The Libyan Foreign Bank and all its subsidiaries completed the registration procedures to
comply with the US tax law.
The Central Bank of Libya has authorized the Libyan Foreign Bank in accordance with the law.
It is worth noting that the project was managed at the level of all affiliated banks through the bank's main center in Tripoli, and work is underway to take the necessary measures to ensure that the requirements of the law are met, such as training and updating work methods and automated systems.
Through its strategic projects, the bank aspires to support cooperation between the group's banks to meet international standards and requirements, which will raise the group's performance, achieve optimal utilization of its resources, and maintain the group's reputation in international forums