Bank of Commerce and Development: First bank to launch e-Wallet for expat residents and workers
Mar 16 Sami Zaptia

Bank of Commerce and Development: First bank to launch e-Wallet for expat residents and workers

Libya’s privately-owned Bank of Commerce and Development announced yesterday the launch of what it considered to be the first e-Wallet dedicated to fo...

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Imaar Bank holds first Board meeting after change of chairman and name – to start operating within 4 months
Sep 21 Sami Zaptia

Imaar Bank holds first Board meeting after change of chairman and name – to start operating within 4 months

The Board of Directors of the private sector bank, Imaar Bank, held its first meeting last Thursday, 18/09/2025 in the city of Derna. At the meeting,...

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Bank of Commerce and Development manager detained for misappropriating LD 12.3 million
May 22 Sami Zaptia

Bank of Commerce and Development manager detained for misappropriating LD 12.3 million

A current accounts manager at the Tripoli head office of the Bank of Commerce and Development has been detained, pending further investigation, for al...

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Berniq Airways adds fifth aircraft to its fleet - to increase destination
Feb 12 Sami Zaptia

Berniq Airways adds fifth aircraft to its fleet - to increase destination

Privately owned and Benghazi-based Berniq Airways took delivery of its fifth Airbus A320 (5A-BRE) Saturday at Benghazi’s Benina airport.Berniq reporte...

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Libya’s first Digital Bank can become a regional giant says founder Jamal Abdel Malik
Nov 14 Sami Zaptia

Libya’s first Digital Bank can become a regional giant says founder Jamal Abdel Malik

Libya’s first Digital Bank can go on to become a regional giant like Brazil’s Nubank, Jamal Abdel Malek, its founder said. He was speaking exclusively...

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Berniq Airlines to start flights to Dubai soon
Nov 13 Sami Zaptia

Berniq Airlines to start flights to Dubai soon

The private sector owned, and Benghazi based Berniq Airlines announced Thursday that it will soon start flights from Benghazi to Dubai.It did not give...

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Eastern headquartered banks to launch LD 3 bn loans initiative by year end
Nov 8 Sami Zaptia

Eastern headquartered banks to launch LD 3 bn loans initiative by year end

Three eastern Libya headquartered banks, the National Commercial Bank, the Bank of Commerce and Development and Wahda bank, are launching an LD 3 bill...

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Attorney General orders arrest of Bank of Commerce and Development employee in Benghazi for LD 12 million fraud
Oct 19 Sami Zaptia

Attorney General orders arrest of Bank of Commerce and Development employee in Benghazi for LD 12 million fraud

The Attorney General’s Office reported Wednesday that it had ordered the arrest and pretrial arrest of Bank of Commerce and Development employee, and...

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Jumhuria bank closing its doors for a week to modernise its computer system
Sep 30 Sami Zaptia

Jumhuria bank closing its doors for a week to modernise its computer system

The state owned and controlled Jumhouria Bank, Libya’s largest bank, announced Tuesday that it will close its doors from Sunday 2 October until Thursd...

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Berniq Airways to receive third aircraft within days
Sep 2 Sami Zaptia

Berniq Airways to receive third aircraft within days

The Benghazi Benina airport based privately owned Barniq Airways announced today that it is preparing to receive its third aircraft - Airbus A320 (5A-...

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