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CBL Governor Issa launches transformational financial projects, including National Strategy for Financial Inclusion
CBL Governor Issa launches transformational financial projects, including National Strategy for Financial Inclusion

Libya Herald

time5 days ago

  • Business
  • Libya Herald

CBL Governor Issa launches transformational financial projects, including National Strategy for Financial Inclusion

‎The Governor of the Central Bank of Libya, Naji Issa, announced the launch of the National Strategy for Financial Inclusion and several other transformational projects during the opening of the Electronic Payment Forum and Exhibition‎ ''EPAIX'' 2025 yesterday. The forum is being held from 15 to 17 May at the Tripoli International Fairgrounds. ‎During his opening speech at the forum the CBL Governor announced that the National Strategy for Financial Inclusion in Libya 2025-2029 represents a national, ethical and professional commitment towards all segments of society.‎ ‎The Governor stressed that the strategy, prepared by the Central Bank with national competencies, ‎‎aims to provide secure, affordable, and easily accessible financial services, with strict protection of personal data.‎ ‎He also announced the launch of several accompanying major projects, most notably:‎ ‎ • Financial inclusion accounts project targeting financially excluded groups‎ ‎ • Banking data protection system to ensure the confidentiality and privacy of individuals' information‎ ‎ • Supporting the digital transformation of the country by fully digitizing government payments‎ ‎ • Localization of foreign exchange payment infrastructure under the supervision of the Central Bank‎ ‎ • Preparing a legal and technical framework for working with digital and cryptocurrencies ‎ • Launch of the digital banking identity to facilitate electronic transactions ‎ • Providing internal financial transfers through a national platform without the need for a bank account.‎ ‎The Governor concluded his speech by stressing that these projects pave the way for a modern, fairer and more inclusive digital economy that enhances financial stability and development in Libya.‎ Tags: CBL Central Bank of LibyaCBL Governor Naji Issae-payment e-payments

Electronic Payment Forum and Exhibition 2025 opens at Tripoli Fairgrounds
Electronic Payment Forum and Exhibition 2025 opens at Tripoli Fairgrounds

Libya Herald

time6 days ago

  • Business
  • Libya Herald

Electronic Payment Forum and Exhibition 2025 opens at Tripoli Fairgrounds

The Electronic Payment Forum and Exhibition ''EPAIX'' 2025 (15 to 17 May) opened at Tripoli International Fairgrounds today. The organisers say the forum is the largest banking event in Libya, is under the patronage of the Governor of the Central Bank of Libya. ‎The organisers say the forum will be attended by representatives of commercial banks, technology companies, government institutions, experts and specialists locally and internationally, making it a leading platform for exchanging experiences and presenting initiatives and projects related to digital transformation in the financial sector.‎ The organisers also say the forum will include a full scientific programme headed by specialists and experts in the financial, economic and technical fields.‎ This offers an opportunity to attend sessions and gain knowledge in the most important axes of financial technologies, digital transformation and electronic payment.‎ Tags: e-payment e-payments

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