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Tag Archive

Letters of Credit

3 / 8

CBL Governor assures US business that Letter of Credit openings and foreign exchange sales to the public and private sectors proceeding normally
Apr 22, 2025 Sami Zaptia

CBL Governor assures US business that Letter of Credit openings and foreign exchange sales to the public and private sectors proceeding normally

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CBL opened all US$ 6.5 bn LC requests for import of Ramadan food products – no justification for shortages or price rises!
Feb 28, 2025 Sami Zaptia

CBL opened all US$ 6.5 bn LC requests for import of Ramadan food products – no justification for shortages or price rises!

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Chambers of commerce and business councils call for a protest in Tripoli next Sunday against CBL LC policy
Mar 7, 2024 Sami Zaptia

Chambers of commerce and business councils call for a protest in Tripoli next Sunday against CBL LC policy

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Customs officials and Yaqeen bank members detained in over LD 1.2 billion letters of credit fraud
Feb 19, 2024 Sami Zaptia

Customs officials and Yaqeen bank members detained in over LD 1.2 billion letters of credit fraud

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May 24, 2021 Sami Zaptia

Tunisian goods entering Libya by land will no longer need to be paid for through Letters of Credit

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Feb 24, 2021 Sami Zaptia

CBL allows for opening of LCs for imports through land borders

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Feb 20, 2021 Sami Zaptia

CBL responds to Global Witness report on LC corruption

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Nov 25, 2020 Sami Zaptia

Tripoli Libyan government reverses decision on imports needing LCs

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Nov 18, 2020 Sami Zaptia

Imports at ports not paid for by LCs will no longer be released after 31 December

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Libyan imports to continue to be allowed to enter without Letters of Credit payment prerequisite
Aug 27, 2020 Sami Zaptia

Libyan imports to continue to be allowed to enter without Letters of Credit payment prerequisite

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