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CBL Governor meets banks to discuss sector development

bySami Zaptia
August 24, 2021
Reading Time: 1 min read
A A

By Sami Zaptia.

(Logo: Tripoli CBL).

London, 24 August 2021:

The Central Bank of Libya reported yesterday that its Governor, Saddek El-Kaber, met on the same day at the Banking and Monetary Control Department, the general managers of Libya’s commercial banks, in the presence of a number of directors of departments at the Central Bank of Libya, electronic payment companies and Muamalat (the state POS payment) company.

During the meeting, the CBL reported that many issues were discussed, the most important of which are related to:

  • The development of the banking sector.
  • Electronic payment services.
  • Linking bank branches to the banking system.
  • The Central Bank of Libya’s plan to provide liquidity.
  • Clearing between banks.

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