The Central Bank of Libya reviewed commercial banks’ measures to maintain cash liquidity, distribute foreign currency under approved procedures and expand electronic payments. Gross electronic payment transactions across various systems reached about LYD 764.9 billion from Jan. 1 through Aug. 31, 2026, reflecting continued growth as the central bank advances earlier efforts to broaden digital payment services and strengthen supporting infrastructure. The meeting also examined banks’ operational readiness and measures to improve the speed and efficiency of banking services. Governor Naji Issa called for full compliance with central bank instructions, closer coordination with commercial banks, prompt action on service bottlenecks and continued monitoring of bank performance.
2026-09-03Central Bank of Libya
Central Bank of Libya reviews banking access as electronic payments reach LYD 764.9 billion
The Central Bank of Libya reviewed cash liquidity, regulated access to foreign currency and the continued expansion of electronic payments. Gross electronic payment transactions reached about LYD 764.9 billion from Jan. 1 through Aug. 31, 2026, while the central bank pressed banks to improve operational readiness, compliance and service delivery.