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 leaks to local media: New currency arriving - Intention to pump US$ 2.5 in market on 1 April
Mar 25 Sami Zaptia

CBL leaks to local media: New currency arriving - Intention to pump US$ 2.5 in market on 1 April

The Central Bank of Libya (CBL) has been engaged in a media briefing campaign in an attempt to frighten black-market foreign currency traders into low...

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Sahary bank forced to stop Western Union transfers due to armed coercion
Aug 17 Sami Zaptia

Sahary bank forced to stop Western Union transfers due to armed coercion

By Sami Zaptia. London, 17 August 2016:Sahary bank said yesterday that it has been forced to shut down its Western Union foreign currency money transf...

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AB meets Jumhouriya bank, urges fast action on debit cards, LCs and currency transfers
Mar 10 Sami Zaptia

AB meets Jumhouriya bank, urges fast action on debit cards, LCs and currency transfers

By Sami Zaptia.London, 10 March 2016:The Audit Bureau held a meeting today with Libya’s largest bank, Jumhouria bank, urging it to urgently facilitate...

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Dec 2 Sami Zaptia

CBL imposes new foreign currency transfer rules

By Libya Herald reporter.The CBL has imposed new rules on local banks for the personal transfers of foreign currency.Tunis, 02 December 2015:The Centr...

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Sep 3 Sami Zaptia

Aman bank demands customer's National ID number to reactivate blocked debit cards

By Libya Herald reporter.Aman Bank requires its customers to provide a Libyan National ID Number prior to reactivating their blocked debit cards (Phot...

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Hard currency made available for Haj pilgrims
Aug 10 Michel Cousins

Hard currency made available for Haj pilgrims

By Libya Herald staff. Expansion work being undertaken on the Grand Mosque in Mecca in time for Haj (Photo: Saudi Gazette)Tunis, 10 August 2015:Libyan...

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Jan 12 Sami Zaptia

Aman bank Visa Electron debit cards reactivated today

By Libya Herald reporter.Malta, 12 January 2015:Further to the Central Bank of Libya (CBL) issuing a new set of guidelines on 1 January for the use of...

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Jan 1 Sami Zaptia

CBL issues new debit card limits

By Libya Herald staff.(Photo: CBL)Malta, 1 January 2015:The Central Bank of Libya (CBL) has issued a new set of guidelines and limits today on the use...

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