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Saturday, June 23, 2007

The 1st International Libyan Conference for Development, Banking and Financing Concludes

Functions of the 1st International Libyan Conference for Development, Banks and Financing, which was organized by the National Planning Council and the National Council for Economic Development concluded in Tripoli on Tuesday evening, this is with the participation of throngs of local and international experts specialized in the banking financing from a number of finance institutions from Britain, France, Austria, Lebanon, Tunisia, Emirates, Egypt and Bahrain.

During the two day conference, the participants discussed several scientific papers, which dealt with Libyan banks, reality and horizons, reconstruction of the financial, banking and project financing sectors, the financing and investment institutions and their role in promoting economic and social activities, the inter-financial exchange, and infrastructure and financial services.

The participants recommended the need to develop and diversify financing and banking services methods which are presented by the Libyan banks to include all the methods and services which enable it to diversify income sources and to fulfill requirements of its clients.

They also recommended the formation of a work team to follow the implementation of the proposals that were reached during this conference.

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