First Gulf Bank awaits a fresh start in Libya - The National

First Gulf Bank hopes to restart its operations in Libya after the UAE Central Bank lifted a freeze on the North African country's assets.

"There has been a very positive response so far from the United Nations and the UAE," a First Gulf Bank spokesman said. "We want to go back to the Libyan market but we are still waiting for a clear green light to do so."

The Abu Dhabi lender halted its operations in Libya last April to comply with UN sanctions after it opened its second branch in the country.

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