Central Bank of Libya

P.O. Box 1103 | Telegraph Address: Libya Banks - Tripoli - Libya

Reference: CBL/N 799

Periodic Letter No. CBL/N (2019/163)

Date: 23 Safar 1441 AH ... Corresponding to: October 22, 2019 ...

To the General Managers of Banks

Mr./General Manager - Ma'amalat Financial Services Company

Greetings...

Based on the provisions of Law No. (1) of 2005 concerning Banks and its amendments, and within the framework of the Central Bank of Libya's supervisory and regulatory role over banks.

We inform you that the upcoming Wednesday, October 23, 2019, is an official holiday in observance of Liberation Day. Pursuant to Article (17) of the Executive Regulations of Law No. (12) of 2010 on Labor Relations, which stipulates that a leave day may be granted for the working day falling between the weekly holiday and the official holiday.

Therefore, it is decided that the upcoming Thursday, October 24, 2019, shall be a leave day, to be deducted from the employee's leave balance, and work will resume on Sunday, October 27, 2019.

... Peace, mercy, and blessings of God be upon you...

MUSABBAQ AMMAR AL-MAWZOOHI

Director of the Banks and Currency Supervision Department / Authorized

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// Copy to:

Mr./Mohammed Al-Zaziy
To the Legal Department Director - Central Bank of Libya
To the Information Systems Department Director - Central Bank of Libya
To the Payments and Settlements Department Director - Central Bank of Libya
To the Information Systems Department Manager - Central Bank of Libya
To the Director of the Application Service Provider Center
To the Management/Managers of Central Bank of Libya Branches (Benghazi - Sabha - Benina)
To the Management/Compliance Unit Heads at Banks - For Follow-up
To the Internal Audit and Compliance Monitoring Department

M. Al-Fitubi © Periodic Letter (2019/ 163)

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