CBL Governor urges executive authorities to take measures to close unlicensed foreign exchange bureaux, prohibit imports outside the banking system
Dec 19 Sami Zaptia

CBL Governor urges executive authorities to take measures to close unlicensed foreign exchange bureaux, prohibit imports outside the banking system

The Governor of the Central Bank of Libya, Naji Issa, has sent several letters, widely leaked today to Arabic-language Libyan media, to the Tripoli ba...

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PM Aldabaiba meets CBL Governor Issa to follow up on financial situation and efforts to ensure provision of cash and improve level of banking services
Dec 18 Sami Zaptia

PM Aldabaiba meets CBL Governor Issa to follow up on financial situation and efforts to ensure provision of cash and improve level of banking services

With the background of global prices of a barrel of oil (Brent Crude) falling to US$ 55, negatively affecting the Libyan state’s main revenue, the Lib...

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Banking Forum in Tunis Concludes with Strong Calls for Monetary Discipline, Exchange Rate Policy Reform, and Structural Financial Overhaul
Dec 9 Sami Zaptia

Banking Forum in Tunis Concludes with Strong Calls for Monetary Discipline, Exchange Rate Policy Reform, and Structural Financial Overhaul

The 6th Annual Libyan Banking Sector Development Forum (SDF) held in Tunis from 7 to 8 December concluded optimistically yesterday with a set of stron...

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CBL issues new licenses to another 91 FX Bureaux – but no announcement of when they may start trading as the LD plunges to 8.17 per dollar
Dec 9 Sami Zaptia

CBL issues new licenses to another 91 FX Bureaux – but no announcement of when they may start trading as the LD plunges to 8.17 per dollar

‎The Central Bank of Libya (CBL) announced today the granting of new final practice permits to 91 companies and foreign exchange bureaux. The announc...

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CBL Governor Issa announces three strategic initiatives to build a stronger banking sector at 6th Banking Sector Development Forum in Tunis 7 to 9 December
Dec 7 Sami Zaptia

CBL Governor Issa announces three strategic initiatives to build a stronger banking sector at 6th Banking Sector Development Forum in Tunis 7 to 9 December

The Governor of the Central Bank of Libya (CBL), Naji Issa, announced three strategic initiatives to build a stronger and more effective Libyan bankin...

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Latest CBL stats to November 2025 show significant growth in Libya's electronic banking sector
Dec 6 Sami Zaptia

Latest CBL stats to November 2025 show significant growth in Libya's electronic banking sector

According to latest monthly data published last Thursday (4 November) by the Central Bank of Libya (CBL) covering the period from 1 January to 30 Nove...

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The 6th Banking Sector Development Forum will be held in Tunis from 7 to 8 December
Dec 4 Sami Zaptia

The 6th Banking Sector Development Forum will be held in Tunis from 7 to 8 December

The 6th Banking Sector Development Forum will be held in Tunis from 7 to 8 December. Organisers say speakers will include the Governor of the Central...

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Tripoli PM Aldabaiba reviews his 150,000-unit house-building initiative
Nov 17 Sami Zaptia

Tripoli PM Aldabaiba reviews his 150,000-unit house-building initiative

Tripoli based Libyan Prime Minister, Abd Alhamid Aldabaiba, met with Faisal Bin Dardaf, Director of the National Housing and Urban Development Program...

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CBL comes in for more criticism from Grand Mufti – accuses it of usury
Nov 11 Sami Zaptia

CBL comes in for more criticism from Grand Mufti – accuses it of usury

As the exchange rate for the Libyan dinar reaches 7.79 against the US dollar in the black-market, making a mockery of the vow by Naji Issa, the Govern...

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Libya’s current political division imposes challenges for implementing reforms: CBL Governor Issa
Nov 5 Sami Zaptia

Libya’s current political division imposes challenges for implementing reforms: CBL Governor Issa

Speaking yesterday at the opening of the ‘‘Banking Investment and its Role in Promoting Economic Development’’ conference, organized by the Central Ba...

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