Thieves get away with LD 7 million after Sebha bank heist
Mar 25 Newsdesk1

Thieves get away with LD 7 million after Sebha bank heist

By Jamal Adel.Beida, 25 March 2015:Thieves made away with LD 7 million from the Sahara Bank in Sebha on Monday night, Jamal Al-Zarouq, an employee at...

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New bank heist in Tripoli
Dec 21 Michel Cousins

New bank heist in Tripoli

By Libya Herald staff.21 December 2014:The manager of a downtown Tripoli branch of the Saraya Bank was wounded today and staff terrified when an armed...

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Nov 10 Newsdesk2

Sahara Bank robbed in Tripoli

By Libya Herald staff.Tripoli, 10 November 2014:Thieves apparently made away with over a million dinars in a bank heist at the Hay Al-Andalus branch o...

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Oct 23 Newsdesk1

Thieves grab half million dinars from Sebha bank truck

By Jamal Adel.Kufra, 23 October 2014:Armed men got away with half a million Libyan dinars on Wednesday morning after attacking a bank delivery truck o...

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May 26 Callum Paton

LD 1.5 million stolen in bank security van heist

By Moataz Ahmed.Benghazi, 26 May 2014:Some LD 1.5 million has been stolen from a bank security van in Sirte after four masked gunmen intercepted it en...

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CBL fines Sahara and Gumhouria banks LD 100,000 each for financial irregularities
Apr 16 Callum Paton

CBL fines Sahara and Gumhouria banks LD 100,000 each for financial irregularities

Naam Alkhosi.Central Bank of LibyaTripoli, 16 April 2014:The Central Bank of Libya (CBL) has fined  two Tripoli branches of the Sahara Bank and Gumhou...

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Nov 5 Nigel Ash

The Central Bank and Islamic banking plans

The Central Bank of Libya is continuing to work on plans for the introduction of Sharia-compliant banking within the Libyan financial sector.A consult...

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Employees want Islamic banking
Oct 20 Michel Cousins

Employees want Islamic banking

Benghazi, 20 October:A number of employees of the Sahara Bank in Benghazi held a demonstration today outside the bank to protest against its use of in...

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Rocket attacks in Benghazi follow election results
May 22 Michel Cousins

Rocket attacks in Benghazi follow election results

Benghazi, 22 May:Unknown terrorists launched two attacks in Benghazi early this morning.The Benghazi offices of the International Committee of the Red...

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Mar 1 Nigel Ash

Exchange outsources clearing and settlements

Another step towards the emergence of an altogether more robust and transparent capital market was taken on Wednesday when the Libyan Stock Exchange s...

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