Two detained and others questioned in US$ 2.8 million Wahda Bank documentary credits fraud investigation
May 8 Sami Zaptia

Two detained and others questioned in US$ 2.8 million Wahda Bank documentary credits fraud investigation

The Attorney General’s Office announced last Tuesday (5 May) that the Anti-Corruption Prosecution, within the jurisdiction of the Tripoli Court o...

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PM Aldabaiba discusses commodity budget and mechanisms for implementing documentary credits
Oct 31 Sami Zaptia

PM Aldabaiba discusses commodity budget and mechanisms for implementing documentary credits

Prime Minister Abd Alhamid Aldabaiba held a meeting at the Prime Minister's Office last Tuesday (28 October) to follow up on the work of the Ministry...

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PM’s Financial Advisor Shahoubi holds meeting on lack of banking facilities for small importers - Tripoli Chamber calls for suspension of 42/2025
Oct 30 Sami Zaptia

PM’s Financial Advisor Shahoubi holds meeting on lack of banking facilities for small importers - Tripoli Chamber calls for suspension of 42/2025

Further to recent meetings and demonstrations by small importers in Misrata and Tripoli, and their meeting with Naji Issa, the Governor of the Central...

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CBL fails to attend workshop on “Decision-Making and Implementation Meet: A Direct Dialogue between the CBL and the Private Sector”
Oct 13 Sami Zaptia

CBL fails to attend workshop on “Decision-Making and Implementation Meet: A Direct Dialogue between the CBL and the Private Sector”

The Central Bank of Libya (CBL) was criticised for failing to participate in a workshop entitled “Decision-Making and Implementation Meet: A Direct Di...

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Applications for opening documentary credits will start today: CBL
Sep 5 Sami Zaptia

Applications for opening documentary credits will start today: CBL

The new controversial Central Bank of Libya (CBL) administration announced yesterday that, as of tomorrow, it will begin implementing requests for ope...

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Jan 4 Sami Zaptia

CBL issues new regulations for opening business documentary credits with unified exchange rate, and for personal use

By Sami Zaptia.London, 4 January 2021: The Tripoli Central Bank of Libya (CBL) approved on Thursday (31 December) new controls to regulate procedures...

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CBL governor Elkaber blames Presidency Council for credit drought
Nov 14 Nigel Ash

CBL governor Elkaber blames Presidency Council for credit drought

By Libya Herald reporters.Tripoli, 14 November 2017:Central Bank (CBL) governor Saddek Elkaber has blamed the government for the scarcity of goods, th...

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