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Participation Of The NCB In Annual Arab Bankers Conference

The NCB has participated in the activities of the Arab Banking Conference 2009, held under supervision of the Arab Banking Association , and Lebanon Banking Association, under ( Arabic Intra banking Investment under New Global Economy), where the events of this conference occur in Vanessa, in Beirut through Thursday and Friday (19-20)Al Harth 2009 with the participation of more than 700 of Arab and International Bankers , among whom, Financial Ministers, Economists, and Governor of the Central Banks, and financial establishments both Arabic and foreign.

At the side works of the conference , there ahs been the participation of the NCB at the fair as part of the conference activities. It was distinguished by vitality and positiveness incarnated in the attendance of a large number of the Arabic and foreign VIP for the NCB suit among them was : Mr. Adnan Al Kassar, state Minster, and head of the Economy Institutions in Lebanon, and Mr. Adnan Ahmed Yosof, Head of the board of Directors of Arab Banking Association, Dr. Mohamed Bayt Al Mal , Head of Board of Directors of the Libyan Foring Bank, and a lot of Arabic, Local and international media.

The Media has interviewed Mr. Saied Rashwan, General Director, of the NCB, and discussed the collapses of the International Economy and its impact on the Banking Sector in Jamahiriya . Some of these Satellite chnnels is Jamhirya, Al Jazira, Russia Today, Al Mustakbal, Qurin Newspaper, Al Kifah Al Mustammar Newspaper, Association of Arab Banks Magazine, and The Development Observer Magazine.

The final Activity ceremonies witnessed the Reverence of NCB as one of the custodians of the conference, where the foreign communication Administration received the Armour of Arab Banks Association as a main participant in the conference activities.

date : 2009-12-22 15:20:19

 


National Commercial Bank contribution and its impact on the Annual Arabic Banking conference

In the framework of the NCB contribution at the annual conference activities of the Arab Bankers in the year 2009 in Lebanon, and due to the distinguished medial coverage accompanied the events and activities of this conference, and the wide range of media interest of the even . this contribution has got a notable effect reflected at the Broadcasting stations , newspaper and magazine. The Developmental Observer issued by ……. In its issue no. 217 mentioned in (Basic Stop), an interview with Mr. Saied Rashwan, General Manger of the NCB as stated:

the Arab Banking Union, has formed a very important stop this year due to the huge attendance, and vitality of the negotiations. After the consequences of the financial Internal collapse and retreat ,there should have been a recommendations aiming at the support of the capabilities and development of the banking products.

Particularly, the International financial retreat and its impact on the banking sector in Libya, Mr.Saied Rashwan indicated that the crisis has stated in the foreign countries. Thus, we see Dubai was mainly affected . In contrary, the Libyan Market and Banking Industry , as not linked to the international false economy, did not suffer such collapse.

 

The main point today is how to get out of this Crisis? The International Monetary fund declared that the Arab Economies started to overcome the primary shock. (October 2009). All indicators assure that we started the refreshing economical Phase. Euro recoded a development almost equal to 4.4%, thus, we have to enter into Investment project to improve the general status of economy.

And , as for the actual apace occupied by the NCB , Mr. Saied Rashwan has indicated the strong relation linking the Bank with the other Arab Banks, passing by the role played by the Libyan banks, in it capacity as an active member, particularly at contribution in all programs and conferences. And also to the Training Programs that aims at development of the Arab Banking Industry.

 

The Development Observer Magazine, has indicated , in the same issue, an article reviewing the NCB, edited by Saied Rashwan, the Bank General Manager, where he handled the standard developmental ratio achieved by the bank during 2008, which was estimated at (7.70) Million Libyan Dinar, with an increase of (2.637) Million Dinar and 95%. And he talked about the prospects of the banks as a milestone at the Libyan Banking Marketplace.

date : 2009-12-27 09:27:22

 


Issue of 15% share of Libyan Central Bank at National Commercial Bank for sale in Exchange Market

In response to the restructure and development of the Banking Sector in Libya, and expansion of the property foundation, Libyan central bank declares the sale of 15% of his shares of the National Commercial Bank (7.500.000) shares for Public subscription in Libyan Exchange Market and invites all Libyans and companies for subscription, provided tat the selling price is (10) L.D, with addition of 100 dirham subscription commission. Date of subscription for citizens will be by Monday: 10-01-2010. Interested are to contact Subscription Manger and financial services at the following Numbers :

0214843135 , ext.: 243-282 or 092 25060650

date : 2010-01-28 14:37:04