1.

LAFB meaning in Governmental ?

Answer» What is Libyan Arab Foreign Bank mean?

Libyan Foreign Bank (LFB) was established in 1972 in Tripoli, Libya as Libyan Arab Foreign Bank; it was renamed Libyan Foreign Bank in 2005. It was Libya's first offshore banking institution licensed to operate internationally. The Central Bank of Libya owns 100% of LFB. The head office is located in Libya's capital Tripoli.

Since 2010, the bank owns 84% of British Arab Commercial Bank, and 68% of Banca UBAE (Est. 1972) in Rome.

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