Promoting Confidence of Depositors
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Promoting Confidence of Depositors

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The Board of Directors of the Depositors Guaranty Fund held a meeting chaired by the chairman of the Board; the vice-chairman of the Central Bank of Libya.

The attendees discussed the agenda on the table in addition to following up the work conduct in the Fund and developing plans to reach an ideal in terms of ensuring safety of depositors' money.

Such services as guaranteeing the safety of depositors' money in the banks is considered a new service in Libyan banks.

The Fund has three types of deposits: deposits under the current accounts, term deposits and deposits of saving accounts.

The Administration of the Fund was able until now to earn 52LD million from the start of the service after the liberation of Libya 2012.