The Central Bank of Libya (CBL) is 100% state ownership and represents the monetary authority in The Great Socialist People’s Libyan Arab Jamahiriya and enjoys the status of autonomous corporate body. The law establishing the CBL stipulates that the objectives of the Central Bank shall be to maintain monetary

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INVITATION TO SUBMIT AN EXPRESSION OF INTEREST To Set Up a Subsidiary in Libya

An important part of Libya’s financial sector reform strategy is to allow foreign banks to operate in the country. In this context, the CentralBank of Libya (the “Central Bank”) will issue two licenses to foreign banks who would have an ownership of up to 49% in the new banks withfull management control. The remaining 51% will be owned by domestic investors. The Central Bank will be handling all issues related to theissuance of the two licenses and will mobilize

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• Invitation to subscribe
• Press release – Central Bank of Libya
• JOINT PRESS RELEASE

• The Resolution no. 80 of the Board of Directors of the Central Bank of Libya of the year 1376 P.D (2008), regarding the imposition of penalties on the Mediterranean Bank.
• The Resolution no. 79 of the Board of Directors of the Central Bank of Libya of the year 1376 P.D (2008) regarding the imposition of penalties on Aman Bank for Commerce & Investment.
• The Resolution no. 78 of the Board of Directors of the Central Bank of Libya of the year 1376 P.D (2008 ) regarding the imposition of penalties on some banks.