Was established in the United Arab Emirates as per Federal Order Number(50) in 1976 as a joint venture between three countries ,the UAE,Libiya and Algeria.

The UAE federal government is a major shareholder in Al Masraf and owns 42.28%

The only bank in Libya with an offshore status established in 1972,the Libiyan foreign bank is fully woned by the central bank of Libya with an authorized capital of 3000 million Libiyan Dinars,owns 42.28% in Al Masraf

A state and commercial bank,it was established in Algeria on October 01,1967.And is wholly owned by the Algerian government. Owns 15.44% in Al Masraf