The new Board of Directors of the Central Bank of Libya (CBL) confirmed that it has ”today completed the process of fully assuming the management of the bank”.
The announcement was made on the official Facebook page of the CBL – but not on its Twitter/X page nor on the CBL’s official website. It indicates that the new Board is at least in control of the CBL building and some of its social media platforms. But it is still unclear if it has full control of banking operations – and especially foreign operations.
In this context, the Board said it has committed to all necessary measures to ensure a smooth transition, overcoming any attempts at disruption by the previous administration.
The Board of Directors stressed its full commitment to the priorities and pledges announced in its first statement.
‘‘We are fully aware of the great responsibilities placed on our shoulders at this critical stage in the history of our country, and we are striving with all our efforts to save our country’s economy, achieve benefit for the Libyan citizen, and contribute to addressing the effects of the crises that the citizen bears the burden of.
We are confident that this stage will witness the achievement of the desired goals thanks to the cooperation and collaboration of all parties’’, the new CBL Board concluded.
Several banking operations suspended due to CBL crisis (libyaherald.com)
HoR condemns attempted storming of CBL (libyaherald.com)
Presidency Council to elect new board and Governor of CBL (libyaherald.com)
HoR confirms El-Kaber as Governor of the CBL (libyaherald.com)
The end of the road for current CBL Governor El-Kaber? (libyaherald.com)
CBL Governor Saddek Elkaber sacked again | (libyaherald.com)
