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Tunisian goods entering Libya by land will no longer need to be paid for through Letters of Credit
By Sami Zaptia. London, 24 May 2021: Letters of Credit (LCs) will no longer be needed for Tunisian goods entering ...
Tag: LCs letters of credit
CBL allows for opening of LCs for imports through land borders
By Sami Zaptia. (Logo: Tripoli CBL). London, 24 February 2021: The Tripoli Central Bank of Libya (CBL) has adjusted its ...
CBL responds to Global Witness report on LC corruption
By Sami Zaptia. (Logo: Tripoli CBL). London, 20 February 2021: The Tripoli Central Bank of Libya (CBL) today responded to ...
Fraudulent Libyan Letters of Credit money entering international financial system via London – Report
By Sami Zaptia. (Photo: Global Witness /Leon Neal / AFP via Getty Images). London, 19 February 2021: A new report ...
Libyan imports to continue to be allowed to enter without Letters of Credit payment prerequisite
By Sami Zaptia. Libyan imports to continue to allowed to enter without LC payment (Photo: Pymnts.com). London, 27 August 2020: ...
Libyan market may reopen for Tunisian agricultural products next week: Tunisian Agri Union
By Sami Zaptia. The Tunisian Agricultural Union has reported that resumption of its country's fruit exports will resume next week ...
Libya’s General Union of Chambers’ head attacks Tripoli CBL’s policy intransigence
By Sami Zaptia. The head of the Libyan General Union of Chambers of Commerce and Industry, Mohamed Raied has accused ...
Tripoli Finance Minister says Tripoli CBL is using monetary policy incorrectly
By Sami Zaptia. Libya's internationally recognized Finance Minister has blamed the Tripoli CBL for its poor monetary policy (Photo: Archive ...
Serraj Ministry of Finance calls for more hard currency for small business to negate black market
By Sami Zaptia. The Serraj Ministry of Finance has called for more currency to be made available for small business ...
CBL to investigate companies suspected of smuggling hard currency through LCs
By Sami Zaptia. (Logo: Tripoli CBL). London, 21 May 2018: The Governor of the Tripoli-based Central Bank of Libya (CBL), ...
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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.