The Central Bank of Libya confirmed exclusively to our source that cash will be available in all branches of commercial banks starting from December 14.
It added that today it completed the transfer of November salaries to their recipients through the instant salary system, and that salaries for the remaining sectors will be transferred through the portfolios mechanism during the coming week.
According to the Central Bank, cash will be available starting the following Sunday due to concerns that it may leak through channels not designated for customers who receive their salaries monthly. The Libyan banking sector encourages all citizens to use electronic payment tools and methods, as they are considered the best and most sustainable solution, supporting digital transformation towards a fully integrated digital economy.
