It has been more than four decades since The Libyan Foreign Bank (LFB) launched its business under the law No. (18), in 1972. The bank was established as a Libyan Joint Stock Company (as an offshore bank) with a capital of ten million Libyan dinars fully owned by the Central Bank of Libya.
In 2010 the extraordinary General Assembly Meeting decided to increase the authorized capital to (8.7) billion USD with a paid-up capital of (3) billion USD in April 2010.
Our goal is to build on this legacy through the accumulated experiences of our team combined with a held vision and determination of leadership that aims to capitalize on opportunities, utilize available resources, place LFB as the primary financial gateway to Libya’s economy, and contribute to the development of the economy through close cooperation in a stable financial environment