Regulatory Alerts2022-06-07
Central Bank of Libya Circular Letter No. 3/2012 on Branch Operating Hours
The Central Bank of Libya issued Circular Letter No. 3/2012 to enforce compliance with official working hours for commercial bank branches, addressing citizen complaints regarding premature closures. The directive mandates that all commercial banks instruct their branches to strictly adhere to designated operating hours and comply with existing banking regulations under Law No. (1) of 2005. Non-compliant institutions will face strict enforcement measures to ensure transaction stability and uninterrupted public access to banking services.
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