CBL contracts to print LD 30 billion in new notes to alleviate liquidity crisis and replace old currency
Dec 2 Sami Zaptia

CBL contracts to print LD 30 billion in new notes to alleviate liquidity crisis and replace old currency

The Central Bank of Libya (CBL) announced yesterday that it has contracted to print LD 30 billion of new money notes. It said these will be injected i...

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May 2 Sami Zaptia

e-payments transactions top LD 1.1 bn in Q1 of 2021 – but cash is still king in Libya

By Sami Zaptia.Despite all efforts to introduce e-payments Libyans still prefer cash (Photo: Al-Madar and CBL introduce e-banking).London, 2 May 2021:...

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Apr 19 Sami Zaptia

CBL warns of penalties on banks that do not adhere to the agreed service improvement plan

By Sami Zaptia.(Logo: Tripoli CBL).London, 19 April 2021:The Central Bank of Libya warned that it will impose penalties on Libyan commercial banks tha...

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Nov 9 Sami Zaptia

Misrata Chamber discusses e-payments problems and solutions with National Commercial Bank

By Sami Zaptia.London, 9 November 2020: During a meeting at its city headquarters yesterday, Misrata Chamber of Commerce discussed the problems facing...

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Shopping malls closed in Benghazi for refusing to use e-payments and POS machines
Aug 17 Sami Zaptia

Shopping malls closed in Benghazi for refusing to use e-payments and POS machines

By Sami Zaptia.London, 17 August 2020:Several shopping malls were closed last week by the Interior Ministry in Benghazi because they refused to take p...

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Jul 23 Sami Zaptia

Sahary bank offers loan to buy Eid sacrifice

By Sami Zaptia.Sahary bank is offering an interest-free loan for customers to buy their rams for the Eid of Sacrifice (Photo: Sami Zaptia).London, 23...

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May 30 Sami Zaptia

Subsidised bread flour to be paid for through e-payments to counter 1,200 ghost bakeries

By Sami Zaptia.The Ministry of Economy has prescribed that subsidized flour for making bread will be paid for by bakeries through e-payment to counter...

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Feb 6 Sami Zaptia

CBL bullish about economic improvements, pledges to continue favourable policies

By Sami Zaptia.(Logo: Tripoli CBL).London, 5 February 2018: The Tripoli-based Central Bank of Libya (CBL) has said that it is following with interest...

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e-payment workshop held in Tripoli in effort to reduce Libya's need for cash
Oct 19 Sami Zaptia

e-payment workshop held in Tripoli in effort to reduce Libya's need for cash

By Sami Zaptia.London, 19 October 2017:Under the slogan of ‘‘The role of businessmen and sovereign institutions in supporting e-payment solutions’’ a...

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