Libya opens to foreign banks, two licenses to open branches

Libya opens to foreign banks, two licenses to open branches

 According to ANSAmed (16/02/10), "CBL, Libyàs central bank, made available two licences to open foreign bank branches in Libya. The banks must be ready to take a stake of up to 49% and take care of management, while local investors will have control (51%). The news was included in an invitation to banks, including Italian ones,

http://www.ansamed.info/en/libya/news/ME02.XAM17403.html