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The Central Bank of Libya's Board of Directors holds its second meeting of 2025 in the city of sabha

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On Tuesday morning, February 25, 2025, CBL's Board of Directors held its second meeting of 2025 in city of sabha, chaired by the Governor, with the attendance of his Deputy and all board members. During the meeting, the agenda items were discussed, with the most important being the follow-up on exchange rate indicators, covering the demand for foreign currency, and the level of oil revenues deposited into the bank. The board also decided to encourage banks to expand their branches and agencies in the southern regions, maintain existing branches, and increase the spread of electronic payment services while ensuring a continuous supply of liquidity.

On the sidelines of the meeting, H.E. Naji Mohammed Issa Governor of the Central Bank of Libya and all board members conducted a field visit within the city of Sebha, starting with the branch of the Central Bank of Libya in sabha, followed by a visit to commercial bank branches to assess their compliance with the Central Bank's directives regarding the plan to resolve the cash liquidity shortage, enhance electronic payment systems, and ensure the readiness of commercial bank employees and security personnel at facilities and branches in the southern region to serve citizens and organize branch operations.


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