Exclusive: The Central Bank adds a new clause to the credit regulations by not accepting pro forma invoices issued by general trading companies

Our source has obtained a communication from the Central Bank of Libya to the general managers of banks, adding regulations for credits that require adherence to not accepting pro forma invoices issued by general trading companies.

Additionally, the company issuing the pro forma invoice must be registered with the relevant authorities, including the Ministry of Economy in the country where the invoice is issued, and the commercial register of the home country.