely traded on a stock exchange or in over-the-counter (finance), over-the-counter markets. A public (publicly traded) company can be listed on a stock exchange (listing (finance), listed company), which facilitates the trade of shares, or not (unlisted public company). In some jurisdictions, public companies over a certain size must be listed on an exchange. In most cases, public companies are ''private'' enterprises in the ''private'' sector, and "public" emphasizes their reporting and trading on the public markets. Public companies are formed within the legal systems of particular states and so have associations and formal designations, which are distinct and separate in the polity in which they reside. In the United States, for example, a public company is usually a type of corporation, though a corporation need not be a public company. In the United Kin ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Tripoli, Libya
Tripoli, historically known as Tripoli-of-the-West, is the capital city, capital and largest city of Libya, with a population of about 1.317 million people in 2021. It is located in the northwest of Libya on the edge of the desert, on a point of rocky land projecting into the Mediterranean Sea and forming a bay. It includes the port of Tripoli and the country's largest commercial and manufacturing center. It is also the site of the University of Tripoli. Tripoli was founded in the 7th century BC by the Phoenicians, who gave it the Libyco-Berber name (), before passing into the hands of the Greek rulers of Cyrenaica as Oea (). Due to the city's long history, there are many sites of archeological significance in Tripoli. ''Tripoli'' may also refer to the (top-level administrative division in the Libyan system), the Tripoli District, Libya, Tripoli District. Name In the Arab world, Tripoli is also known as "Tripoli-of-the-West" (), to distinguish it from Tripoli, Lebanon, known ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Libya
Libya, officially the State of Libya, is a country in the Maghreb region of North Africa. It borders the Mediterranean Sea to the north, Egypt to Egypt–Libya border, the east, Sudan to Libya–Sudan border, the southeast, Chad to Chad–Libya border, the south, Niger to Libya–Niger border, the southwest, Algeria to Algeria–Libya border, the west, and Tunisia to Libya–Tunisia border, the northwest. With an area of almost , it is the 4th-largest country in Africa and the Arab world, and the List of countries and outlying territories by total area, 16th-largest in the world. Libya claims 32,000 square kilometres of southeastern Algeria, south of the Libyan town of Ghat, Libya, Ghat. The largest city and capital is Tripoli, Libya, Tripoli, which is located in northwestern Libya and contains over a million of Libya's seven million people. Libya has been inhabited by Berber people, Berbers since the late Bronze Age as descendants from Iberomaurusian and Capsian cultures. I ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Finance
Finance refers to monetary resources and to the study and Academic discipline, discipline of money, currency, assets and Liability (financial accounting), liabilities. As a subject of study, is a field of Business administration, Business Administration wich study the planning, organizing, leading, and controlling of an organization's resources to achieve its goals. Based on the scope of financial activities in financial systems, the discipline can be divided into Personal finance, personal, Corporate finance, corporate, and public finance. In these financial systems, assets are bought, sold, or traded as financial instruments, such as Currency, currencies, loans, Bond (finance), bonds, Share (finance), shares, stocks, Option (finance), options, Futures contract, futures, etc. Assets can also be banked, Investment, invested, and Insurance, insured to maximize value and minimize loss. In practice, Financial risk, risks are always present in any financial action and entities. Due ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Financial Services
Financial services are service (economics), economic services tied to finance provided by financial institutions. Financial services encompass a broad range of tertiary sector of the economy, service sector activities, especially as concerns financial management and consumer finance. The finance industry in its most common sense concerns commercial banks that provide market liquidity, derivative (finance), risk instruments, and broker, brokerage for large public company, public companies and multinational corporations at a macroeconomics, macroeconomic scale that impacts domestic politics and foreign relations. The extragovernmental power and scale of the finance industry remains an ongoing controversy in many industrialized Western economies, as seen in the American Occupy Wall Street civil protest movement of 2011. Styles of financial institution include credit union, bank, savings and loan association, trust company, building society, brokerage firm, payment processor, many ty ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Central Bank Of Libya
The Central Bank of Libya (CBL) is the monetary authority in Libya. It has the status of an autonomous corporate body. The law establishing the CBL stipulates that the objectives of the central bank shall be to maintain monetary stability in Libya and to promote the sustained growth of the economy in accordance with the general economic policy of the state. The headquarters of the Central Bank are in Tripoli. However, to make the CBL services more accessible to commercial banks, branches and public departments located far from the headquarters. The CBL has three branches, located in Benghazi, Sabha and Sirte. History The CBL was founded in 1955 under Act no. 30 (1955) started its operations on 1 April 1956 under the name of National Bank of Libya,Bank of Libya, Economic Bulletin-Statistical Supplement, Economic Research Division of Bank of Libya, July 1967. to replace the Libyan Currency Commission which was established by the United Nations and other supervising countries in ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
