Governor of the Central Bank of Libya Meets with General Managers of Commercial Banks
The Governor of the Central Bank of Libya, H.E. Mr. Naji Mohammed Issa, held a meeting with heads of major commercial banks. The meeting was attended by several members of the Bank’s Board of Directors, senior officials from relevant departments, and the General Manager of Moamalat Financial Services Company on Wednesday, April 30, 2025.
The meeting covered a range of topics, including the commercial banks' preparations and needs to keep pace with the Central Bank's plan to provide cash liquidity, as well as the ongoing efforts by bank branches to finalize the withdrawal of the 50-dinar banknote. Discussions also addressed the enhancement of electronic payment services.
At the conclusion of the meeting, the Governor commended the efforts of bank employees in improving the quality of banking services provided to citizens. He encouraged further efforts, particularly in the development of digital and technical infrastructure for electronic and instant payment services, to support a gradual shift toward digital transformation. He also emphasized the importance of ensuring that all bank branches are prepared to distribute liquidity starting next week, following the completion of the 50-dinar withdrawal process and the provision of new banknote issuances through teller windows and ATMs.