Two million POS transactions in a single day across 67,000 points cause collapse of e-payment system - CBL apologises
May 27 Sami Zaptia

Two million POS transactions in a single day across 67,000 points cause collapse of e-payment system - CBL apologises

The Central Bank of Libya (CBL) was forced to apologise yesterday on behalf of Libya’s commercial banks after the sudden disruption to electronic...

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After Friday’s e-payments breakdown, CBL Governor Issa discusses ways to improve quality of e-payment services with state provider Moamalat
Oct 27 Sami Zaptia

After Friday’s e-payments breakdown, CBL Governor Issa discusses ways to improve quality of e-payment services with state provider Moamalat

Naji Issa, the Governor of the Central Bank of Libya (CBL), met yesterday at his Tripoli office with the Chairman and members of the Board of Moamalat...

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Jumhouria Bank to open 6-ATM state-of-the-art cash withdrawal facility in the southern region
Oct 4 Sami Zaptia

Jumhouria Bank to open 6-ATM state-of-the-art cash withdrawal facility in the southern region

State owned Jumhouria Bank, Libya’s biggest bank, announced yesterday the imminent opening of a self-service cash withdrawal facility in the southern...

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CBL introduces the state sector Instant Salary Payment System
Aug 1 Sami Zaptia

CBL introduces the state sector Instant Salary Payment System

‎The Central Bank of Libya yesterday announced the launch of the "Your / Instant Salary Payment" system to transfer the salaries of public sector empl...

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CBL Governor Issa pushes for improved e-payment services despite increase of points of sale by 92% and e-transactions by 75% since 2024
Jul 16 Sami Zaptia

CBL Governor Issa pushes for improved e-payment services despite increase of points of sale by 92% and e-transactions by 75% since 2024

The Governor of the Central Bank of Libya, Naji Issa, held a meeting last Tuesday (15 July) in his CBL Tripoli office with several general managers of...

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Libya has around 124,000 Point of Sales machines – needs 200 to 250,000 to solve its liquidity problem: Former senior banker
Jan 12 Sami Zaptia

Libya has around 124,000 Point of Sales machines – needs 200 to 250,000 to solve its liquidity problem: Former senior banker

Despite the ''more than excellent'' numbers achieved by local banks by the end of 2024 regarding electronic services, Libya needs around 200,000 to 25...

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The Second Libyan Banking Forum will be held on 13 October in Tripoli
Sep 1 Sami Zaptia

The Second Libyan Banking Forum will be held on 13 October in Tripoli

The Second Libyan Banking Forum will be held on 13 October in Tripoli, organisers say.This year’s event will be held under the banner of ‘‘Development...

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Central Bank of Libya announces launch of LYPAY – an interbank instant payment service
Aug 4 Sami Zaptia

Central Bank of Libya announces launch of LYPAY – an interbank instant payment service

The Central Bank of Libya (CBL) announced the launch of LYPAY, planned to be the leading interbank instant payment service, it said.‎The service allow...

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LBBC business delegation ends visit to Tripoli, Zliten and Misrata
Feb 24 Sami Zaptia

LBBC business delegation ends visit to Tripoli, Zliten and Misrata

Twenty British businessmen and women visited Tripoli, Zliten and Misrata this week (19 to 23 February) as part of the latest trade delegation organise...

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Business Technology Banking Forum to be held in Tripoli from 18 to 20 December
Nov 7 Sami Zaptia

Business Technology Banking Forum to be held in Tripoli from 18 to 20 December

The 2nd Business Technology Banking Forum will be held from 18 to 20 December in Tripoli, sponsored by the Central Bank of Libya, with the participati...

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