No Result
View All Result
Friday, May 1, 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

‘Mini-Meeting’ discusses first two steps of Libya’s UN Roadmap in its first meeting in Rome

CBL loosens foreign currency controls – including permitting cash dollar deposits and transfer

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

Algeria exports electric vehicle charging stations to Libya
Business

Air Algérie inspects Tripoli’s Mitiga airport in preparation for resumption of flights

April 30, 2026
Customs Authority uncovers 11 companies involved in illicit use of Letters of Credit exceeding US$ 54 million
Business

Italy’s Ingegneria Informatica and Libya’s Customs Authority to activate Automated Inspection Software System

April 30, 2026
Danish Chamber of Industry signs MoU with Libya’s General Union of Chambers of Commerce
Business

Danish Chamber of Industry signs MoU with Libya’s General Union of Chambers of Commerce

April 29, 2026
Spanish business delegation to hold B2B meetings at Tripoli Chamber of Commerce on 11 May
Business

Spanish business delegation to hold B2B meetings at Tripoli Chamber of Commerce on 11 May

April 29, 2026
Economy Minister Hwej reviews his ministry’s implementation of its 2023 plan and issues several directives
Business

Minister of Economy approves four foreign and JV companies – to support Libya’s investment climate

April 29, 2026
CBL receives results from meetings with international banks
Business

CBL loosens foreign currency controls – including permitting cash dollar deposits and transfer

April 29, 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

  • Tunis Air to resume flights to Libya ‘‘in coming weeks’’ – new sea lines to be launched soon linking Italy, Tunisia and Libya

    New shipping line between Italy-Tunisia-Tripoli launched today

    0 shares
    Share 0 Tweet 0
  • Chevron and Libya’s National Oil Corporation sign MoU to evaluate shale oil and gas resources – estimated at 18 billion barrels and 123 trillion cft

    0 shares
    Share 0 Tweet 0
  • CBL increases foreign currency cash limit permitted to enter Libya – up from US$ 10,000 to US$ 30,000

    0 shares
    Share 0 Tweet 0
  • US sells US$ 95 million worth of border security equipment to Tunisia – can a similar deal between the EU or the US be struck with Libya?

    0 shares
    Share 0 Tweet 0
  • Minister of Economy approves 12 foreign and joint venture companies – to support the investment climate

    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

Air Algérie inspects Tripoli’s Mitiga airport in preparation for resumption of flights

German Embassy and representatives of German companies operating in Libya discuss Tripoli’s 19 May Libyan-German Economic Forum

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.