Central Bank of Libya Periodic Letter (2012/7)

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Central Bank of Libya
P.O. Box: 1103, Telegram Address: Misr Libya - Tripoli, Libya

Reference: I.R.M.N / 804

Periodic Letter I.R.M.N No. (7 / 2012) Date: 15 Safar 1433 AH Corresponding to: January 10, 2012 AD

To: General Managers of Commercial Banks To: Heads of Interim Administrative Committees of Commercial Banks To: General Manager - Libyan Foreign Bank

With greetings,...

With reference to our Periodic Letter No. (2011/19) dated September 29, 2011, pursuant to which the Governor's instructions were circulated regarding the necessity of taking necessary measures concerning the implementation of Letters of Credit for importing goods, with priority given to basic and essential goods approved by the Economic Affairs Department.

And with reference to our Periodic Letter No. (2011/182) dated November 23, 2011, concerning taking necessary measures to open Letters of Credit for supplying all goods submitted by suppliers, except (7) categories of goods mentioned in the letter from the Head of the Economic Affairs Department No. (990/ط/2011) dated November 16, 2011.

Therefore, you are urgently requested to provide us with a statement of open Letters of Credit by goods category, settled Letters of Credit, and the existing commitments against these Letters of Credit, for the period from September 2011 to the date of this letter.

For importance, the required data is requested to be submitted as soon as possible.

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

Dr. Muhammad Abduljalil Abu Sanina
Director of the Department of Banking and Currency Supervision

Copy to: The Governor
Copy to: The Deputy Governor
Copy to: Data and Statistics Department

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Phone: +218 21 3333591, Fax: +218 21 444 1488, www.cbl.gov.ly, swift code: CBLJLYLX ---