Libyan Business Council Discuss Investment Mechanism With Sahel-Sahara Bank.
Pulbished on:
Tripoli, 18 October 2020(Lana) Chairman of the Libyan Business
Council Abdullah Al Fallah has discussed with the Director General of
the Sahel-Sahara Bank of Trade and Investment, investment in Africa
and facilitating banking operations for Libyan businessmen to invest
there.
According to a statement issued by the Council, the meeting
focused on issues of common interest, and facilitation of banking
operations as well as an invitation to the banking institutions
affiliated with the bank in African states.
Aspects of cooperation and investment opportunities in the
African countries were on the agenda of the meeting, the statement
said.
The Sahel-Sahara Bank of Trade and Investment is the financial
arm of the Community of Sahel-Sahara States, with Libya holding 70%
stock, and the rest is owned by 14 African states of different
proportions. The bank also owns 80% of Al Waha Bank assets.
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