Ninety percent of Libyan banks linked electronically to their headquarters

By Sami Zaptia.

London, 14 October 2021:

The Central Bank of Libya (CBL) announced Tuesday that about 90 percent of commercial bank in Libya have completed linking up with their central administrations.

The announcement came after a follow-up meeting Tuesday of the Project Director and the Deputy Director of the Banking and Monetary Control Department for Inspection Affairs at the headquarters of the Banking and Monetary Control Department with the general managers of some commercial banks.

The meeting followed-up on the implementation of the project to link the branches of commercial banks with the central systems of their public administrations, which was launched by the CBL early this year.