The return of the cash liquidity crisis in Libya and queues extending in front of banks

The return of the cash liquidity crisis in Libya and queues extending in front of banks

Al-Arabi Al-Jadeed – Ahmed Al-KhamisiThe majority of commercial banks in Libya are suffering from a liquidity crisis, and a large number of citizens are queuing in front of ATMs. This comes with an increase in currency and cash transactions in the markets by 10 percent, with jumps in the price of the dollar in the … Read more

How to update your data in Libyan banks to ensure obtaining allocations for personal purposes

How to update your data in Libyan banks to ensure obtaining allocations for personal purposes

During the past few days, a number of Libyan banks called on their customers to update the personal data of their accounts to facilitate the procedures for charging customers’ personal item allocations and avoid delays in completing the procedures for obtaining the service immediately after the launch of the system by the Central Bank of … Read more

Special.. A report by the Central Bank’s Research and Supervision Departments reveals details of the uses of foreign exchange

Special.. A report by the Central Bank’s Research and Supervision Departments reveals details of the uses of foreign exchange

Sada Al-Eqtisadiah newspaper obtained exclusively the periodic report of the Departments of Research, Statistics, and Banking and Monetary Control at the Central Bank of Libya on foreign exchange sales. During the period (1/1 – 02/29/2024) where reach Total banks’ use of foreign exchange during the period (1/1 – until 02/29/2024) is about1,118,121,545 Billion dollars, vs … Read more