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Jumhouria Bank

Jumhouria Bank

Libya's Largest Branch Network - The "Friend" Bank

Established

1907 / 1970

Branches

170 Nationwide

Market Share

23.7% (2nd Largest)

Employees

5,001-10,000

Jumhouria Bank operates Libya's most extensive branch network with 170 branches nationwide, reaching "on top of mountains, across plains, in rural areas, cities and villages." Originally established in 1907 as Banco di Roma, the bank was renamed Barclays Bank in 1943 before nationalization in 1970 created Jumhouria Bank.

The 2008 merger with Umma Bank created Libya's second-largest bank by assets with 23.7% of the banking sector's total assets as of Q3 2024. As a state-owned institution serving 300,000+ clients, Jumhouria positions itself as the "Friend" Bank and "strategic partner for all projects including infrastructure and mega industrial projects."

Contact Information

Headquarters

1 Omar Al-Mukhtar Street
Tripoli, Libya

Call Center

1500

Website

jbank.ly

SWIFT Code

JAMBLYLT

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Banking Services

Corporate Accounts

Full-service corporate banking including business accounts, cash management, and treasury services for companies of all sizes.

Trade Finance

Letters of credit, documentary collections, and international trade financing through worldwide correspondent banking network.

Salary Processing

Efficient payroll management and salary disbursement services for businesses and government entities.

Infrastructure Financing

Strategic partner for infrastructure and mega industrial projects throughout Libya's reconstruction and development.

Islamic Banking

Sharia-compliant products and services. Pioneer of Libya's Islamic banking with first Islamic branch in 2013.

Retail Banking

Personal accounts, savings, loans, and consumer banking services across all 170 branches.

Digital Banking Solutions

Masrifi Plus Mobile App

Modern mobile banking application providing 24/7 access to banking services:

  • Balance inquiries
  • Fund transfers
  • Bill payments
  • Account management
  • Transaction history

ATM Network

Extensive ATM coverage across Libya providing cash withdrawal, balance inquiry, and other self-service banking options.

Islamic Banking Pioneer

First Islamic Branch in Libya

Fashloum Branch became Libya's first Islamic banking branch in 2013, pioneering Sharia-compliant financial services in the country.

Sharia-Compliant Products

  • Islamic current accounts
  • Murabaha financing
  • Islamic investment products
  • Profit-sharing arrangements
  • Interest-free banking solutions

Market Leadership

170

Branches Nationwide

Most extensive network in Libya

23.7%

Market Share by Assets

Second-largest bank (Q3 2024)

300K+

Clients Served

Individuals and businesses

33%

Approximate Market Share

Leading retail banking presence

Part of Libya's "Big Four"

Jumhouria Bank is one of four major banks controlling 65.9% of Libya's banking sector assets, providing critical financial infrastructure for the nation's economy.

Over a Century of Banking Heritage

1907

Established as Banco di Roma, beginning operations in Libya under Italian administration

1943

Renamed Barclays Bank following Allied occupation during World War II

1970

Nationalized and renamed Jumhouria Bank, becoming a state-owned Libyan institution

2008

Merger with Umma Bank created Libya's second-largest bank with capital of 20 billion LYD

2013

Fashloum Branch becomes Libya's first Islamic banking branch, pioneering Sharia-compliant services

2024

Operates 170 branches with 23.7% market share and extensive digital banking capabilities

International Banking Network

Worldwide Correspondent Banking

Jumhouria Bank maintains correspondent banking relationships worldwide through SWIFT code JAMBLYLT, facilitating:

  • International wire transfers
  • Foreign currency exchange
  • Trade finance documentation
  • Letters of credit processing
  • International payment settlements
  • Cross-border transactions

Libya's Most Accessible Banking Network

170 branches reaching every corner of Libya - from mountains to villages

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