A number of company owners who have deposited their funds at the Libyan Islamic Bank told our source that they have been unable to withdraw liquidity, at a time when the bank continues to officially inform them that “cash is unavailable,” despite individuals’ accounts continuing to be allowed withdrawals.
The company owners also pointed to a clear deterioration in the level of services within the bank, reaching the suspension of even the most basic procedures, including the issuance of certified checks, which has deepened dissatisfaction and caused paralysis within the commercial sector.
