HSBC, Standard Chartered Shortlisted for Libya Entry

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Six lenders including HSBC Holding PLC and Standard Chartered PLC were short-listed for two banking licenses in Libya, the central bank of the North African oil producing nation said today.

The other four are UniCredit Group, Emirates NBD PJSC, Qatar Islamic Bank and Mashreqbank PSC, the United Arab Emirates lender owned by billionaire Abdul Aziz al-Ghurair, the Tripoli- based central bank said in an e-mailed statement.

“Application packages have been sent to the qualified banks which will have to” send them back by June 15, the central bank said.