JumhouriaBank Competitors

The National Commercial Bank was established as a Libyan joint-stock company with a capital of 500 million Libyan Dinars, in accordance with the provisions of Law No. 153 of 1970, issued on December 22, 1970. Since its establishment, the Bank has expanded its branch network to 90 branches nationwide and achieved record growth in its assets, which exceeded 19.71 billion Libyan Dinars in 2024. Guided by a clear vision, ambitious objectives, and well-defined strategies, and supported by the dedication of its employees, the National Commercial Bank has successfully positioned itself as a leading institution in the local market, with a growing presence at the regional and international levels. By adhering to the bank's core culture and principles, we have been able to implement fundamental and qualitative changes and gain the trust of our customers and investors as a leading choice in the local market for providing the best financial services and products with the highest returns.

Libya Africa Investment Portfolio (LAIP), established in 2006 and it is owned by the Libyan Investment Authority (LIA). Our purpose is to seek investment opportunities and build a diversified and balanced portfolio that includes firms operating in diversified industries and regions as part of our nation’s overarching growth and development strategy. We also aim to achieve sustainable long-term returns that preserve and enhance the fund`s wealth across numerous industries, geographies, asset classes and investments by engaging in different sectors. LAIP seeks out opportunities that guarantee growth as well as long-term partnerships using various investments strategies. We focus on industries that are proven competitive and that comprise successful models with strong foundations that other business and clusters can be built around. We see investment as a way to promote growth in the region and beyond as well as inside Libya. The firms and opportunities in our portfolio all demonstrate these fundamentals that ensure long-term, sustainable growth, which in turn produce maximum returns. We work to create sustainable financial returns as well as build businesses, clusters of expertise and new industries. At LAIP we have a diverse portfolio of opportunities and investments that yield maximum returns over the long term.

LFB was founded in 1972 as a foreign-banking entity owned solely by the Central Bank of Libya, with a clear purpose: to conduct our nation’s banking and investment business and activities abroad. We aspire to play a leading role in maintaining a prosperous, successful, and wide-trading North Africa linked with countries all over the world. We strike to be regarded as the leading banking and investment portal in the region, a highly trusted partner building cooperation across continents, and an exemplary employer and member of the business community. With our unique experience and understandings gained over the past half-century, we continue to bring together opportunities and resources with the people who can use them to build new and better futures for all, aiming to help stimulate sustainable and inclusive economic growth through confident cooperation in a stable financial environment. To achieve this, we have built up an extensive international presence through our partnered banks abroad and our subsidiaries, totalling 46 investments in the Middle East and North Africa, Europe, Asia and South America. Our customers include governmental organisations, financial institutions such as commercial banks, and corporate entities inside and outside Libya. We are proud to answer to these and all our stakeholders including our team, our subsidiaries and partners, our communities and nation, our regulators, and our owner, the Central Bank of Libya. Through continual improvements to our services, we demonstrate our ongoing commitments to the core banking values of integrity, safety, confidentiality, transparency, and innovation – and show our respect for the trust confided in us by our stakeholders. Every day, we work to instil and apply these best banking principles to serve our customers and stakeholders, our communities inside and outside the bank, and all our partners worldwide.