Exclusive: Central Bank of Libya Warns UBCI Over Unauthorized Fees and Orders Refund of 3.4 Million LYD
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Our source has exclusively obtained a letter from the Central Bank of Libya addressed to UBCI, warning the bank over unauthorized deductions of fees from customers.
According to the findings of t…
Exclusive: Central Bank Warns Libyan Islamic Bank Over Unlawful Fee Deductions Exceeding 419,000 LYD
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Our source exclusively has obtained a letter from the Central Bank of Libya addressed to the Libyan Islamic Bank, instructing the bank to refund fees it had deducted from customers, amounting to ove…
Focus Should Be on Internal Stability, Not External Emergencies – Ruffinetti Reveals to Sada the Truth Behind Replacing Iranian Oil with Libyan Oil
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Italian strategic expert Daniele Ruffinetti told our source on Monday that Libyan oil could certainly serve as an alternative in the event of oil supply disruptions if Iran decides to respond by att…
Exclusive: Central Bank Warns Aman Bank Over Deductions Exceeding 37 Million Dinars… and Demands Refund
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Our source has exclusively obtained — confirming what it reported yesterday — a correspondence from the Central Bank of Libya addressing Aman Bank for violating CBL instructions by deducting a commi…
Exclusive: Husni Bey Comments on Central Bank’s Decision to Withdraw Several Libyan Banknote Denominations
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Libyan businessman Husni Bey stated in an exclusive comment to our source: “The withdrawal of a banknote denomination or a specific issue of currency — whether it is the 50, 20, 5, or 1 dinar note —…
Exclusive: Central Bank Ends Monopoly and Requires Banks to Open Letters of Credit for Small Traders with a Ceiling of $300,000
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The Central Bank of Libya revealed to our source exclusively: “Following complaints submitted to the Central Bank by small traders, the Central Bank of Libya has obligated commercial banks to open l…