Central Bank of Libya permits issuance of certificates of deposit
The Central Bank of Libya issued instructions yesterday to Libyan commercial banks to begin issuing certificates of deposit. It is ...
Tag: bank banks banking
Forcing e-payment service providers to provide services at low commissions can have many intended or unintended consequences: leading Fintech and Bank chairman
Forcing e-payment service providers to provide services at low fees can have many consequences, whether intentional or unintentional, the Chairman ...
Libyan Italian event on ‘‘Intermediary Banks and their Role in Facilitating Banking Transactions’’ at Tripoli Chamber – 20 January
The Tripoli Chamber of Commerce is organising a Libyan Italian economic meeting under the slogan ‘‘Intermediary banks and their role ...
Libya has around 124,000 Point of Sales machines – needs 200 to 250,000 to solve its liquidity problem: Former senior banker
Despite the ''more than excellent'' numbers achieved by local banks by the end of 2024 regarding electronic services, Libya needs ...
The Second Libyan Banking Forum will be held on 13 October in Tripoli
The Second Libyan Banking Forum will be held on 13 October in Tripoli, organisers say. This year’s event will be ...
Aldabaiba criticises banks and CBL for return of liquidity crisis – calls for structural bank reform
Tripoli based Libyan Prime Minister, Abd Alhamid Aldabaiba, accused ‘‘some parties’’ of re-creating the liquidity shortage crisis at banks, stressing ...
Maltese companies and banks ready to resume work with Libya
Maltese companies wish to return to resume their activities in Libya to participate in various projects, and banks in Malta ...
CBL National Payments Council sets ambitious digitising bank targets for April
The Central Bank of Libya (CBL) reported that at the second 2023 meeting of its National Payments Council today, headed ...
Libyan Banking Union holds forum on application of international standards in Istanbul
The Libyan Banking Union held the ‘‘First Forum of Libyan Banks’’ in Istanbul from 24 to 25 February. The event ...
Ninety percent of Libyan banks linked electronically to their headquarters
By Sami Zaptia. (Logo: Tripoli CBL). London, 14 October 2021: The Central Bank of Libya (CBL) announced Tuesday that about ...
Top Stories
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Suspect arrested in possession of over 400 currency debit cards destined for money laundering via UAE and Turkey
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CBL to inject US$ 3 billion in May and another US$ 3.5 billion in June to meet accumulated demand and stabilise currency and commodity markets
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Court of Appeal acquits former Qaddafi intelligence chief Senussi, and others, of all charges related to suppression of protesters during 2011 revolution
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Bosnia Herzegovina engineering company Energoinvest signs € 2.71 million contract with Libyan Iron and Steel Co to construct a power station
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Fifth Libyan-German Economic Forum kicks off in Tripoli
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.