Exclusive: Until the End of 2025, Central Bank Directs Banks to Halt Direct or Indirect Financing for Legal Entities

Our source has obtained exclusively a correspondence from the Central Bank of Libya to commercial banks.

The Central Bank instructed bank managers to temporarily halt granting direct or indirect financing to legal entities in both the public and private sectors. It also emphasized adherence to the maximum limit on the overall expansion of the credit and financing portfolio, as referenced in Circular No. (25/2025), regarding financing for natural persons, until the end of 2025.