The total uses of foreign exchange by banks from 1/1 – to 31/05/2023 amounted to about $8,736,159,886 compared to $7,062,872,826 during the same months of 2022, with an increase of about $1,673,287…
Financial soundness indicators are considered a measure of the robustness of the financial sector and its institutional units in general and the banking sector. Such indicators are one of the import…
The consolidated budget of commercial banks showed a decline in its total items on both sides of assets and liabilities at the end of the first quarter of 2023. Where the total assets within the con…
Central Bank of Libya published a report of the important financial data of the commercial banks, where it drew a summary of banks’ performance at the end of the first quarter of 2023, and showed a…
The economic Business Insider Africa stated that Libya ranks third in Africa with the largest reserves of gold in 2023, with gold reserves estimated at 117 tons.
The website added that Algeria co…
The International Monetary Fund stated yesterday, Monday, that Libya needs an economic strategy that clearly outlines the path forward. This will be an opportunity to work on improving the utilizati…
