CBL to inject US$ 300 million into card system, authorises transfer for small traders of up to US$ 100,000 quarterly
May 5 Sami Zaptia

CBL to inject US$ 300 million into card system, authorises transfer for small traders of up to US$ 100,000 quarterly

The Central Bank of Libya (CBL) briefed local Libyan Arabic-language media outlets today that it has concluded a meeting with major local banks t...

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CBL loosens foreign currency controls - including permitting cash dollar deposits and transfer
Apr 29 Sami Zaptia

CBL loosens foreign currency controls - including permitting cash dollar deposits and transfer

According to a leaked letter, directed to all General Managers of banks operating in Libya, dated 28 April, the Central Bank of Libya (CBL) has i...

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Small businesses hold meeting with Tripoli Chamber to air concerns over halting of imports not paid for through banking system
Sep 23 Sami Zaptia

Small businesses hold meeting with Tripoli Chamber to air concerns over halting of imports not paid for through banking system

Tripoli Chamber of Commerce announced yesterday that it had held a meeting on the same day at its Tripoli headquarters with some of its members who ow...

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Agricultural Bank personnel imprisoned for fraud
Apr 9 Sami Zaptia

Agricultural Bank personnel imprisoned for fraud

‎The Attorney General’s Office reported yesterday that the Criminal Court has convicted the former Branch Manager and the Credit Officer of the Agricu...

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Misrata Chamber of Commerce hosts Pakistani Ambassador – ‘‘Made in Pakistan’’ exhibition to be held in Misrata
Jan 19 Sami Zaptia

Misrata Chamber of Commerce hosts Pakistani Ambassador – ‘‘Made in Pakistan’’ exhibition to be held in Misrata

The Misrata Chamber of Commerce, Industry and Agriculture, headed by its Chairman, Fathi Al-Amin Al-Turki, together with several members of the Chambe...

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CBL permits banks to offer interest-free e-debits in lieu of late salaries
Dec 4 Sami Zaptia

CBL permits banks to offer interest-free e-debits in lieu of late salaries

On Monday 2 December the Central Bank of Libya’s (CBL) Banking and Currency Control Department issued Circular No. 20 of 2024 addressed to banks opera...

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National Commercial Bank is first bank to implement use of unified automated company registration number as part of its KYC process
Nov 12 Sami Zaptia

National Commercial Bank is first bank to implement use of unified automated company registration number as part of its KYC process

By Sami Zaptia.Tripoli, 12 November 2021: Libya’s state National Commercial Bank (NCB) announced Wednesday that it has become the first Libyan bank to...

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Nov 6 Sami Zaptia

Malta to unfreeze Libyan individuals’ assets

By Sami Zaptia.(Photo: Social media)Tripoli, 6 November 2021:Malta is to unfreeze the assets of Libyan individuals according to a post by Malta’s amba...

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Jan 5 Sami Zaptia

CBL issues rules for official money transfers for expats working under contract

By Sami Zaptia.London, 5 January 2021: The Central Bank of Libya (CBL) issued last Thursday (31 December) rules for salary transfers for expats on for...

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Several solutions discussed to activate Libya’s real estate sector at final day of Tunis conference
Feb 6 Sami Zaptia

Several solutions discussed to activate Libya’s real estate sector at final day of Tunis conference

By Sami Zaptia. London, 6 February 2020: Several possible solutions were proposed and discussed in Tunis today on the final day of the Second Libyan R...

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