Libya Launches First E-Payment Forum to Boost Digital Finance
Central Bank of Libya (CBL) Governor Naji Issa inaugurated the first edition of the Electronic Payment Exhibition and Forum on Sunday in Tripoli. The event, hosted at the Tripoli International Fairgrounds, is organised by the General Authority for Exhibitions and Conferences and features participation from leading commercial banks and e-payment companies.
In his opening speech, the CBL Governor highlighted that the forum reflects the Central Bank's commitment to advancing digital transformation and broadening financial inclusion in Libya. He emphasised the importance of developing digital banking infrastructure and adopting modern electronic payment technologies.
Governor Issa announced the launch of a series of banking reform initiatives aimed at enhancing financial services. These include streamlining payment and transfer procedures, strengthening oversight of payment systems, and promoting innovation in financial technology. He also underscored the Central Bank's support for the expansion of e-wallets and point-of-sale (POS) systems across the country.
Following the ceremony, the Governor toured the exhibition halls alongside Issam Al-Aoul, head of the General Authority for Exhibitions and Conferences. They visited various stands showcasing the latest technologies in digital banking and e-payments, receiving detailed briefings from company representatives.
The event will run until 17 June and features three days of panel discussions, workshops, and technical presentations. Experts, academics, and representatives from major national financial institutions are scheduled to participate. Libyan fintech companies are also presenting their innovations in digital finance and e-payment solutions.
The forum is seen as a key step in Libya's efforts to modernise its banking sector and foster a tech-driven economy. Tags: cblCentral BankE-Paymenteconomylibya
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