The Sahara Bank was established in 1964,designed by Italian Vincenzo Maria Morici.

On 22 December 1970, the Revolutionary Command issued another law "the Nationalization Decision" which demanded that all the foreign banks shares were nationalized and became completely owned by Libya

Libya

Libya is an African country in the Maghreb region of North Africa bordered by the Mediterranean Sea to the north, Egypt to the east, Sudan to the southeast, Chad and Niger to the south, and Algeria and Tunisia to the west....

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Sahara Bank is now a part of the French-based BNP Paribas

BNP Paribas

BNP Paribas S.A. is a global banking group, headquartered in Paris, with its second global headquarters in London. In October 2010 BNP Paribas was ranked by Bloomberg and Forbes as the largest bank and largest company in the world by assets with over $3.1 trillion. It was formed through the merger...

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