The Chairman of the Board of Directors of the National Commercial Bank, Khaled Al-Hassi, stated in a comment to our source, on the occasion of the bank’s 70th anniversary, that nearly 7 billion dinars have been settled, and provisions have risen to approximately 1.3 billion dinars to address any potential issues. This instills confidence in external correspondents when dealing with the commercial bank in foreign transactions.
Al-Hassi added that the bank’s budget is expected to exceed 500 million dinars in profits during 2024, for the first time since its establishment. This comes after avoiding the anticipated tax expenses. He further clarified that most branches in the southern region have been renovated, and some young university graduates have been hired to enhance the workforce.
Al-Hassi emphasized that the bank has settled the situation for its employees, added more than 300 ATM machines, and now has machines for both Libyan dinars and foreign currencies. He added that the bank is working on including some banks, oil companies, and insurance companies to obtain certificates in banking operations in various economic fields, including risk management, Islamic banking, and others.
Concluding his statement to our source, Al-Hassi said: “I believe that today, especially in this month, we are the only bank in Libya paying the equivalent of 2,000 dinars, unlike other banks. Moreover, all machines are functioning efficiently with financial provisions and operate 24 hours a day.”
