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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Jumhouria and National Commercial Bank announce raised cash withdrawal limits during Ramadan
Mar 30 Sami Zaptia

Jumhouria and National Commercial Bank announce raised cash withdrawal limits during Ramadan

Two leading state Libyan banks, Jumhouria and the National Commercial Bank (NCB), have announced increased cash withdrawal limits during the month of...

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CBL helicopters LD17 million in cash to Khoms
Jun 4 Nigel Ash

CBL helicopters LD17 million in cash to Khoms

By Libya Herald reporters.Tripoli, 4 June 2017:An urgently needed transfusion of cash was flown into Khoms today, appropriately enough by an helicopte...

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Jufra banks receive welcome cash boost
Feb 26 Nigel Ash

Jufra banks receive welcome cash boost

By Libya Herald reporters.Tripoli, 26 February 2017:Banks in Jufra were sent LD13 million in cash today, the first such delivery to the town for four...

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Ghat faces serious cash liquidity problem
Dec 8 Michel Cousins

Ghat faces serious cash liquidity problem

By Mustafa Khalifa.Ghat, 8 December 2015:Each time the news spreads in the far south western town of Ghat that there is money available at the local b...

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Mar 11 Michel Cousins

Government's LD 2,000 handout to cost LD 3.5 billion

The Central Bank of Libya (CBL) has said that the cost of paying every Libyan family LD 2,000 and every unmarried member of a family LD 200 will amoun...

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