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Exclusive: Abu Farneh to Sada: A New Investment Initiative Led by the Central Bank Through a Working Committee Active for Nine Months

Member of the Board of Directors of the Central Bank of Libya, Fakher Abu Farneh, revealed exclusively to our source that the Central Bank of Libya had formed a committee nine months ago, which launched the banking investment initiative. The initiative centers on the possibility of establishing a banking holding company, an investment bank, a group of investment funds, and a leasing company, enabling these institutions to provide opportunities for the private sector, banks, and financial institutions to invest.

Abu Farneh added that the symposium focuses on finding solutions and investment approaches for banks and the private sector to invest in profitable development projects.

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