Central Bank of Libya Circular 16/2012

Central Bank of Libya
P.O. Box 1103 | Telegram Address: CBLe - Tripoli - Libya

Reference: M/N 804
Mentioned Circular No. (2012/16)
Date: 13 Katakana
Corresponding: July 03, 2012

To the General Managers of Commercial Banks
To the Heads of Temporary Administrative Committees of Commercial Banks To the General Manager of the Libyan Foreign Bank

Greetings,

Based on the provisions of Law No. (1) of 2005 concerning Banks, and referring to Circular CBL No. (2012/4) issued on 30/1/2012, regarding the authorization for commercial banks to directly accept requests related to importing goods and means of production, using foreign exchange remittances, in accordance with the controls specified in the Circular, and to Circular CBL No. (2012/9) issued on 28/3/2012, which authorized commercial banks to resume processing submitted requests for importing goods and means of production via foreign remittances without the need to refer them to the Central Bank of Libya.

Therefore, we inform you that the Board of Directors of the Central Bank of Libya issued Decision No. (7) of 2012 in its second meeting for the year 2012, held on 2/2/2012, concerning foreign remittances. And as we forward to you a copy of the aforementioned Board Decision, it is requested that you take the necessary measures and implement its provisions.

And our link to you is strong, and we are not distant...
"Abduljaleed Mohammed Al-Mathouri"
Deputy Director of the Banking and Currency Supervision Department

Copies to:
To His Excellency the Governor
To His Excellency the Deputy Governor
To His Excellency the Undersecretary of the Ministry of Finance To His Excellency the Undersecretary of the Court of Audit To His Excellency the General Manager of the Customs Region To His Excellency the Secretary of the General Direction Committee for Chambers of Commerce and Industry To His Excellency the Director of the Contests Department - Central Bank of Libya To His Excellency the Director of the Customs Operations Department - Central Bank of Libya Copies to the Branch Managers, Central Bank of Libya (Benghazi - Sirte - Sabha) To the Customs Supervision and Compliance Department To the Data and Statistics Department ===================== M/ Radwan * / A.A. 18

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