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2022-06-07

Central Bank of Libya Periodic Letter (106/2015)

The Central Bank of Libya issued Periodic Letter No. 305/2015 to mandate adjusted operating hours for bank employees and customers from September 17 to September 23, 2015. The directive specifies reduced branch operations during Eid al-Adha until October 1, 2015, as compensation for preceding working days, while requiring banks to maintain essential services. This regulatory instruction applies to all commercial banks and related financial institutions under the Central Bank's supervisory authority.

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Central Bank of Libya

P.O. Box 1103, Telegram: Libyan Bank - Tripoli, Libya

Periodic Letter No. 1 Ram N (305/2015)
Date: 03 Dhu al-Hijjah 1436 AH ...
Corresponding to: 17 September 2015 AD ...

To the Respective Officials of Trade and Industry
To the Heads of Administrative Committees for Commercial Banks
To the General Managers - Libyan External Bank
To the General Manager - Ports and Water Services Company

Greetings,

In continuation of the provisions of Law No. (1) of 2005 regarding Banks, and within the framework
of the Central Bank of Libya's implementation of its supervisory and regulatory role,
the instructions of the Central Bank of Libya regarding operations during this week
and the following week have been organized, effective from Thursday corresponding to 17/09/2015 AD, as follows:

First: Regarding Employees:

  • Thursday corresponding to 2015/09/17
    from (08:00) AM to (16:30) PM
  • Saturday corresponding to 2015/09/19
    from (09:00) AM to (13:30) PM
  • From Sunday corresponding to 2015/09/20
    to Wednesday corresponding to 2015/09/22
    from (08:00) AM to (16:30) PM
  • Wednesday corresponding to 2015/09/23
    from (09:00) AM to (13:30) PM

Second: Regarding Customers:

  • Thursday corresponding to 2015/09/17
    from (08:30) AM to (16:00) PM
  • Saturday corresponding to 2015/09/19
    from (09:30) AM to (13:00) PM
  • From Sunday corresponding to 2015/09/20
    to Wednesday corresponding to 2015/09/22
    from (08:30) AM to (16:00) PM
  • Wednesday corresponding to 2015/09/23
    from (09:30) AM to (13:00) PM

Noting that banks will reduce their branches from the first day of Eid al-Adha until the end
of 2015/10/01 AD as compensation for the preceding working days; accordingly, banks should consider their
essential operational conditions during this period. We apologize for imposing this decision and wish you, on the occasion of
Eid al-Adha and throughout the year, all the best.

And upon you be peace, mercy of Allah and His blessings...

"Abdulaziz bin Aboud Tribi'"
Director of Banks Supervision Department / Central Bank

Copy / Signature
COPY / DRAFTER:
COPY / Director of Commercial Operations Department - Central Bank of Libya
COPY / Director of Information and Computer Department - Central Bank of Libya
COPY / Director of Branch Management Department - Central Bank of Libya (Ghat - Benghazi - Derna)
COPY / General Manager (Central Bank of Libya)
Document Number: 7

www.cbl.gov.ly, SWIFT Code: CBLJLYLX, Fax: +218 21 444 1488, Phone: +218 21 333 3591

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