Wahda bank to introduce ‘‘Edei’’ - the first palm-scan payment service in Libya
Jan 30 Sami Zaptia

Wahda bank to introduce ‘‘Edei’’ - the first palm-scan payment service in Libya

Wahda Bank announced yesterday that it will be introducing soon "Edei", the first palm-scan payment service in Libya. It said this comes as part of i...

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Jumhuria bank launches Libya’s first e-payment service for petrol stations
Jan 15 Sami Zaptia

Jumhuria bank launches Libya’s first e-payment service for petrol stations

Libya’s largest (state) bank, Jumhouria Bank, announced yesterday the launch of the country’s first-ever e-payment service at petrol stations. This s...

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Libyan banks cannot give loans without proper collateral and regulations that allow for recourse in case of default: Tadawul Tech Chairman Naaman Elbouri
Dec 11 Sami Zaptia

Libyan banks cannot give loans without proper collateral and regulations that allow for recourse in case of default: Tadawul Tech Chairman Naaman Elbouri

Speaking during the second session of day two of the 6th Annual Banking Sector Development Forum held in Tunis, 7–8 December, Chairman of Tadawul Tech...

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Banking Forum in Tunis Concludes with Strong Calls for Monetary Discipline, Exchange Rate Policy Reform, and Structural Financial Overhaul
Dec 9 Sami Zaptia

Banking Forum in Tunis Concludes with Strong Calls for Monetary Discipline, Exchange Rate Policy Reform, and Structural Financial Overhaul

The 6th Annual Libyan Banking Sector Development Forum (SDF) held in Tunis from 7 to 8 December concluded optimistically yesterday with a set of stron...

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State sector employment at 2.4 million is too high – but there is no financing support for the private sector to encourage its decrease
Dec 8 Sami Zaptia

State sector employment at 2.4 million is too high – but there is no financing support for the private sector to encourage its decrease

Speaking at today’s live-streamed session on ‘‘Financial Rebalancing and Addressing the Foreign Exchange Deficit’’ at the 6th Banking Sector Developme...

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CBL Governor Issa announces three strategic initiatives to build a stronger banking sector at 6th Banking Sector Development Forum in Tunis 7 to 9 December
Dec 7 Sami Zaptia

CBL Governor Issa announces three strategic initiatives to build a stronger banking sector at 6th Banking Sector Development Forum in Tunis 7 to 9 December

The Governor of the Central Bank of Libya (CBL), Naji Issa, announced three strategic initiatives to build a stronger and more effective Libyan bankin...

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CBL meets protesting small importers – makes banking concessions to facilitate easier import of goods
Oct 29 Sami Zaptia

CBL meets protesting small importers – makes banking concessions to facilitate easier import of goods

Central Bank of Libya (CBL) Governor, Naji Issa, relented to the accumulating pressure from small importers by meeting them yesterday after they had h...

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CBL Governor Issa and Finance Minister Al-Mabrouk discuss fiscal reform programmes and digital transformation
Oct 28 Sami Zaptia

CBL Governor Issa and Finance Minister Al-Mabrouk discuss fiscal reform programmes and digital transformation

‎Within the framework of the ongoing coordination between the Central Bank of Libya (CBL) and the Ministry of Finance to support fiscal reform program...

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CBL Governor Issa meets with the US Assistant Secretary of the Treasury in DC
Oct 19 Sami Zaptia

CBL Governor Issa meets with the US Assistant Secretary of the Treasury in DC

On the sidelines of attending the Annual Meetings of the IMF and World Bank held in Washington, D.C. (13 to 18 October), Naji Issa, the Governor of th...

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Directors of Credit & Corporate Departments at Sahara Bank, and former director at a branch detained for collection of illicit financial benefits
Oct 4 Sami Zaptia

Directors of Credit & Corporate Departments at Sahara Bank, and former director at a branch detained for collection of illicit financial benefits

The Attorney General’s Office reported last Thursday (2 October) that the investigating authority has ordered the detention of the directors of the Cr...

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