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2020-08-18 Africa North

Libyan owned Bank ABC announced its results for the first half of this year reporting a net loss of $67 million due to major client fraud

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Posted by Fred 2020-08-18 00:00|| || Front Page|| [2 views ] Top
File under: Muslim Brotherhood

#1 2010-12-14 Manama, Bahrain: Arab Banking Corporation (“ABC”) today announced that it has entered into an agreement to acquire a 49% ownership stake in Mediterranean Bank S.A.L., a Libyan bank headquartered in Benghazi, in the North East of Libya, and with branches in Tripoli and Misurata. The acquisition, which is subject to final regulatory approval from the Central Bank of Libya, is expected to close before the end of the first quarter of 2011. ABC will also manage the bank on a day-to-day basis...

Posted by b 2020-08-18 07:14|| 2020-08-18 07:14|| Front Page Top

#2 I know Big Mo had a bee up his turban about paying interest. What was his policy on paying back the principal?

Posted by Woozle Grundy1232 2020-08-18 12:24|| 2020-08-18 12:24|| Front Page Top

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