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Letters of Credit

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Electronic service for receiving vessel arrival notifications & cargo manifests activated at Tripoli & Khoms ports
4 days ago Sami Zaptia

Electronic service for receiving vessel arrival notifications & cargo manifests activated at Tripoli & Khoms ports

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Central Bank of Libya source: US$ 15.7 billion sold to commercial banks as of 21 July - US$ 3.5 bn to follow
Jul 22 Ibrahim Senusi

Central Bank of Libya source: US$ 15.7 billion sold to commercial banks as of 21 July - US$ 3.5 bn to follow

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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
May 20 Sami Zaptia

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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Customs Authority introduces use of specialized security paper for official letters to prevent LC forgery
Mar 16 Sami Zaptia

Customs Authority introduces use of specialized security paper for official letters to prevent LC forgery

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Ministry of Planning meets Libyan Industry Union to discuss support for nationally manufactured products
Feb 18 Sami Zaptia

Ministry of Planning meets Libyan Industry Union to discuss support for nationally manufactured products

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There is no shortage of food supplies in the Libyan marketplace: Customs Authority
Feb 17 Sami Zaptia

There is no shortage of food supplies in the Libyan marketplace: Customs Authority

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CBL reaches agreement with importers to urgently deliver 2.5 million boxes of cooking oil
Feb 16 Sami Zaptia

CBL reaches agreement with importers to urgently deliver 2.5 million boxes of cooking oil

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Ministry of Economy warns animal feed importers who had obtained LC to justify pricing structure and prove market availability of their imports
Feb 7 Sami Zaptia

Ministry of Economy warns animal feed importers who had obtained LC to justify pricing structure and prove market availability of their imports

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CBL’s role in granting LCs is limited - does not include assessing Libya’s economic needs
Jan 26 Sami Zaptia

CBL’s role in granting LCs is limited - does not include assessing Libya’s economic needs

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Assigning a tracking company for Libya’s imported cargo could eliminate Letters of Credit fraud: Attorney General Al-Sour
Jan 22 Sami Zaptia

Assigning a tracking company for Libya’s imported cargo could eliminate Letters of Credit fraud: Attorney General Al-Sour

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