After its withdrawal from circulation of certain banknotes, CBL reveals that currency printed unofficially in Russia totalled to 6.5 billion dinars
Oct 14 Sami Zaptia

After its withdrawal from circulation of certain banknotes, CBL reveals that currency printed unofficially in Russia totalled to 6.5 billion dinars

After withdrawing certain bank notes from circulation by the 30 September 2025, the Central Bank of Libya (CBL) announced in a statement today that th...

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CBL goes public at last about the counterfeit LD 50 notes – notes to be withdrawn until end of August
Apr 21 Sami Zaptia

CBL goes public at last about the counterfeit LD 50 notes – notes to be withdrawn until end of August

The Central Bank of Libya (CBL) finally went public today about the counterfeit LD 50 denomination. It announced that the LD 50 notes will start to be...

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Banking forum wants changes to tackle inflation and recession
Nov 8 Michel Cousins

Banking forum wants changes to tackle inflation and recession

Libya needs to make radical and rapid economic reforms if it is to have any chance of pulling itself out of the mire of stagflation, a Libyan banking...

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Central Bank of Libya’s El-Kaber and Hibri meet – launch bank’s unification process
Dec 6 Sami Zaptia

Central Bank of Libya’s El-Kaber and Hibri meet – launch bank’s unification process

By Sami Zaptia.Tripoli, 6 December 2021:The Central Bank of Libya (CBL) announced today that its Governor, Seddek El-Kaber, and Deputy Governor, Ali H...

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Aldabaiba working on reopening bank clearance system with eastern Libya despite LD 45 bn debt accrued by eastern banks during political split
Oct 13 Sami Zaptia

Aldabaiba working on reopening bank clearance system with eastern Libya despite LD 45 bn debt accrued by eastern banks during political split

By Sami Zaptia.London, 13 October 2021:Speaking at a reconciliation gathering of eastern notables and tribal leaders gathered in Tripoli Monday, Prime...

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Sep 10 Sami Zaptia

The two branches of the CBL meet to further unification efforts

By Sami Zaptia.London, 10 September 2021:The two branches of the Central Bank of Libya (CBL) met yesterday to further their stalled unification, UNSMI...

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Mar 4 Sami Zaptia

Eastern CBL Governor Hibri to retire due to lack of financing and security for his bank employees

By Sami Zaptia.Eastern CBL Governor Hibri has asked to retire (Photo: Eastern CBL).London, 4 March 2021:The Governor of the eastern Central Bank of Li...

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Financial database fundamental to building stability in Libya’s economy: CBL Beida report (1/2)
Jul 22 Sami Zaptia

Financial database fundamental to building stability in Libya’s economy: CBL Beida report (1/2)

By Sami Zaptia.London, 22 July 2020:The Financial Stability Unit of Libya’s eastern-based Central Bank of Libya yesterday released its annual report f...

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Workshop on the ‘‘Impact of Risk and Reluctance of Commercial Banks to Finance SMEs’’ makes recommendations
Mar 11 Sami Zaptia

Workshop on the ‘‘Impact of Risk and Reluctance of Commercial Banks to Finance SMEs’’ makes recommendations

By Sami Zaptia. London, 11 March 2020:The University of Benghazi’s Finance and Banking Department of its Faculty of Economy and the eastern Central Ba...

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Benghazi university and CBL workshop on bank risk and SME finance
Mar 9 Sami Zaptia

Benghazi university and CBL workshop on bank risk and SME finance

By Sami Zaptia. London, 9 March 2020:The University of Benghazi’s Finance and Banking Department of its Faculty of Economy and the eastern Central Ban...

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