{"id":16643,"date":"2016-03-22T11:22:54","date_gmt":"2016-03-22T11:22:54","guid":{"rendered":"https:\/\/newcbl.demo.ly\/en\/unicredit-starts-a-new-beginning-with-its-libyan-shareholders\/"},"modified":"2023-05-21T12:23:05","modified_gmt":"2023-05-21T12:23:05","slug":"unicredit-starts-a-new-beginning-with-its-libyan-shareholders","status":"publish","type":"post","link":"https:\/\/cbl.gov.ly\/en\/unicredit-starts-a-new-beginning-with-its-libyan-shareholders\/","title":{"rendered":"UniCredit starts a new beginning with its Libyan shareholders"},"content":{"rendered":"<p><strong><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter\" src=\"https:\/\/cbl.gov.ly\/eng\/images\/stories\/uni.jpg\" alt=\"uni\" width=\"707\" height=\"376\" \/><\/strong><\/p>\n<p><strong>T<\/strong>he biggest Italian bank UniCredit resumed business relations with its Libyan shareholders after temporary confiscation of Libya assets in Italy. The Italian bank has mentioned in a statement published on Wednesday, that the Chairman of the Board of Directors, Mr. Giuseppe Vita, and the Chief Executive Officer, Mr. Federico Ghizzoni, had a meeting with the Governor of the Central Bank of Libya, Saddek Elkaber, and the head of the Libyan Investment Authority, Mr. Abdulrahman Ben Yezza. It also states that,<strong>\u201cAll parties have agreed on the idea of resuming cooperation that has been stopped the last few years.\u201d<\/strong> UniCredit has acknowledged that the documents presented during the annual meeting of shareholders prove that the Central Bank of Libya with its partner Libyan Foreign Bank own <strong>2.914%<\/strong> and the Libyan Investment Authority owns<strong> 1.25%<\/strong>. Originally, the Italian authorities confiscated the Libyan assets in 2012 worth more than<strong>1.1 billion Euros (1.25 Billion Dollars)<\/strong> stating that the assets are to return to Muammar Ghadaffi's family at the request of the International Criminal Court which included the UniCredit frozen shares.<\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The biggest Italian bank UniCredit resumed business relations with its Libyan shareholders after temporary confiscation of Libya assets in Italy. The Italian bank has mentioned in a statement published on Wednesday, that the Chairman of the Board of Directors, Mr. Giuseppe Vita, and the Chief Executive Officer, Mr. Federico Ghizzoni, had a meeting with the [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":16645,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[48],"tags":[],"class_list":["post-16643","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news"],"acf":[],"_links":{"self":[{"href":"https:\/\/cbl.gov.ly\/en\/wp-json\/wp\/v2\/posts\/16643","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/cbl.gov.ly\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/cbl.gov.ly\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/cbl.gov.ly\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/cbl.gov.ly\/en\/wp-json\/wp\/v2\/comments?post=16643"}],"version-history":[{"count":7,"href":"https:\/\/cbl.gov.ly\/en\/wp-json\/wp\/v2\/posts\/16643\/revisions"}],"predecessor-version":[{"id":19735,"href":"https:\/\/cbl.gov.ly\/en\/wp-json\/wp\/v2\/posts\/16643\/revisions\/19735"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/cbl.gov.ly\/en\/wp-json\/wp\/v2\/media\/16645"}],"wp:attachment":[{"href":"https:\/\/cbl.gov.ly\/en\/wp-json\/wp\/v2\/media?parent=16643"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/cbl.gov.ly\/en\/wp-json\/wp\/v2\/categories?post=16643"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/cbl.gov.ly\/en\/wp-json\/wp\/v2\/tags?post=16643"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}