Regulatory Alerts2022-06-07
Central Bank of Libya Periodic Letter No. 50/2013
The Central Bank of Libya, through Periodic Letter No. 50/2013 dated March 10, 2013, authorizes its Governor to determine the annual subscription fee for the depositors' funds guarantee fund and applicable late payment penalties. Issued to commercial bank general managers, interim administrative committee chairmen, and the Libyan Foreign Bank director, this directive implements Board Decision No. 34 of 2010 regarding fee assessments and payment timelines. The letter establishes the procedural framework for periodic fee evaluations conducted by the Central Bank to ensure consistent financial compliance across Libyan commercial banking institutions.
Central Bank of Libya
P.O. Box 1103, Telegram Addresses: Bank of Libya - Tripoli - Libya
Reference: Order No. 1063
Periodic Letter No. AM/N (2013/50)
Date: 28 Rabi' al-Thani
Corresponding: 10 March 2013
Gentlemen / General Managers of Commercial Banks
Gentlemen / Chairmen of the Interim Administrative Committees of Commercial Banks
Mr. / General Manager of the Libyan Foreign Bank
In the name of God, the Most Gracious, the Most Merciful,
Based on the decision of the Board of Directors of the Central Bank of Libya No. (34) for the year 2010,
the Governor is authorized to determine the annual subscription fee in the depositors' funds guarantee fund and the late payment penalty within the specified period.
And with reference to the periodic fee (2011/2013)
which was conducted by the Central Bank of Libya,
and prepared by the Central Bank of Libya,
produced by the Central Bank of Libya,
and prepared by the Central Bank of Libya,
derived from the Central Bank of Libya,
and prepared by the Central Bank of Libya,
produced from the Central Bank of Libya.
Central Bank of Libya
P.O. Box 103, Telegram Addresses: Bank of Libya - Tripoli - Libya
Reference: Order No. 1063
Periodic Letter No. AM/N (2013/50)
Date: 28 Rabi' al-Thani
Corresponding: 10 March 2013
Gentlemen / General Managers of Commercial Banks
Gentlemen / Chairmen of the Interim Administrative Committees of Commercial Banks
Mr. / General Manager of the Libyan Foreign Bank
In the name of God, the Most Gracious, the Most Merciful,
Based on the decision of the Board of Directors of the Central Bank of Libya No. (34) for the year 2010,
the Governor is authorized to determine the annual subscription fee in the depositors' funds guarantee fund and the late payment penalty within the specified period.
And with reference to the periodic fee (2011/2011)
which was conducted by the Central Bank of Libya,
and prepared by the Libyan Central Bank,
produced from the Central Bank of Libya,
and prepared by the Central Bank of Comm.