All News ..All Truth.. The Libyan Platform

2025-03-16

7:32 PM

All News ..All Truth.. The Libyan Platform

2025-03-16 7:32 PM

Banking investment volume up by roughly 131 million Dinars in 2024

Banking investment volume up by roughly 131 million Dinars in 2024

A report issued by the Central Bank of Libya, titled “Key Financial Data and Indicators of Banks, revealed the volume of banking investments in joint-stock companies, both public and private, as well as other investments, up to the end of 2024.

The report clarified that the investment volume witnessed a notable increase during the past year, reaching 2.990 billion dinars, compared to 2.859 billion dinars in 2023, representing an increase of 131.6 million dinars.

The Central Bank of Libya emphasized the pivotal role that banking investments in private joint-stock companies play in this growth, contributing to a 4.6% increase in the investment volume during the past year.

The Libyan banking sector comprises 21 banks, including the Libyan Dinar Unit of the Libyan Foreign Bank, which is distributed through 672 branches and agencies across various Libyan cities.”

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