Use of card and e-payments on the increase – helping to resolve Libya’s bank cash liquidity problem
Dec 10 Sami Zaptia

Use of card and e-payments on the increase – helping to resolve Libya’s bank cash liquidity problem

Electronic payments and debit card use have risen considerably in Libya over the last year. This is the considered view of Musbah Al-Akkar, former cha...

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Jumhuria bank officials detained pending case for LD 10 million fraud
Jan 13 Sami Zaptia

Jumhuria bank officials detained pending case for LD 10 million fraud

The Public Prosecutor, in the Attorney General’s Office ordered the detention, pending trial, of the Assistant of the General Department of Settlement...

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Three gang members imprisoned for attempted fake cheque LD 40 million fraud at Jumhuria bank
Dec 7 Sami Zaptia

Three gang members imprisoned for attempted fake cheque LD 40 million fraud at Jumhuria bank

The Attorney General’s Office announced on Wednesday that three members of a gang were arrested, pending trial, accused of attempting to defraud Jumhu...

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With the launch of new services and products, National Commercial Bank apologises and promises to improve services
Sep 14 Sami Zaptia

With the launch of new services and products, National Commercial Bank apologises and promises to improve services

Musbah Akkari, the new chairman of the state National Commercial Bank (NCB), one of the largest banks in Libya, has apologised to customers and promis...

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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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