Libya’s Business Technology Forum meets in October

August 12, 2022

(3 minutes read)

Libya’s Business Technology Banking Forum 2022 (Business Tech 2022) will be held in Tripoli from 15 to 16 October. The forum and exhibition concerned with banking and business technology are supported by the Central Bank of Libya

It will have the participation of all banks operating in Libya including foreign banks, exchange companies, Insurance companies, Information technology, and technology services companies, Communications companies, Competent and interested external parties attending the forum, Libyan and foreign investment bodies, and institutions, and approved government ministries

The two-day forum will witness an in-depth discussion by financial and banking experts drawn from local banks and Arab countries, in addition to regional and international experts. Besides the heads of a number of Libyan banks, the event’s participant list will be exhaustive to create the right forum for discussing vexatious issues confronting the country.

If one goes by the earlier pattern of organizing the event, there will also likely be an exhibition on the sidelines of the forum, of institutes, banks, and sponsoring companies that provide services to the financial and banking sector, to create opportunities to establish and develop business relations between them. The Forum is fast emerging as an important annual event

Undeniably, the Libyan banking sector has been suffering performance deficiencies for decades, which has led to delays in its growth and in the growth of Libya – an oil exporting country with huge overseas investments and foreign currency reserves.

https://trendsnafrica.com/pipeline-rupture-in-libya/

https://trendsnafrica.com/libya-loses-thousands-of-tonnes-of-oil-due-to-a-broken-pipeline/

The CBL was founded in 1955 and started its operations on 1 April 1956 under the name of the National Bank of Libya to replace the Libyan Currency committee which was established by the United Nations and other supervising countries in 1951 to ensure the well-being of the weak and poor Libyan economy.