Umma Bank

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Umma Bank
Type	Public
Founded	1907
Headquarters	Tripoli , Libya
Industry	Finance
Products	Financial Services
Website	www.umma-bank.com

The Umma bank (Arabic: مصرف الأمة‎) (Ex-Banca di Roma) was established on April 14, 1907 under agreement between the Government of Italy and the Government of the Turkish Sultan, in the late era of Turkish rule before the invasion of Libya. On November 13, 1969 a "Revolutionary decision" (Libyanization decision) was issued which required the names of all the Commercial banks in Libya to Arabic names. In accordance with the law, it became Umma Bank, instead of Banca di Roma.

In December 22, 1970 the Revolutionary Command issued another law "the Nationalization Decision" which demanded that all the foreign banks shares were nationalized and became completely owned by Libya.