National Commercial Bank

National Commercial Bank (NCB) is one of the largest commercial banks in Libya. Its general management is based in the city of Al Bayda. The bank was established in 1970 as a Libyan joint-stock company with an initial capital of 500 million Libyan dinars. It was listed on the Libyan Stock Market on 22 September 2008. The Central Bank of Libya owns 74.21% of the bank, while the remaining 25.79% is held by other shareholders. NCB operates a nationwide branch network of more than 90 branches. By 2017 its assets had reached more than 22.5 billion Libyan dinars, and its net profit for that year was approximately 100 million Libyan dinars, an increase of 19% over 2016. The bank is governed by a seven-member board of directors. As of the available record, the board includes Dr. Ali Saifan as chairman, Tarek Faraj Jaballah Al-Werfalli as vice chairman, and members Naguib Rahil Salem Al-Barasi, Abdulrazzak Al-Mabrouk Mohammed Zriba, Khaled Isbaqa, and Nasser Raqas as board secretary, with Jalal Al-Nasser Al-Sadi serving as board advisor. NCB has received several recognitions, including being named Best Bank in Libya for 2010 by the international magazine The Banker, an excellence shield from Masaraat Information and Communication Technology Company for its individual and corporate sales management, recognition at the small and medium enterprises forum by the Union of Arab Banks in October 2013, and the Banking Excellence Award for 2017. Note: The supplied website hint (ncb.co.th) points to a Thai entity and does not match the Libyan bank described in the evidence; it is retained here only as the provided hint and should be verified.

National Commercial Bank (NCB) was established in 1970 as a Libyan joint-stock company with a founding capital of 500 million Libyan dinars. It grew into one of the largest commercial banks in Libya, with its general management located in Al Bayda. On 22 September 2008, the bank was listed on the Libyan Stock Market. The Central Bank of Libya holds a 74.21% stake, with the remaining 25.79% held by other shareholders. By 2017, NCB operated more than 90 branches and reported assets exceeding 22.5 billion Libyan dinars, with net profit of about 100 million Libyan dinars for the year, up 19% from 2016. The bank has received several awards, including Best Bank in Libya for 2010 from The Banker magazine, an excellence shield from Masaraat Information and Communication Technology Company, recognition at the Union of Arab Banks' SME forum in October 2013, and the Banking Excellence Award for 2017.

• 2017

  Reported assets over 22.5 billion Libyan dinars and net profit of about 100 million Libyan dinars; received the Banking Excellence Award for 2017.

• 2013

  Recognized at the Union of Arab Banks' SME forum in October 2013.

• 2010

  Named Best Bank in Libya for 2010 by The Banker magazine.

• 2008

  Listed on the Libyan Stock Market on 22 September 2008.

• 1970

  Founded as a Libyan joint-stock company with capital of 500 million Libyan dinars.

One of the largest commercial banks in Libya, state-linked through majority ownership by the Central Bank of Libya.

• Commercial banking

• Retail banking

• Corporate banking

1. 1Wikidata: NCBwikidata.org
2. 2Wikipedia (Arabic): المصرف التجاري الوطنيar.wikipedia.org