Al-Andalus Bank Secures License from Libyan Central Bank


An official source at Al-Andalus Bank issued a statement to local media, that the Central Bank of Libya has granted the bank permission practice its activities.

The statement stated that the bank will open in the coming period in Tripoli, confirming that the bank’s capital is 250 million Libyan Dinars, and the paid up capital is 100 million.

The source revealed that the Bank of Andalusia is an “Islamic Bank” and will work with a modern and developed systems to provide a wide array of services.