Aman Bank

What Aman Bank does

Aman Bank is a privately-held Libyan commercial bank established in 2003, headquartered in Tripoli, operating under Central Bank of Libya supervision. It serves individual consumers, small and medium businesses, multinational corporates, government institutions, and diaspora customers through 34+ physical branches spanning Tripoli (with multiple sub-branches), Benghazi, Misrata, Tobruk, Ajdabia, Zliten, Zuwara, and other Libyan cities, complemented by ATMs, self-service kiosks, electronic branches, and POS terminals.

The bank has built a broad multi-channel digital banking platform anchored by Aman Mobile (iOS/Android) with 103+ services, Aman Online Banking, Aman Pay QR (Mastercard-powered contactless payments), WhatsApp and Viber banking, and three AI-powered customer touchpoints: Maarya (24/7 voice assistant for phone banking in Arabic and English), Dareen (Facebook Messenger chatbot powered by Oracle International), and Aman GPT (AI-driven account opening). The card portfolio spans 16+ products including Mastercard (Platinum, World, World Elite, biometric with fingerprint sensor, virtual prepaid), Visa (debit, Virtuon virtual), and American Express (Green, Gold, Platinum). Corporate offerings include trade finance (Letters of Credit, Guarantees), treasury services, SWAP and forward contracts, and SWIFT/Western Union remittance. Islamic Banking provides Sharia-compliant products (Murabaha, Musharaka, Mudharaba, Ijarah, Istisna, Al Wakala Bil Istithmar).

Revenue is generated across interest income from lending, transaction fees (SWIFT/Western Union/ATM), card services (issuance, annual and interchange fees on Mastercard/Visa/Amex), trade finance fees, subscription and usage fees on digital platforms, and merchant services (1.5% commission on Aman Pay QR transactions; 1.5% bank commission on Western Union transfers). Customer segments are segmented horizontally across retail, corporate, private banking, government/institutional, women (dedicated women-only branches), special needs, and Islamic banking customers.

Name

Aman Bank

Legal name

Aman Bank

Website

https://aman-bank.com

Company type

Private

Founded year

2003

Operating status

Operating

Headcount range

5,001–10,000 employees

Short description

Aman Bank is a Libyan commercial bank established in 2003 serving individuals, businesses, government institutions, and diaspora customers through 34+ branches and a multi-channel digital platform featuring 103+ mobile services and AI-powered banking assistants.

Ownership category

akta.pro rank

Product category

Commercial Banking

NAICS

Commercial Banking (52211), Commercial Banking (522110), Depository Credit Intermediation (5221), Credit Card Issuing (522210)

SIC

National Commercial Banks (6021), Personal Credit Institutions (6141), Miscellaneous Business Credit Institution (6159)

akta.pro primary industry

Shariah-compliant Financing Products (Murabaha, Ijara, Tawarruq, Istisna, Salam) (FSABAGAH)

akta.pro secondary industries

Islamic Corporate Banking (FSABAGAC), Islamic SME & Commercial Banking (FSABAGAB), Islamic Transaction Banking (Cash Management & Treasury Services) (FSABAGAF), Islamic Deposit & Account Products (Current/Savings/Investment Accounts) (FSABAGAI)

Keywords

• Retail banking services
• Corporate banking services
• Islamic banking products
• Digital banking platform
• Trade finance services

Headquarters

HQ city

Tripoli

Offices22 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Infrastructure, Marketing or Sales, Others

Revenue model

1. Interest Income: Traditional banking interest income from lending and credit products
2. Transaction Fees: Fees from wire transfers (SWIFT, Western Union), ATM withdrawals, and payment processing
3. Card Services: Income from card issuance, annual fees, and interchange fees on Mastercard, Visa, and American Express transactions
4. Trade Finance Services: Fees from letters of credit, guarantees, and trade finance instruments
5. Digital Banking Services: Subscription and usage fees for online and mobile banking platforms
6. Merchant Services: POS terminal fees and QR payment processing fees from merchants (1.5% commission on Aman Pay QR)

Pricing tiers

Go-to-market motion1 record

Distribution channels11 records

Marketing channels12 records

Core offering

Aman Bank is a Libyan commercial bank providing retail and corporate banking services including current accounts, debit and credit cards, mobile and online banking, domestic and international money transfers, trade finance, treasury management, FX hedging, and Sharia-compliant Islamic banking products. It distributes services through 34+ physical branches, ATMs, self-service kiosks, a mobile app with 103+ services, WhatsApp/Viber banking, AI virtual assistants (Maarya, Dareen, Aman GPT), and Mastercard/Visa/American Express card networks across Libya and internationally.

Product overview

Aman Bank is a Libyan commercial bank established in 2003 offering a comprehensive multi-channel banking platform. The core offerings consist of Personal Banking (current accounts, cards, digital banking), Corporate Banking (trade finance, treasury management), and Islamic Banking (Sharia-compliant products). The product portfolio includes mobile banking (Aman Mobile with 100+ services), online banking, QR payments (Aman Pay QR powered by Mastercard), WhatsApp/Viber banking, AI virtual assistants (Maarya voice-based, Dareen chatbot, Aman GPT for account opening), and an extensive card portfolio including Mastercard, Visa, American Express (Green, Gold, Platinum), biometric cards, and virtual prepaid cards. Corporate services encompass trade finance instruments (Letters of Credit, Guarantees), treasury services, and SWIFT/forward contracts. Islamic Banking offers Murabaha, Musharaka, Mudharaba, Ijarah, and Istisna financing. The bank operates self-service kiosks, POS terminals, and MPGS e-commerce gateway, with 24/7 customer support via Maarya phone service and Dareen Messenger chatbot.

