Banking & Finance

15-07-2013
Commercial banks in Sirte held a one-day strike on 14 July in protest at a series of armed robberies in the city, according to the state news agency.
15-07-2013
The National Commercial Bank (NCB) reported profits of LD65m ($52m) in the second three months of the year, up more than 30% on the same period in 2012.
12-07-2013
The Central Bank of Libya (CBL) says it will hold a draw for each district to select which companies will be awarded a money exchange license, with some 450 applicants taking part in the process.
08-07-2013
The Central Bank of Libya (CBL) has announced Ramadan working hours for all commercial banks in Libya
04-07-2013
The finance minister said in May that Libya would contribute to the fund, which is administered by the Tunis-based African Development Bank (AfDB).
04-07-2013
Assets of the state-owned Libyan Foreign Bank (LFB) reached LD25bn ($20bn) at the end of March, their highest-ever level.
04-07-2013
The insurance firm held its annual general meeting in Tripoli last week.
03-07-2013
The Libyan Arab Foreign Investment Company (LAFICO) has bought a stake in a Tunisian steel wire manufacturer.
02-07-2013
The Central Bank of Libya says that it received too many applications for money exchange licenses, and will therefore select the winning companies at random.
02-07-2013
The Central Bank of Libya (CBL) plans to set up a new branch office in the north-eastern city.
01-07-2013
At its annual general meeting last week, the bank approved a dividend for the 2012 financial year and confirmed a decision to convert into an Islamic lender.
30-06-2013
The Central Bank of Libya (CBL) has extended the deadline for exchanging first and second issues of the LD20 ($16) note, a new version of which has recently been introduced.
30-06-2013
Korea's KOMSCO has reportedly won a contract from the Central Bank of Libya (CBL) to mint a series of new coins.
26-06-2013
Trading values on the diminutive Libyan Stock Market (LSM) have picked up this week, though still remain minimal in relative terms.
25-06-2013
The state-controlled company, which has a partnership agreement with Bupa International, also saw its assets rise strongly on the previous period.