During the said meeting, it was agreed to sign a memorandum of understanding between the two parties. This partnership agreement will enable the BSIC subsidiaries to conduct banking operations with the African Bank for Export and Import, but also to organize joint training.
In addition, the meeting also discussed the
possibility for the Libyan State to subscribe to the capital of the African
Bank of Export and Import; this will enable Libya to make investments in the
interest of the national economy of Libya.