Financial Services
Historically, the financial services sector in Libya has been dramatically under-developed, primarily as a result of international sanctions and government policy.
Financial services, often considered the backbone of any economy, has begun to emerge in Libya but are in dire need of revamping.
HB Group has invested in three main areas of the financial sector
• Banking
• Insurance
• Financial Services
The Group is one of the first private Libyan based entrants into the Libyan financial services sector. Tadawul Financial Group has been specifically created to provide financial advisory, asset management, brokerage and corporate finance services to the market. In addition, it will identify, initiate and facilitate attractive investment opportunities.
HB Group is also a major shareholder in a private Libyan Bank, private Libyan insurance company and a brokerage firm.