Periodic Letter No. 116 (2015)

Central Bank of Libya
P.O. Box 1103, Telegraph Address: Central Bank of Libya – Tripoli – Libya

Periodic Letter No. 116 (2015)
Date: 9 Muharram 1437 AH
Corresponding to: October 22, 2015

To: General Managers of Commercial Banks
Heads of Temporary Administrative Committees of Commercial Banks Governor, Libyan Foreign Bank General Manager, Exchange and Financial Services Company

Greetings,

Based on the provisions of Law No. (1) of 2005 regarding Banks, and in the context of the Central Bank of Libya's implementation of its supervisory and regulatory role over banks.

And with reference to Law No. (12) of 2010 and its executive regulations, which authorized Article (17) to grant compensation for weekly holidays if they coincide with official holidays.

And with reference to Law No. (5) of 2012 regarding Official Holidays, and its attached table designating Friday, October 23, 2015, as an official holiday.

We hereby inform you that it has been decided to designate Sunday, October 25, 2015, as an official holiday, in compensation for the official holiday that fell on Friday, October 23, 2015.

Peace be upon you, and God's mercy and blessings.

"Abdel Hafith Masoud Tribl"
Manager of Banks and Currency Supervision Department / Acting

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Copies to:

• The Governor
• The Deputy Governor
• To: Manager of Banking Operations Department, Central Bank of Libya
• Manager of Payments and Settlements Department, Central Bank of Libya
• Manager of Application Services Center
• To: Branch Managers of the Central Bank of Libya (Benghazi – Sebha – Sirte)
• Archives Department / Banks Supervision Department
• Fax / Periodic Letter (27)

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Phone: +21 3591, Fax: +218 444 1488, www.cbl.gov.ly, swift code: CBLJLYLX