The Central Bank of Libya, in cooperation with the Economic Sciences Research Centre, is organizing a conference entitled ‘‘The Libyan Banking System: Towards a Future Vision for Development. The event will include international participation and will be held from 12 to 13 August in the Conference Hall, Benghazi.
The conference objectives will be:
- Emphasis on the role of the Central Bank of Libya in following up the local, regional and international economic affairs.
- Statement of the role of the Libyan banking system in economic activity.
- Diagnosing the reality of the banking system in Libya.
- Statement of the role of non-banking financial institutions supporting the Libyan banking system.
- Drawing a future vision for the development of the Libyan banking system.
Conference themes:
The first axis: the banking system and economic activity:
- The economic role of Libyan banks.
- The banking system’s relationship with economic activity.
- The relationship of the banking system to the money market.
- Experiences of global banking systems and lessons learned.
The second axis: Banks and non-banking institutions operating in Libya:
- The reality of the banking system in Libya.
- Banking laws and legislation governing in Libya.
- The role of financial inclusion in achieving stability and economic growth in Libya.
- The role of non-banking institutions in supporting the Libyan banking system.
The third axis: recent technical developments and the Libyan banking system:
- The role of various technical developments in developing the Libyan banking system.
- The role of digital transformation in developing the Islamic financial industry in Libya.
- Digitizing the services of the banking industry to enhance digital financial inclusion.
- Risks associated with electronic banking services and their implications.
The fourth axis: the future vision towards development:
- The foundations and controls that govern the advanced banking business.
- Banking work programs during periods of development and adoption of new policies.
- Mechanisms for activating the money market in the national economy.
- Principles and controls for the development of Islamic financial products and services.
