Governor ElKaber spoke with REUTERS to discuss the serious risks the current oil blockade poses to the Libyan people and the country’s economy and the chances of reaching a political agreement in the near future . Details on this link : Libyan central bank of chief says oil blockade must be lifted.

 

 

Mr.Saddek Omar Elkaber, Governor of the Central Bank of Libya held a meeting on Sunday 28-10-2018 with the board of directors of the National Oil Corporation, Attendees were Mr.Mustafa SanAllah, Chairman of NOC, some consultants and a number of managers and employees of the company. The plan of NOC for production development was shared during the meeting, besides discussing the prospects of the budget prepared by the National Oil Corporation for year 2019, as Mr.Mustafa SanAllah ,Chairman of the board of directors of the company discussed the most important challenges and difficulties facing the corporation in various financial and technical fields. The Governor assured during the meeting that the Central Bank of Libya will fully support the national oil corporation as it’s considered the only resource and the main supplier for the general budget, confirming the continuance of CBL in providing all possible support for NOC in order to overcome difficulties and raise the productive efficiency.

Mr.Saddek Omar Elkaber,Governor of The Central Bank of Libya, held a meeting on 8:30 Sunday morning 21-10-2018 at the Supervisory on Banks and Monetary Department. This meeting was under the framework of the Central Bank following up the progress of the financial and economic reform program and evaluating services of commercial banks either for customers or companies, besides discussing the difficulties facing the banks in order to solve. The meeting also addressed the electronic clearing, Issuance of Instruments, Electronic payment services which aim to improve the performance of banks for citizens, as well as completing any requirements for the sake of development, especially for the cities in the south of the state. In addition, the meeting also discussed the performance of commercial banks in the field of combating money laundering and terrorism financing.