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loans

dr55

Are bank loans granted to employees in Libya?

See also

Living in Libya: the expat guideSending / transfer money outside LibyaCanadian can open a account in LibyaMoney Remittance From Libya to PhilippinesVitrual Pre Paid card from Libya
Siddiqui

Oil company employees seem to benefit from car and other various loans.

From what I understand, locals working in established national corporations (ZOC, HOO, Waha.....) can get INTEREST FREE car loans for 5 year terms. They have to pay a loan processing fee, get approved and wait for the paperwork to be processed to get the money.

This is unsecured loan...........

dr55

I ask you whether employed foreign workers can take credit.

Miguel_CTR

I would like to bring a little tiny question about this matter.

If a foreign worker cannot open a bank account, how can he get any kind of loan/credit?

Siddiqui

no credit facilities for foreigners.............. BYOC!!!

gabacho

Miguel_CTR wrote:

I would like to bring a little tiny question about this matter.

If a foreign worker cannot open a bank account, how can he get any kind of loan/credit?


Foreign workers can open bank accounts.