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Libya is one of North Africa's fastest growing and most exciting economies. To support and facilitate this growth, the Central Bank is leading a transformation process to equip Libya with a well-functioning, healthy, and well capitalized financial system that is properly regulated and supervised. Major foreign banks such as BNP Paribas and Arab Bank have recently entered the market. Public banks, such as National Commercial Bank (NCB), are preparing themselves to compete in the changing environment; strategic financial infrastructure, such as the new Credit Bureau, is being created under the auspices and supervision of the Central Bank. The National Commercial Bank (NCB) based in Tripoli and Al Beida is one of Libya’s leading banks. In terms of net income, NCB is the second largest bank with around LYD 4000 million; with almost 2500 employees, the Bank operates through more than 50 branches in Libya. NCB is playing a key role in the ongoing transformation process of the Libyan financial system. ...Show less