Expertise France announced last Thursday that a three-day workshop was conducted with the Libyan Credit Information Centre (LCIC) to design and validate the regulatory framework for credit bureaus in Libya.
Expertise France explained that it is supporting the Libyan Credit Information Centre and key stakeholders to improve the credit reporting system in Libya. It is doing this by supporting enhancements to the regulatory framework for credit bureaus, strengthening the capacity of the LCIC to deliver high-quality data and provide value-added services, and increasing stakeholders’ awareness of the role and importance of credit information sharing.
The overall object of the training, Expertise France added, is to increase access to finance for MSMEs in Libya.
The workshop comes within the framework of the E-Nable project, a programme funded by the European Union and implemented by Expertise France.