CBL to open LCs as black market dollar peaks at LD 4.50 today
Mar 9 Sami Zaptia

CBL to open LCs as black market dollar peaks at LD 4.50 today

By Sami ZaptiaLondon, 9 March 2016:The Tripoli-based Audit Bureau held a meeting in the capital today with various institutions including the Central...

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Mar 7 Sami Zaptia

CBL denies printing LD 10 bn new banknotes to fight cash shortage

By Sami Zaptia.No new bank notes to be printed says CBL (file photo)London, 7 March 2016:The Central Bank of Libya (CBL) has denied claims that it has...

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Feb 22 Sami Zaptia

ACA investigates banknote shortage, LD 10 bn new notes ordered

By Sami Zaptia.Ten billion Libyan dinars in LD 5 and LD 10 banknotes have been ordered to help alleviate the banknote shortage (Photo: Libya Herald).L...

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Feb 12 Sami Zaptia

Public Prosecutor's Office issues arrest warrants for financial corruption

By Sami Zaptia.The Public Prosecutor's Office has issued arrest warrants for financial corruption (Logo: PPO).London, 12 February 2016:The office of t...

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CBL meets businesses regarding its new regulations for opening LCs
Feb 10 Sami Zaptia

CBL meets businesses regarding its new regulations for opening LCs

By Sami Zaptia.London, 10 February 2016:The Central Bank of Libya (CBL) met with various business members and relevant organizations yesterday at its...

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CBL reduces annual hard currency transfer limit for individuals
Feb 10 Sami Zaptia

CBL reduces annual hard currency transfer limit for individuals

By Sami Zaptia.London, 10 February 2016:The Central Bank of Libya (CBL) announced today that it is reducing the annual hard currency transfer limit fo...

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Audit Bureau names and suspends four bank managers for corruption
Jan 28 Sami Zaptia

Audit Bureau names and suspends four bank managers for corruption

By Libya Herald reporter.Tunis, 28 January 2016:The Tripoli-based Libyan Audit Bureau has today suspended four bank managers for corruption. The decis...

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CBL denies responsibility for import corruption
Nov 14 Sami Zaptia

CBL denies responsibility for import corruption

By Libya Herald reporter.Tunis, 14 November 2015:The head of the Central Bank of Libya’s (CBL) Media Department, Essam El-Oul, has denied the CBL’s re...

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Nov 10 Sami Zaptia

CBL approves LD 875 million for flour import to 81 companies

By Libya Herald reporter.The CBL has approved LCs for the import of flour for subsidised bread (File photo).Tunis, 10 November 2015:The Central Bank o...

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Audit Bureau freezes 160 bank accounts amid currency smuggling, fraud and duty evasion claims
Oct 15 Sami Zaptia

Audit Bureau freezes 160 bank accounts amid currency smuggling, fraud and duty evasion claims

By Libya Herald reporter.Tunis, 15 October 2015:Libya’s Tripoli-based Audit Bureau has issued a ruling  freezing the bank accounts of 160 companies an...

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