Global Trade Alert
Global Trade Alert

Libya: New licences for foreign banks

Announcement

15 Feb 2010

In February 2010, the government of Libya announced changed rules for foreign investors.

Source

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Number of interventions

1

0 certainly harmful

0 likely harmful

1 liberalising

List of interventions

1 in force

Implementation date

15 Feb 2010

Revocation date:

No revocation date

FDI: Entry and ownership rule In force

On 15 February 2010, the Central Bank of Libya invited foreign banks to submit expressions of interest for two new bank licences. The licences would be granted for a maximum stake of 49 percent in ...

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