User:M.marmouri/sandbox
| File:Andalus bank logo.jpg | |
Native name | مصرف الأندلس |
|---|---|
| Company type | Public |
| Industry | Banking |
| Founded | 2017 |
| Headquarters | Tripoli, Libya |
| Products | Retail banking, Corporate banking, Islamic banking |
| Services | E-banking, digital banking, letters of credit, guarantees, money transfers |
| Website | www.andalusbank.com |
Andalus Bank (مصرف الأندلس) is a Libyan Islamic commercial bank headquartered in Tripoli. It was established in 2017, received its license from the Central Bank of Libya in 2020, and began operations the same year. As part of Libya’s private banking sector, Andalus Bank provides Sharia-compliant retail and corporate banking services and has been noted for its role in digital banking and modern branch design.[1]
History
[edit]Andalus Bank held its IPO in May 2017. In March 2020, it received its license from the Central Bank of Libya, authorizing a paid-up capital of 100 million LYD and total capital of 250 million LYD.[2]
Headquarters and branches
[edit]The bank’s head office is located in Tripoli Tower 2 (floors 17–18) on Al-Kurnish Road, with general administration offices in Palestine Square (Al-Sareem Street), Tripoli.[3][4]
Services
[edit]The bank offers Sharia-compliant retail and corporate banking products, including e-banking, digital banking, letters of credit, guarantees, money transfers, and customer information resources.[5]
Technology
[edit]Andalus Bank utilizes Oracle’s FLEXCUBE core banking system and Oracle Banking Digital Experience to support its digital operations.[6]
International operations
[edit]For international banking transactions, Andalus Bank operates under the SWIFT/BIC code ANLSLYLTXXX.[7]
Role in Libyan banking
[edit]As a private-sector bank, Andalus is considered part of Libya’s evolving commercial banking landscape, often described as more agile and customer-focused than state-owned banks.[1]
Architecture
[edit]Several of the bank’s branches have been profiled in architectural and design outlets for their contemporary interiors, which feature minimalist color schemes, open layouts, and modern furnishings.[8][9][10]
Gallery
[edit]-
Exterior of Andalus Bank branch
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Interior waiting area
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Customer service desks
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Private office interior
National role
[edit]The bank contributes to Libya’s digital transformation agenda, including participation in the country’s first e-payment forum and interbank cooperation on financial technology initiatives.[11]
See also
[edit]References
[edit]- ^ a b "Andalus Bank opens three years after IPO". Libya Herald. 14 July 2020.
- ^ "Al-Andalus Bank Secures License from Libyan Central Bank". Libya Review. 29 March 2020.
- ^ "Andalus Bank company profile". Dun & Bradstreet.
- ^ "Commercial Banks". Central Bank of Libya.
- ^ "Andalus Bank – Official Website".
- ^ "African Banks Transform Operations and Customer Experience with Oracle". Oracle. 12 February 2020.
- ^ "Andalus Bank SWIFT Code". RemitFinder.
- ^ "Al-Andalus Bank – Project Portfolio". Terrace.
- ^ "Al-Andalus Bank". Archilovers.
- ^ "Al-Andalus Bank Interior Design". Behance.
- ^ "Libya hosts first E-Payment Forum". Libya Observer.