Principal Activities
Provides commercial banking services including deposits and loans; investment banking services including corporate finance and investment advisory on mergers and acquisitions, initial public offering and underwriting; asset management services including portfolio management.
.
Date of Establishment Year
1980 (January)
No of Employees
N/A Company, 2,466 Group (As of Jul 07, 2011)
|
Acquistion
Status
In-Process
Acquirer
Target
Announcement Date
14 Dec 2010
|
Major Shareholders  |
Section Updated: 12Sep11
|
|
|
|
|
|
|
Central Bank of Libya
|
Government |
Libya |
59.37% |
|
Kuwait Investment Authority
|
Government |
Kuwait |
29.69% |
|
Public
|
|
- |
10.94% |
Foreign Ownership Limits
Section Updated: 09Dec09
100%
GCC Nationals
100%
Foreigners
|
| Financial Results |
31-Dec-10 |
31-Dec-11 |
Yr on Yr |
| |
USD'000 |
USD'000 |
change (%) |
Total revenues  |
1,255,000
|
818,000
|
(34.82) |
Net profit  |
143,000
|
204,000
|
42.66 |
| Total assets |
28,105,000
|
25,015,000
|
(10.99) |
| Paid-up capital |
3,110,000
|
3,110,000
|
0.00 |
| Shareholders' Equity |
3,428,000
|
3,598,000
|
4.96 |
| Shares outstanding |
3,110,000
|
3,110,000
|
0.00 |
| Market capitalization |
1,586,100
|
1,306,200
|
(17.65) |
| » View Full Financials |
|