Differentiator

Problem solved

Functional benefit

Brands

• Aman Mobile: Mobile banking application providing over 103 banking services for account management, money transfers, and card services
• Aman Pay QR
• Maarya (ماريا)
• Dareen (دارين)
• Aman GPT
• Aman Secure
• Aman Online Banking
• Women Branch

Products and services

• Aman Mobile Banking Application

Quantifiable outcome

• 103+ banking services available via mobile app
• +3 more outcomes

Named customers5 records

Segments7 records

Ideal customer profiles5 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration8 records

AI capability5 records

Feature10 records

Partnerships

Seven partnerships are on record, tiered core.

• MastercardcoreTechnology or Integration · 1 January 2020International payment network partnership for card services. Aman Bank offers Mastercard products including Platinum, World, World Elite, and virtual prepaid cards. The partnership also includes biometric card technology and QR payment services (Aman Pay QR).
• VisacoreTechnology or Integration · 1 January 2020International payment network partnership for Visa debit and credit cards including Practical Visa, Prestige, and Virtuon virtual cards.
• American ExpresscoreTechnology or Integration · 1 January 2020Partnership for premium card products including American Express Green, Gold, and Platinum cards for high-end customers.
• Western UnioncoreTechnology or Integration · 1 January 2020International money transfer service allowing customers to send and receive funds globally. Daily transfer limit of $5,000 with 1.5% bank commission.
• Oracle InternationalcoreTechnology or IntegrationTechnology provider for AI-powered virtual assistant Dareen, enabling conversational banking through Facebook Messenger platform.
• Facebook MessengercoreTechnology or IntegrationPlatform for Dareen chatbot service, enabling customers to access banking services through Facebook's messaging platform using AI from Oracle International.
• Central Bank of LibyacoreOthersRegulatory partner governing banking operations in Libya. Aman Bank operates under Central Bank of Libya supervision and follows CBL directives including compliance requirements and KYC standards.

Scale indicators7 records

Recent moves6 records

Expansion highlights6 records

Regional players

• Attijariwafa Bank: Morocco's largest commercial bank with a strong North African retail and corporate franchise. It is comparable to Aman Bank as a regional commercial bank with multi-segment offerings (retail, corporate, Islamic) but serves primarily Moroccan and Moroccan-adjacent North African markets rather than Libya.
• Banque Extérieure d'Algérie: Algeria's leading commercial bank with a national branch network and trade finance focus. Comparable to Aman Bank as a North African commercial bank heavily oriented toward trade and corporate banking, though operating primarily in the Algerian market.
• Banque Misr: One of Egypt's largest state-owned commercial banks offering retail, corporate, and Islamic banking across an extensive domestic branch network. Comparable as a regional North African universal bank with both conventional and Islamic product lines and an established card portfolio.

Broad incumbents

• Emirates NBD: One of the largest banks in the UAE with a comprehensive retail, corporate, Islamic, and private banking offering and aggressive digital transformation. Comparable to Aman Bank as a broad- incumbent universal bank in the MENA region with similar multi-segment product breadth, though at significantly greater scale.

Direct peers

• National Commercial Bank (Libya): Libyan commercial bank offering retail and corporate banking services. It competes directly with Aman Bank for Libyan retail deposits, SME lending, and trade finance business, with a similar product portfolio spanning current accounts, cards, and digital channels.
• Jumhouria Bank (Libya): One of Libya's largest state-linked commercial banks offering retail, corporate, and Islamic banking services with a much larger nationwide branch and ATM network. It is the closest direct competitor to Aman Bank in the Libyan commercial banking market, competing for the same retail, SME, and corporate deposit base.
• Libyan Arab Foreign Investment Company: Libyan financial institution with both banking and investment activities, including deposit and lending operations. It competes with Aman Bank in corporate finance and cross-border banking services within Libya.
• Sahara Bank Libya: Established Libyan commercial bank providing personal, corporate, and Islamic banking services across multiple branches. It is a direct competitor to Aman Bank, targeting overlapping retail and SME customer segments with comparable product breadth in the Libyan market.
• Bank of Commerce and Development (Libya): Libyan commercial bank providing personal and corporate banking services with international correspondent relationships. It is a comparable domestic peer competing for the same Libyan corporate and retail customers as Aman Bank.

Emerging players

• Al Baraka Banking Group: Bahrain-headquartered Islamic banking group operating across the MENA region with full Sharia-compliant product suites. Comparable to Aman Bank's Islamic Banking segment as a peer in Islamic finance products (Murabaha, Ijarah, Musharaka), though operating at a much broader regional scale.

Market position

Strengths4 records

Weaknesses5 records

Competitive moat6 records

Key risks6 records

Key highlights6 records

Customer concentration

• Xx.com/AmanBankToday
• YouTubeyoutube.com/channel/UCKwgyBtzKXxBV-pFQYs-12w
• Facebookfacebook.com/BANK.AMAN.LIBYA
• LinkedInlinkedin.com/company/aman-bank-for-commerce-and-investment
• Instagraminstagram.com/amanbanklibya

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Aman Bank