No Result
View All Result
Saturday, May 9, 2026
23 °c
Tripoli
24 ° Sat
24 ° Sun
  • Advertising
  • Contact
LibyaHerald
  • Home
  • Libya
  • Business
  • Opinion
  • Magazine
  • Advertising
  • Login
  • Register
SUBSCRIBE
  • Home
  • Libya
  • Business
  • Opinion
  • Magazine
  • Advertising
  • Login
  • Register
No Result
View All Result
LibyaHerald
No Result
View All Result
Home Business

CBL’s Benghazi branch transferred to Beida by HoR and Thinni government

bySami Zaptia
January 25, 2015
Reading Time: 2 mins read
A A

By Libya Herald reporter.

(Photo: CBL)
(Photo: CBL)

Malta, 25 January 2015:

The House of Representatives (HoR) and government of Abdullah Thinni, the only internationally recognized legislature . . .[restrict]and government in Libya, yesterday transferred the Central Bank of Libya from Benghazi to Al-Beida, the seat of government.

The CBL in Benghazi was the branch of the CBL that is effectively headed by CBL Governor Ali Hibri and is recognized by the House of Representatives and its Abdullah Thinni government.

The Tripoli CBL is headed by ex-Governor Saddik El-Kabir who was sacked by the HoR in September 2014.

RELATED POSTS

CBL to inject US$ 300 million into card system, authorises transfer for small traders of up to US$ 100,000 quarterly

1.7 million (75%) receiving state-sector salaries through automated Your Instant Salary system compared to 2.2 million previously  

The government reported yesterday, according to its official news agency LANA, that a ‘’team of experts and employees from the CBL successfully transferred the main accounting and banking transfer system to Al-Beida, the new site chosen for the bank by the government’’.

Sources from the CBL informed LANA that the system is now in Beida so as to enable the employees of the CBL to conduct any financial transactions.

The sources assured that the ”team of banking experts that conducted the transfer operation were able to totally secure the system in the new main site for the CBL in the city of Beida in a progressive move so as to be able to commence all banking transactions from the city”.

Furthermore, the sources added that the transfer of the CBL from Benghazi to the seat of government in Al-Beida was conducted so as to assure the Libyan public that their central bank is safe and that its old site in Benghazi is also safe and under the protection of the Marine Infantry Brigade, part of the Libyan National Army (LNA).

This move was also conducted in order to protect the CBL from ”the hands of abusers who have taken control of the capital Tripoli and made it into a hotbed for their organized criminal gangs who have, as many Libyans are aware”, the report adds, ”perpetrated and committed many armed bank robberies”.

”They have also perpetrated and committed many killings, assassinations, kidnappings and the sabotage of public and private institutions”, the report concluded.

It will be recalled that forces representing the HoR/Thinni government took over control of the CBL branch in the city last week claiming to be taking it over from Ansar Sharia forces who were protecting it.

The action was subsequently condemned by UNSMIL . [/restrict]

Tags: Ali Salem HibriAnsar Al-ShariaBeidaBenghaziCBL Central Bank of LibyaHoR House of RepresentativesLibyan National Army LNAUNSMIL

Related Posts

Libyan Iron and Steel Company achieves record production in HBI and DRI
Business

LISCO completes commissioning and testing of High Cold Rolling Mill – implemented by Turkish company Partner Teknik

May 9, 2026
Zueitina Oil Co. successfully tests new B1-106/4 well with production rate exceeding 3,000 bpd
Business

Zueitina Oil begins maintenance of oil tank (D1) in Field 103A – for the first time entirely in-house

May 9, 2026
LAIP delegation visits Maputo, Mozambique to recover seized rice project
Business

AfDB offers to help fund Libya’s Libya-Africa Transit Corridors Project: LAIP

May 8, 2026
Attorney General orders arrests at Jumhouria bank branch for embezzlement
Business

Two detained and others questioned in US$ 2.8 million Wahda Bank documentary credits fraud investigation

May 8, 2026
Visiting Jordanian specialists perform 18 infertility and delayed childbearing operations in Zintan Hospital
Business

Health Ministry hails the implantation of first wireless pacemaker in Libya and eighth in Africa – part of its 100-day Plan

May 8, 2026
Libya and Shell discuss several areas of cooperation
Business

Libya joins World Bank’s initiative to eliminate Routine Gas Flaring by 2030‎ – saving about US$ 650 million per year

May 7, 2026
Next Post

Anti-Sahmain former Congress members to meet in Tunis

Afriqiyah resumes flights to Dusseldorf, ends EU airspace embargo?

Afriqiyah resumes flights to Dusseldorf, ends EU airspace embargo?

Top Stories

  • Boeing signs a strategic agreement with Libya to modernize its civil aviation

    Boeing signs a strategic agreement with Libya to modernize its civil aviation

    0 shares
    Share 0 Tweet 0
  • Arabian Gulf Oil Company Chairman holds virtual meeting with BP

    0 shares
    Share 0 Tweet 0
  • Air France flights over Libya causing concern to crew union – other airliners have been overflying since 2025

    0 shares
    Share 0 Tweet 0
  • China’s Ambassador to Libya visits Benghazi on the inauguration of China’s COSCO direct shipping line to the city

    0 shares
    Share 0 Tweet 0
  • Aldabaiba visits Rome today: Debts to Italy and Libyan bureaucracy are holding back increased trade

    0 shares
    Share 0 Tweet 0
ADVERTISEMENT
LibyaHerald

The Libya Herald first appeared on 17 February 2012 – the first anniversary of the Libyan Revolution. Since then, it has become a favourite go-to source on news about Libya, for many in Libya and around the world, regularly attracting millions of hits.

Recent News

Zawia armed clashes ended – Zawia Refinery’s Aviation Kerosene Tank 501 ruptured

LISCO completes commissioning and testing of High Cold Rolling Mill – implemented by Turkish company Partner Teknik

Sitemap

  • Why subscribe?
  • Terms & Conditions
  • FAQs
  • Copyright & Intellectual Property Rights
  • Subscribe now

Newsletters

    Be the first to know latest important news & events directly to your inbox.

    Sending ...

    By signing up, I agree to our TOS and Privacy Policy.

    © 2022 LibyaHerald - Powered by Sparx Solutions.

    Welcome Back!

    Login to your account below

    Forgotten Password? Sign Up

    Create New Account!

    Fill the forms below to register

    *By registering into our website, you agree to the Terms & Conditions and Privacy Policy.
    All fields are required. Log In

    Retrieve your password

    Please enter your username or email address to reset your password.

    Log In
    No Result
    View All Result
    • Login
    • Sign Up
    • Libya
    • Business
    • Advertising
    • About us
    • BusinessEye Magazine
    • Letters
    • Features
    • Why subscribe?
    • FAQs
    • Contact

    © 2022 LibyaHerald - Powered by Sparx Solutions.

    This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.