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ABC Bank CEO in Bahrain Announces Launch of Central Bank of Libya’s Technology Department with Three Key Projects, Including Instant Payment

The CEO of ABC Bank in Bahrain, Sael Al-Waari, stated in an exclusive interview with our source regarding the Innovation and Digital Transformation Forum in financial services that today marks the launch of a significant department at the Central Bank of Libya – the Technology Department – with three projects: Instant Payment, EKYC, and Open Banking. These projects provide an opportunity for all banks to be interconnected.

Al-Waari added that such steps are crucial for the development of banks and digital transformation in Libya.

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