British Arab Commercial Bank
The British Arab Commercial Bank PLC (BACB) is an international wholesale bank incorporated in the United Kingdom that is authorised by the Prudential Regulation Authority (PRA) and regulated by the PRA and the Financial Conduct Authority (FCA). It was founded in 1972 as UBAF Limited, adopted its current name in 1996, and registered as a public limited company in 2009. The bank has clients trading in and out of developing markets in the Middle East and Africa. BACB has a head office in London, and three representative offices in Algiers in Algeria, Tripoli in Libya and Abidjan in the Cote D'Ivoire. The bank has 17 sister banks across Europe, Asia and Africa. It is owned by three main shareholders - the Libyan Foreign Bank (87.80%), Banque Centrale Populaire (6.10%) and Banque Extérieure d'Algérie (6.10%).BACB Shareholders BACB Shareh ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Casablanca
Casablanca (, ) is the largest city in Morocco and the country's economic and business centre. Located on the Atlantic Ocean, Atlantic coast of the Chaouia (Morocco), Chaouia plain in the central-western part of Morocco, the city has a population of about 3.22 million in the urban area, and over 4.27 million in Greater Casablanca, making it the most populous city in the Maghreb region, and the List of largest cities in the Arab world, eighth-largest in the Arab world. Casablanca is Morocco's chief port, with the Port of Casablanca being one of the largest artificial ports in Africa, and the third-largest port in North Africa, after Tanger-Med ( east of Tangier) and Port Said. Casablanca also hosts the primary naval base for the Royal Moroccan Navy. Casablanca is a significant financial centre, ranking 54th globally in the September 2023 Global Financial Centres Index rankings, between Brussels and Rome. The Casablanca Stock Exchange is Africa's third-largest in terms of market c ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Banca D'Italia
The Bank of Italy (Italian language, Italian: ''Banca d'Italia'', , informally referred to as ''Bankitalia'') is the National central bank (Eurosystem), national central bank for Italy within the Eurosystem. It was the Italian central bank from 1893 to 1998, issuing the Italian lira, lira. Since 2014, it has also been Italy's national competent authority within European Banking Supervision. It is located in Palazzo Koch, via Nazionale (Rome), via Nazionale, Rome. History The institution was established in 1893 from the combination of three major banks in Italy (after the Banca Romana scandal).Alfredo Gigliobianco and Claire Giordano"Economic Theory and Banking Regulation: The Italian Case (1861-1930s)" ''Quaderni di Storia Economica'' (''Economic History Working Papers''), No. 5, November 2010 The new central bank first issued banknotes during 1926. Until 1928, it was directed by a general manager, after this time instead by a governor elected by an internal commission of manager ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Acceptance Credit
An acceptance credit is a type of letter of credit that is paid by a time draft authorizing payment on or after a specific date, if the terms of the letter of credit have been complied with. The bank "accepts" bills of exchange drawn on the bank by the debtor, discounts them and agrees to pay for them when they mature Mature is the adjectival form of maturity, as immature is the adjectival form of immaturity, which have several meanings. Mature or immature may also refer to: * Mature, a character from ''The King of Fighters'' series *"Mature 17+", a rating in .... There are two types of acceptance credit, confirmed and unconfirmed. Unconfirmed acceptance credit means that the buyer takes the risk that payment will not be made, due to any number of contingencies such as shipment non-delivery, confiscation by customs authorities, or any other problems. Confirmed acceptance credit means that the bank upon which the credit has been issued, essentially guarantees payment as long ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
List Of Banks In Libya ...
This is a list of banks in Libya, as reported in 2024. List of banks * Agricultural Bank of Libya, state-owned * * Aman Bank for Commerce and Investment (ABCI) * Bank of Valletta * , state-owned * Libyan Foreign Bank, state-owned * Mediterranean Bank * , state-owned * Sahara Bank, state-owned * Wafa Bank * Umma Bank * United Bank for Commerce & Investment * Waha Bank (Oasis Bank) * , state-owned See also * Banque Sahélo-Saharienne pour l'Investissement et le Commerce * List of banks in the Arab world References {{Economy of Libya Libya Banks Libya Libya, officially the State of Libya, is a country in the Maghreb region of North Africa. It borders the Mediterranean Sea to the north, Egypt to Egypt–Libya border, the east, Sudan to Libya–Sudan border, the southeast, Chad to Chad–L ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Energy Information Administration
The U.S. Energy Information Administration (EIA) is a principal agency of the U.S. Federal Statistical System responsible for collecting, analyzing, and disseminating energy information to promote sound policymaking, efficient markets, and public understanding of energy and its interaction with the economy and the environment. EIA programs cover data on coal, petroleum, natural gas, electric, renewable and nuclear energy. EIA is part of the U.S. Department of Energy. Background The Department of Energy Organization Act of 1977 established EIA as the primary federal government authority on energy statistics and analysis, building upon systems and organizations first established in 1974 following the oil market disruption of 1973. EIA conducts a comprehensive data collection program that covers the full spectrum of energy sources, end uses, and energy flows; generates short- and long-term domestic and international energy projections; and performs informative energy analyses ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
