Al Baraka   

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Libya

Al Baraka Banking Group
Representative Office, Libya

Operated 2011 

ABG opened its new representative office in Tripoli in early 2011, in order to place the Group advantageously in the promising Libyan banking market to await the return to relative normality. The representative office supports and liaises with ABG units to establish and maintain relationships with local regulators and banks and explore appropriate opportunities for business when appropriate. Among all countries in Africa Libya has the largest certified oil reserve in the continent and among the planets suppliers of light sweet crude.
 
More than three-fourths of Libya's growing economy is believed to be predominantly propelled by its oil production sector. 96% of the country's GDP is considered to be fueled by the revenue earned from the export of oil, gas and gypsum.


 The World Bank has enlisted Libya among the few African countries with an upper middle economy, as of 2017, the GDP and GDP (PPP) capital of Libya were $29.15 billion and $14,600 respectively with population of 6,278,438.


Mr. Mohamed Elkhazmi
Chief Representative

Trepoli Tower, Tower1 
14th Floor, Office No.144
P.O. Box 93271,
Tripoli, Libya
Tel: +218 (21) 336 2310
       +218 (21) 336 2311
Mob:+218 (91) 0149330
Fax: +218 (21) 336 2312

Email: [email protected]

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