Bank ABC today hosted the Libyan state National Oil Corporation (NOC) and its subsidiaries.
The NOC reported that the meeting discussed the financing and banking services needs of its affiliated companies.
The meeting, the NOC revealed, included a presentation on the capabilities and services by Bank ABC.
Team formed to discuss project financing
During the meeting, it added, it was also agreed to form a team representing the two groups to discuss the possibilities available for financing projects and appropriate implementation methods for that.
Project financing to increase production
The NOC said the meeting came within the framework of seeking to provide financing for projects to increase production in the oil and gas sector, and under the sponsorship of the Governor of the Central Bank of Libya and the Chairman of the NOC, Farhat Bengdara.
