CBL orders Libyan banks to hold a minimum 35 percent mandatory cash reserves
Apr 13 Sami Zaptia

CBL orders Libyan banks to hold a minimum 35 percent mandatory cash reserves

The Central Bank of Libya (CBL) has instructed commercial Libyan banks to increase their liquidity ratio, and the liquid assets calculated in this rat...

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Forcing e-payment service providers to provide services at low commissions can have many intended or unintended consequences: leading Fintech and Bank chairman
Mar 11 Sami Zaptia

Forcing e-payment service providers to provide services at low commissions can have many intended or unintended consequences: leading Fintech and Bank chairman

Forcing e-payment service providers to provide services at low fees can have many consequences, whether intentional or unintentional, the Chairman of...

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Central Bank of Libya introduces new LD 5, 10 and 20 denominations
Jan 21 Sami Zaptia

Central Bank of Libya introduces new LD 5, 10 and 20 denominations

The Central Bank of Libya (CBL) announced yesterday the issuance of new banknotes in the 5-, 10- and 20-dinars denominations.The LD 10 denomination wi...

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Restrictions on 1,800 Libyan bank accounts in Malta lifted – another bank to follow soon
Dec 12 Sami Zaptia

Restrictions on 1,800 Libyan bank accounts in Malta lifted – another bank to follow soon

Libya’s Tripoli based Ministry of Foreign Affairs reported yesterday that the restrictions on 1,800 Libyan bank accounts in Bank of Valletta, Malta ha...

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Workshop on ‘‘Regulating the Legal and Banking Framework’’ in Libya issues final recommendations
May 18 Sami Zaptia

Workshop on ‘‘Regulating the Legal and Banking Framework’’ in Libya issues final recommendations

The final recommendations of the workshop on ‘‘Regulating the Legal and Banking Framework with the Participation of the Private Sector and Internation...

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Workshop on ‘‘Regulating the Legal and Banking Framework’’ in Libya held in Tripoli 14-16 May
May 15 Sami Zaptia

Workshop on ‘‘Regulating the Legal and Banking Framework’’ in Libya held in Tripoli 14-16 May

A workshop on ‘‘Regulating the Legal and Banking Framework’’ in Libya started yesterday in Tripoli (14 – 16 May) with the participation of the private...

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CBL approves new legal framework for Libyan Credit Information Centre
Jan 31 Sami Zaptia

CBL approves new legal framework for Libyan Credit Information Centre

The Central Bank of Libya (CBL) has granted approval to the Libyan Credit Information Centre’s (LCIC) newly developed legal framework, Expertise Franc...

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Workshop on regulatory framework for credit bureaus in Libya: Expertise France
Oct 30 Sami Zaptia

Workshop on regulatory framework for credit bureaus in Libya: Expertise France

Expertise France announced last Thursday that a three-day workshop was conducted with the Libyan Credit Information Centre (LCIC) to design and valida...

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CBL agrees to support the LD black-market exchange rate
Oct 20 Sami Zaptia

CBL agrees to support the LD black-market exchange rate

The Central Bank of Libya (CBL) announced Wednesday that it had agreed, during the second meeting to complete its unification procedures, to support b...

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Central Bank of Libya Governor holds several meetings at World Bank IMF Annual Meetings in Marrakesh
Oct 11 Sami Zaptia

Central Bank of Libya Governor holds several meetings at World Bank IMF Annual Meetings in Marrakesh

The Governor of the Central Bank of Libya (CBL), Saddek El-Kaber, held several meetings at the Annual Meetings of the World Bank and IMF 9 to 15 Octob...

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