Imaar Bank holds first Board meeting after change of chairman and name – to start operating within 4 months
Sep 21 Sami Zaptia

Imaar Bank holds first Board meeting after change of chairman and name – to start operating within 4 months

The Board of Directors of the private sector bank, Imaar Bank, held its first meeting last Thursday, 18/09/2025 in the city of Derna. At the meeting,...

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Former Jumhouria Bank manager detained accused of LD 7 million customers’ accounts fraud
Dec 21 Sami Zaptia

Former Jumhouria Bank manager detained accused of LD 7 million customers’ accounts fraud

The Attorney General reported last Thursday (19 December) that the former manager of the Jumhouria Bank branch in Harsha, Zawia, has been detained, pe...

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Sahara bank converts itself into an Islamic bank
Jan 9 Sami Zaptia

Sahara bank converts itself into an Islamic bank

Sahara Bank announced yesterday that it had converted itself from a traditional (interest-charging) bank to an Islamic bank.The bank said that after y...

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Libya's BCD severs investment ties with Qatari bank
Jan 31 Sami Zaptia

Libya's BCD severs investment ties with Qatari bank

By Sami Zaptia.London, 31 January 2019:Libya's privately-owned Bank of Commerce and Development (BCD) announced yesterday that it has now severed all...

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Tripoli CBL holds meetings in Rome
Apr 13 Sami Zaptia

Tripoli CBL holds meetings in Rome

By Sami Zaptia.London, 13 April 2016:The Tripoli Central Bank of Libya (CBL) revealed yesterday that its Governor Saddek Elkaber met with Italian Depu...

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LIA Board of Trustees meets in Malta
Dec 8 Sami Zaptia

LIA Board of Trustees meets in Malta

By Libya Herald reporter.Tunis, 8 December 2015:The only internationally recognized Libyan Prime Minister, Abdullah Thinni, in his capacity as Head of...

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Jun 21 Nigel Ash

Central Bank to probe financial sector corruption

Tripoli, 21 June:The Central Bank of Libya has set up its own transparency and integrity commission to investigate corruption and wrongdoing in the co...

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