Libya Enterprise to discuss barriers to SME finance with local banks
Feb 23 Sami Zaptia

Libya Enterprise to discuss barriers to SME finance with local banks

By Sami Zaptia.London, 23 February 2016:Libya Enterprise, the Ministry of Economy department charged with developing Small and Medium Sized Enterprise...

Read Article
Bank managers video confession of FX corruption
Feb 12 Sami Zaptia

Bank managers video confession of FX corruption

By Sami Zaptia.London, 12 February 2016:Four bank managers of various levels and positions at the Wahda bank Jama Saga branch in central Tripoli made...

Read Article
Audit Bureau freezes 160 bank accounts amid currency smuggling, fraud and duty evasion claims
Oct 15 Sami Zaptia

Audit Bureau freezes 160 bank accounts amid currency smuggling, fraud and duty evasion claims

By Libya Herald reporter.Tunis, 15 October 2015:Libya’s Tripoli-based Audit Bureau has issued a ruling  freezing the bank accounts of 160 companies an...

Read Article
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...

Read Article
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...

Read Article
Nov 10 Newsdesk2

Sahara Bank robbed in Tripoli

By Libya Herald staff.Tripoli, 10 November 2014:Thieves apparently made away with over a million dinars in a bank heist at the Hay Al-Andalus branch o...

Read Article
Sep 5 Newsdesk1

CBL denies delay in payment of HoR salaries

By Libya Herald reporters.Tripoli, 5 September 2014:The Central Bank of Libya (CBL) has flatly denied that it has withheld salaries from members of th...

Read Article
Jul 24 Sami Zaptia

CBL makes secret ultra secure cash deliveries to banks

By Sami Zaptia.Tripoli, 24 July 2014:The Central Bank of Libya (CBL) revealed today that it has, in cooperation with the Ministry of Interior, success...

Read Article
Jun 19 Sami Zaptia

Central Bank of Libya reduces cash payments for letters of credit

London, 19 June:The Central Bank of Libya (CBL) announced yesterday that it has reduced the cash payment needed for the opening of letters of credit (...

Read Article
Mar 1 Nigel Ash

Exchange outsources clearing and settlements

Another step towards the emergence of an altogether more robust and transparent capital market was taken on Wednesday when the Libyan Stock Exchange s...

Read Article