In line with the recommendations of the Banking Sector Development Forum in its first edition regarding activating the role of banks in financing and supporting small and medium enterprises, on the sidelines of the second edition of the annual forum for the development of the banking sector in Libya, which was held at the Tibesti Hotel in Benghazi in 2018, the Bank of Commerce and Development launched the “Waad” fund to finance small and medium enterprises with a value of 150 million Libyan dinars.