Aman Bank was one of the first banks that started operating during that time in accordance with Banking Law no.(1/1993). This latter was later replaced by Banking Law no.(1/2005) which defines in Article (65) the authorized activities allowed to be performed by any commercial bank in Libya.
Aman Bank for Commerce & Investment was established in 2003 under permit no.(140) issued by the Minister of Finance with approval from Central Bank of Libya in accordance with Banking Law no.(1/1993).
The development of the Aman Bank has been always a remarkably consistent goal of its founders whether in terms of financial position or regarding the expansion of its services and competition capabilities.
After 18 years of expertise working with different international institutions in the Libyan Market. Aman bank has become the largest Private Libyan bank, with 100 million LYD on capital, fully owned by private Libyan investors. It is scheduled a Capital Increase up to 200 million LYD in October 2018. therefore, becoming the largest private financial institution in Libya having net assets (circa LYD 1.5 bn at 31 Dec. 17).
Besides, it has turned into the leading financial institution in electronic payments, with over 120 ATMs and over 750 POS with an average of 40 % market share in the Libyan banking market with approximately 1.300.000 Clients.