Tag Archives | microcredit

Libya’s First Microcredit Agency Launched

Expertise France and the Government of the United Kingdom support the creation of the first microcredit agency in Libya Expertise France, the French technical assistance agency, in partnership with Assaray Trade and Investment Bank (ATIB), has launched the first microfinance institution in Libya – Namaa Tamweel. The €2-million project is financed by the UK government […]

Employees Strike at Rural Bank

Employees of the Rural Bank went on strike on Thursday. According to Libya Herald, they are demanding a pay rise and an Extraordinary General Meeting (EGM) of shareholders as quickly as possible to appoint a board of directors to run the bank in place of the current steering committee. They also demanded further investment in […]