In response to the requirements of modern management, foundations and international regulatory standards aimed at achieving the highest level of control over banks in the pursuit of protecting the rights of all related parties (shareholders - clients - deposits, etc.).
In compliance with the guidance of the Central Bank of Libya, in the account of the decision of its Board of Directors No. (20), for the year 2010, issued by the Director of Governance which was required due to the need for comprehensions and standards received by the guidance manual issued as the minimum required.
And faith from the administration of the Libyan Bank, the importance and role of governance in improving performance, the development rate, and the support of the banking sector, supporting the confidence of customers, dealing with, observing, and following the performance. Adoption of the guide to the Bank's Governance, based on the adoption of transparency principles and the importance of disclosure and strengthening of internal control and compliance with all legislation and regulations related to banking identified by the Governing Council, its responsibilities, and committees, as well as the responsibilities of the executive and their role. The guide ensures the protection of equity and investors, and all stakeholders in the Libyan Foreign Bank.
• Governance Committee
• Compliance Committee
• Risk Committee
• Audit Committee
• Nomination and Remuneration Committee