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CBL Governor announces launching Libya's national financial inclusion strategy 2025-2029
CBL Governor announces launching Libya's national financial inclusion strategy 2025-2029

Libya Observer

time6 days ago

  • Business
  • Libya Observer

CBL Governor announces launching Libya's national financial inclusion strategy 2025-2029

The Governor of the Central Bank of Libya (CBL), Naji Issa, announced the launching of the National Financial Inclusion Strategy for Libya 2025-2029, along with a number of transformational projects, during his speech at the opening of the first edition of the Electronic Payment Exhibition and Forum held at the Tripoli Fairgrounds. In his remarks, Issa emphasized that the National Financial Inclusion Strategy, prepared by the Central Bank with national expertise, represents a national, ethical, and professional commitment to all segments of society, according to a statement published by the Central Bank on its Facebook page. The Governor explained that the strategy aims to provide safe, affordable, and easily accessible financial services, while ensuring strict protection of personal data. He also announced the launch of several major accompanying projects that will pave the way for a modern digital economy that is more equitable and inclusive, while enhancing financial stability and development in Libya. Economy Tagged: Electronic Payment Forum

Libya Launches First E-Payment Forum to Boost Digital Finance
Libya Launches First E-Payment Forum to Boost Digital Finance

Libya Review

time15-06-2025

  • Business
  • Libya Review

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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