Alubaf Arab International Bank is a locally incorporated bank in the Kingdom of Bahrain confirm that the Bank does not fall under the recent UN or US treasury transactions on Libya which primarly blocks the assets to the extents that such assets are in the US or are in the possesion or control us persons of various individuals and entities in Libya of Entities controlled by them.

As per the department of treasury executive ordeal of General License No.1 Dated February 25th 2011 "All transations are authorised with financial institutions owned or controlled by the government of Libya that are organised under the law of the country other thann Libya

Ahmed Rajab, the General Manager stated that no assets are freezed and normal banking business is continued with all United States and other correspondents as usual and assure that the Bank is committed to the guidelines of regulatory authority.