Al-Wafa Bank has signed an agreement with the Arab Financial Services Company (AFS) to provide prepaid card processing services and a range of payment services digital value-added bank, and this was in the context of improving the financial situation of Al-Wafa Bank, and to provide high-quality services to customers. The signing ceremony was attended by […]
Jumhouria Bank announced the reopening of its doors on Sunday October 9/ 2022/ after updating the basic banking system . The bank said to its customers that their understanding during the closure period is greatly appreciated, while offering apologies for any inconvenience this may cause, while stressing that it remains committed to providing high […]
Our source obtained a copy of the Central Bank of Libya’s report regarding the banks’ use of foreign exchange, as the total foreign exchange expenditures for all purposes during the first nine months of the current year 2022 amounted to about 17,873.0 million dollars, compared to 18,114.0 million dollars during the same period last year […]
The Central Bank of Libya, issued its monthly statement of public revenues and expenditures, which covers the period from January 1 to September 30, 2022. According to the Central Bank, total oil sales revenues amounted to 89.7 billion, and total expenditures amounted to 67.2 billion. In detail, the Central Bank said revenues from oil sales […]
The Prime Minister of the Libyan government mandated by Parliament, Fathi Bashagha, assigned Deputy Prime Minister, Ali Al-Qatrani, with the tasks and capabilities of the Prime Minister of the Libyan government. This assignment comes due to the Prime Minister’s travel on Wednesday, October 5, 2022.
The liquidity team of the Central Bank of Libya revealed exclusively to our source that at these moments, a liquidity shipment worth 60 million arrived at Benina Airport in Benghazi, coming from the Central Bank of Libya, Tripoli. This is within the framework of the Central Bank of Libya’s plan to provide liquidity in all […]
In line with the principles of disclosure and transparency adopted by the Central Bank of Libya, the Banking and Monetary Control Department at the Central Bank of Libya issued today its first report on “Commercial Banks’ Uses of Foreign Exchange” during the period: (1/1 to 31/8 – 2022) “which is a detailed report that contains […]
The Assistant Director of Retail Sales at the National Commercial Bank, Nasr Al-Mismari, spoke in an interview with our source, about the electronic services provided by the bank, where he said: “We have among the services the Numo card, which is used on self-withdrawal machines scattered throughout Libya and with a ceiling Daily withdrawal of […]
The Minister of Planning and of Finance of the Libyan government mandated by the House of Representatives, Osama Hammad, confirmed the readiness of the final proposal for the salary system in the public entities funded by the public treasury, which was referred by the Libyan government to the House of Representatives for presentation, and will […]
Our source obtained exclusively from the correspondence of the director of the issuance department at the Central Bank of Libya to the general managers of the banks, where he asked them urgently to follow up on their branches and provide them with the necessary liquidity with the possibility of increasing the ceiling of withdrawals for […]
The liquidity team of the Central Bank of Libya revealed exclusively to our source the arrival of these moments a liquidity shipment worth 60 million dinars to Benina Airport in Benghazi, coming from Tripoli to the branches of the Jumhouria Bank. This is within the framework of the Central Bank of Libya’s plan to provide […]
Our source obtained exclusively the letter of the President of the Administrative Control Authority in Tripoli, Suleiman Al-Shanti to the Director of Al-Wahda Bank, Bin Jawad Branch, and the Director of the National Commercial Bank, branch of Ras Lanuf. Whereas, you are urgently requested to seize the accounts of the hospital on your side, except […]
The liquidity team of the Central Bank of Libya revealed exclusively to our source that at these moments, a liquidity shipment worth 17 million dinars coming from Tripoli, arrived at Kufra Airport, as part of the Central Bank of Libya’s plan to provide liquidity in all branches of commercial banks. 8 million were allocated to […]
An official source at the General Electricity Company revealed exclusively that the correspondence to purchase cars for the board of directors is forged and incorrect. According to the source, the reference number in the letter is related to another correspondence that includes a request by the Procurement Committee to provide stationery.
An expert in maritime transport economics, Dr. Abdullah Al-Tarhouni, revealed exclusively to our source regarding the price reduction, saying: “The reduction included some commodities and all of them. It is just a temporary problem in an unstable market, as the Libyan economy is going through a stage of stagflation, which is caused by the decline […]
