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Exclusive: Central Bank of Libya to Begin Cash Distribution Next Sunday — Extends Banking Hours and Warns of Strict Penalties for Non-Compliance

Our source exclusively obtained the Central Bank of Libya’s circular to banks regarding its instructions to extend working hours until 5 p.m. starting from next Sunday until Thursday, October 16. This measure aims to give customers the opportunity to withdraw cash from their accounts. The banks must also inform customers through all social media platforms, including their official websites, of the procedures taken regarding the distribution of cash liquidity.

The Central Bank emphasized that all bank branches will be subject to monitoring by inspection teams, and any bank that violates these instructions will bear full legal responsibility. The strictest penalties stipulated by law will be applied against violators.

This comes with reference to the Central Bank’s periodic letters dated October 5, regarding the start of distributing cash liquidity to banks, in order to distribute it to all branches in various regions of Libya, and begin distributing it to citizens on Sunday, October 12, 2025. The banks are also instructed to increase the number of service windows and tellers, and to continuously refill all ATMs with cash so they operate regularly at all times, facilitating citizens’ cash withdrawal process.

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