Libya Business News
Thursday, March 30, 2023
  • Security
  • Oil & Gas
  • Industry
  • Politics
  • Construction
  • Finance
  • Tenders
  • Transportation
  • Videos
No Result
View All Result
Libya Business News
  • Security
  • Oil & Gas
  • Industry
  • Politics
  • Construction
  • Finance
  • Tenders
  • Transportation
  • Videos
Libya Business News
No Result
View All Result
Home Banking & Finance

CBL Reduces Stake in UniCredit

12th February 2013
in Banking & Finance
CBL Reduces Stake in UniCredit
Share on FacebookShare on Twitter

Reuters reports that the Central Bank of Libya's stake in Italy's UniCredit has fallen from 4.613 percent to 2.913 percent.

The Libyan stake in Unicredit dropped below five percent after the bank’s capital increase in January 2012. Previously Libya was Unicredit’s largest shareholder; the Libyan central bank held 4.98 per cent and total Libyan presence amounted to 7.6 per cent taking into account shares held by the Libyan Investment Authority (LIA).

Both the Libyan central bank and the LIA only subscribed in part to the January 2012 rights issue. The LIA's holdings in UniCredit were unfrozen by the Court of Appeal in Rome in November.

(Sources: Reuters, CPI Financial)

Tags: Central Bank of LibyaItalyUniCredit

Latest News

Enterprise Greece Delegation in Libya to Develop Bilateral Business Ties

Enterprise Greece Delegation in Libya to Develop Bilateral Business Ties

4th October 2021
Dbaiba Meets with Eni's CEO Descalzi to Discuss Areas of Cooperation in Libya

Dbaiba Meets with Eni's CEO Descalzi to Discuss Areas of Cooperation in Libya

22nd March 2021
Latest Oil Tenders

Latest Oil Tenders

16th March 2021

Recent News

Enterprise Greece Delegation in Libya to Develop Bilateral Business Ties

Enterprise Greece Delegation in Libya to Develop Bilateral Business Ties

4th October 2021
Dbaiba Meets with Eni's CEO Descalzi to Discuss Areas of Cooperation in Libya

Dbaiba Meets with Eni's CEO Descalzi to Discuss Areas of Cooperation in Libya

22nd March 2021

Categories

  • Security
  • Oil & Gas
  • Industry
  • Politics
  • Construction
  • Finance
  • Tenders
  • Transportation
  • Videos

Menu

  • Home
  • About Us
  • Contact

Join our mailing list!

Sign-up to receive email updates on the latest news and developments.





© 2021 Libya Business News - Your Libyan business news partner

No Result
View All Result
  • Security
  • Oil & Gas
  • Banking & Finance
  • Politics
  • Industry & Trade
  • Construction & Engineering
  • Investment
  • Tenders
  • Transportation
  • Videos
  • Contact Us

© 2021 Libya Business News - Your Libyan business news partner

We use cookies on our website to give you the most relevant experience by remembering your preferences and repeat visits. By clicking “I Agree”, you consent to the use of ALL the cookies.