The Compliance Unit in the Libyan Foreign Bank is committed to upholding regulations, laws and guidelines, whether internal or external. It’s function is to prevent, detect and address any and all deviation, illegalities and any non compliance operations in the Bank.
In order to protect the international financial system from money
laundering and financing of terrorism (ML/FT) risks and to encourage greater compliance…
FATCA Is a United States federal law enacted in 2010 and went into
1st July, 2014. The Act combats tax evasion of US expatriates who own financial…
LFB is committed to implementing the principles of the corporate
governance guide issued by the Central Bank of Libya
The primary objective of compliance is to reduce the risk of
non-compliance through implementing instructions, requirements, and regulations
Shaping the future of banking with tailored financing solutions
New Horizons is the promise that we offer in the Libyan Foreign Bank by providing our customers with the possibilities of growth and success.
We achieve this through enhancing our services and developing innovative and high-quality banking products to suit the needs of our local market and global markets standard.