Libyan Foreign Bank launches Strategic Priorities Plan

In its effort to implement its vision of stabilizing the bank’s situation and protecting its assets. The Libyan Foreign Bank’s Management Committee launched a workshop focused on implementing the strategic priorities of the bank.  The workshop was held on Monday September 13,2021, at Corinthia Hotel in Tripoli, and was attended by the bank management team and facilitated by consultants from Deloitte and Touche.
The Management Committee and Executive team, through its plan, aspires to overcome the challenges faced by the bank during the previous years, and to tackle a number of important issues, especially the issue of distressed bonds, revaluation and development of the bank’s investments, protecting the bank’s assets, as well as solidifying the bank’s lines of defense to ensure compliance with international laws and controls, and global best practices.  In addition, the workshop aims to adopt a plan for capacity building and training its employees, and other initiatives adopted by the Management Committee.  A Project Management Office (PMO) utilizing both local and international experts will manage these projects.
Libyan Foreign Bank Management Committee expressed at the launch that the time has come for the Libyan Foreign Bank and its employees to reinstate its place as a prestigious institution that the founders of the bank had set.