Tag Archives | Jumhouria Bank

EU supports SMEs through Libyan Banks

EU supports small and medium-sized enterprises through Libyan banks Within the EU4PSL project, a meeting was held on 20 December to establish founding units to support SMEs through Libyan banks. It took place at Expertise France office in Tunisia, in the presence of Dr. Mukhtar Al-Tawil, director of banking supervision, and representatives of Libyan banks: […]

CBL Denies Responsibility for Import Corruption

The Central Bank of Libya (CBL) has denied that it is responsible for corruption in the import of goods through Libya’s ports, according to a report from Libya Herald. The statement from the CBL's Media Department came after the alleged discovery of corruption in a ten-million-dinar rice import deal. It was reported that 110 containers […]

Jumhouria Bank on Mortgages and SME Loans

By Osama Humaydan. In the recent speech, Mr. Akkari, chairman of Jumhouria Bank, the largest bank in Libya, noted that the upcoming period will witness major developments by the Central Bank of Libya. These developments are related to new products and services, and, most importantly, to housing loans, which will be given out to those […]

Interview with General Manager of Jumhouria Bank

Interview with Ahmed I. Rajab, General Manager of Jumhouria Bank, the largest bank in Libya. Re-published with permission from Marcopolis. The International Monetary Fund Report stated that the central bank should make sure that the banks have sufficient capital to cover losses and continue lending during the reconstruction period. How is this actually being put […]