The Libyan Agricultural Bank ( ar, المصرف الزراعي) is an
agricultural development bank operating under special law and owned by the
Libyan government. Established in 1957, it provides advice and guidance on agricultural problems, advances
loans
In finance, a loan is the lending of money by one or more individuals, organizations, or other entities to other individuals, organizations, etc. The recipient (i.e., the borrower) incurs a debt and is usually liable to pay interest on that de ...
to
agricultural cooperatives, and generally assists in developing Libya’s agricultural community. The Bank operates one city branch from its headquarters in
Tripoli
Tripoli or Tripolis may refer to:
Cities and other geographic units Greece
*Tripoli, Greece, the capital of Arcadia, Greece
* Tripolis (region of Arcadia), a district in ancient Arcadia, Greece
* Tripolis (Larisaia), an ancient Greek city in ...
and another 27 branches throughout
Libya
Libya (; ar, ليبيا, Lībiyā), officially the State of Libya ( ar, دولة ليبيا, Dawlat Lībiyā), is a country in the Maghreb region in North Africa. It is bordered by the Mediterranean Sea to the north, Egypt to the east, Suda ...
. The Bank is also a member of the Near East-North Africa Regional Agricultural Credit Association (NENARACA) based in
Amman, Jordan
Amman (; ar, عَمَّان, ' ; Ammonite: 𐤓𐤁𐤕 𐤏𐤌𐤍 ''Rabat ʻAmān'') is the capital and largest city of Jordan, and the country's economic, political, and cultural center. With a population of 4,061,150 as of 2021, Amman is ...
.
[See NENARACA Website, Members section]
See also
*
Agriculture in Libya
Although agriculture is the second-largest sector in the economy, Libya depends on imports in most foods. Climatic conditions and poor soils limit farm output, and domestic food production meets about 25% of demand. Domestic conditions limit outpu ...
*
List of banks
Lists of banks are contained in the following articles:
By continent
* List of banks in Africa – Each country in Africa has a list of banks operating in that country
* List of banks in Asia – Asia has a list of banks operating in that co ...
*
List of banks in Libya
Notes
External links
Libyan Agricultural Bank
{{DEFAULTSORT:Agricultural Bank Of Libya
Banks of Libya
Agriculture in Libya
Banks established in 1957
Economy of Tripoli