Farhat Bengdara, the governor of the Central Bank of Libya talks to Stephen Timewell about the strategies in place to reform the banking sector and achieve non-oil-dependent growth.
After decades of isolation from the global economy, Libya has begun a programme of reforms to reintegrate itself and realise its full potential, which stretches from oil and gas to tourism. Stephen Timewell reports from Tripoli.
Having had a lucky escape from the global turmoil, Libya’s investment authority is determined to follow a cautious, patient approach. Writer John Hamilton.
Just as The Banker was going to press it was announced that BNP Paribas had taken a 19% stake in Libya’s Sahara Bank and with that stake acquired management control.