Former ATIB bank Chairman Naaman Elbouri recalls his unjust kidnapping and detention – calls on CBL Governor to implement law against those unjustly accused
Jul 16 Sami Zaptia

Former ATIB bank Chairman Naaman Elbouri recalls his unjust kidnapping and detention – calls on CBL Governor to implement law against those unjustly accused

On 15 July 2024, Naaman Elbouri, in his capacity as the Chairman of the Board of Directors of the privately owned Assaray Trade and Investment Bank (A...

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CBL to begin receiving applications for establishment of Financial Leasing companies
Jan 21 Sami Zaptia

CBL to begin receiving applications for establishment of Financial Leasing companies

The Central Bank of Libya (CBL) announced today that it is to begin to receive applications for establishing companies wishing to obtain licenses to p...

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Use of card and e-payments on the increase – helping to resolve Libya’s bank cash liquidity problem
Dec 10 Sami Zaptia

Use of card and e-payments on the increase – helping to resolve Libya’s bank cash liquidity problem

Electronic payments and debit card use have risen considerably in Libya over the last year. This is the considered view of Musbah Al-Akkar, former cha...

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CBL holds first complete board meeting after ousting of former Governor El-Kaber
Nov 10 Sami Zaptia

CBL holds first complete board meeting after ousting of former Governor El-Kaber

‎The Central Bank of Libya (CBL) announced that it had held its first board meeting today of the newly appointed board which included all the new six...

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Al-Refee bank manager detained pending trial for attempted LD 15 million fraud
Nov 20 Sami Zaptia

Al-Refee bank manager detained pending trial for attempted LD 15 million fraud

The Attorney General’s Office announced Saturday that the Public Prosecutor has ordered the detention, pending trial, of the Manager of the Al-Refee (...

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Public Prosecutor orders detention of two officials at Wafa Bank for LD 21 million fraud
Sep 9 Sami Zaptia

Public Prosecutor orders detention of two officials at Wafa Bank for LD 21 million fraud

Libya’s Public Prosecutor reported Thursday that it had ordered the detention, pending further investigation, of the Manager of Al-Wafa Bank’s Tripoli...

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Bank of Commerce and Development manager detained for misappropriating LD 12.3 million
May 22 Sami Zaptia

Bank of Commerce and Development manager detained for misappropriating LD 12.3 million

A current accounts manager at the Tripoli head office of the Bank of Commerce and Development has been detained, pending further investigation, for al...

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Maghreb Banking Forum on Libya’s digital economy holds sectorial workshops on agriculture
May 21 Sami Zaptia

Maghreb Banking Forum on Libya’s digital economy holds sectorial workshops on agriculture

The two-day Maghreb Banking Forum on the Digital Economy for the Reconstruction of Libya concluded in Istanbul yesterday with a focus on Libya’s agric...

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After a ten-year hiatus, the Real Estate Registry only partially reactivated: News and analysis
Apr 20 Sami Zaptia

After a ten-year hiatus, the Real Estate Registry only partially reactivated: News and analysis

Contrary to some confusion about the circulating news, Libya’s Real Estate Registry has only been partially reactivated after a ten-year closure follo...

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CBL receives results from meetings with international banks
Apr 19 Sami Zaptia

CBL receives results from meetings with international banks

The Governor of the Tripoli-based Central Bank of Libya, Saddek Omar El-Kaber, received last Sunday the results of the work of the team assigned to co...

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