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Libyan banking sector to grow by 15% in 2013 and 2014

2013-08-12 20 Dailymotion

Marcopolis.net Video Interview with Ahmed I. Rajab, General Manager of Jumhouria Bank, the largest bank in Libya, also available here http://www.marcopolis.net/banking-sector-in-libya-15-growth-in-2013-2014-1805.htm

General Manager of Jumhouria Bank Ahmed Rajab shares his prediction for 2013-2014 banking sector. Jumhouria Bank, the largest bank in Libya, is expected to grow by 15% in 2013-2014.

Despite the increased fees associated with higher contribution to the salaries, which grew by 14% to match the level of salaries in the private sector, higher deposit insurance contributions and additional expenses associated with training of the human resources, 2013-2014 should still be profitable years for the banking sector in general.

To read the full transcript of the MarcoPolis interview with Ahmed I. Rajab, General Manager of Jumhouria Bank, the largest bank in Libya, visit Marcopolis.net http://www.marcopolis.net/jumhouria-bank-leading-the-libyan-banking-space-maintaining-top-position-3005.htm