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Central Bank Reveals National Commercial Bank as the Highest Recipient of Foreign Currency During 2023

The Central Bank of Libya published a disclosure on Sunday, detailing the total amounts sold to commercial banks in foreign currency during the year 2023, amounting to approximately 21 billion dollars. The National Commercial Bank topped the list of commercial banks in total foreign currency sold, reaching a value of nearly 2.9 billion dollars.

According to the Central Bank statement, the total amount sold to the National Commercial Bank was 2.916 billion dinars, followed by Jumhouria Bank with 2.474 billion dinars, then Wahda Bank with a value of 2.393 billion dinars, and finally, Aman Bank with a value of 2.102 billion dinars.

As for the total documentary credits during the year 2022, it amounted to about 12.5 billion dollars. The majority went to Wahda Bank with a value of 2.016 billion dinars, followed by Nuran Bank with a value of 1.546 billion dinars. The National Commercial Bank came next with a value of 1.528 billion dinars, followed by Jumhouria Bank with a value of 1.408 billion dinars.

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