SME financing units established by two Libyan banks.

Jumhouria Bank and the Arab Commercial Bank recently approved the establishment of SME units to serve small and medium-sized enterprises (SMEs), Expertise France reported...

CBL Governor appoints new Libyan Foreign Bank (LFB) Director.

The Governor of the Central Bank of Libya (CBL), Sadiq Al-Kabir, appointed on Thursday Akram Khalifa as General Director of the Libyan Foreign Bank...

Libya Business Council and Sahel-Sahara bank discuss cooperation and investments in...

The Libya Business Council (LBC), Libya’s only legally recognized country-wide business council, discussed investment by LBC members in Africa with the Sahel and Sahara...

Ministry of Finance transfers permission to the CBL for the April...

The Ministry of Finance announced that it has forwarded to the Department of Banking Operations at the Central Bank of Libya (CBL) permission for...

Benghazi university and CBL workshop on bank risk and SME finance.

The University of Benghazi’s Finance and Banking Department of its Faculty of Economy and the eastern Central Bank of Libya will hold a workshop...

Ministry of Finance receives permission to transfer January and February salaries.

The Ministry of Finance of the Government of National Accord (GNA), announced on Monday that permission had been received from the Central Bank of...

Libya okays a 2020 Budget worth 38.5 Billion Dinars.

The Libyan Government of National Accord (GNA) has approved 2020 budget and financial arrangements, saying they are worth 38.5 billion dinars. The decision came after...

Libya’s Central Bank, Audit Bureau agree on 2020 budget.

The Central Bank of Libya (CBL) and the Audit Bureau agreed Thursday on the financial arrangements and budget for 2020 in Libya. In a meeting...

National Payments Council discusses ways to develop e-payments services, subsidies for...

Libya’s National Payments Council met last Thursday to discuss ways to develop electronic payment services and regulations governing it in the Libyan banking market,...

Economy Ministry announces a loan scheme for youth.

Economy Minister, Ali Al-Issawi has disclosed an agreement between the ministry and 6 commercial banks to finance loans for young people early next year. The...