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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

time7 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

CBL launches e-payment forum to boost digital finance and banking reform
CBL launches e-payment forum to boost digital finance and banking reform

Libya Observer

time15-06-2025

  • Business
  • Libya Observer

CBL launches e-payment forum to boost digital finance and banking reform

Libya's Central Bank (CBL) inaugurated the country's first Electronic Payment Forum and Exhibition on Sunday at the Tripoli International Fairgrounds, as part of a broader strategy to modernize its financial infrastructure and accelerate digital transformation across the banking sector. Held under the patronage of the Central Bank Governor, the two-day forum brings together all commercial banks operating in Libya alongside local and international e-payment providers. The event is designed to highlight cutting-edge digital payment technologies and promote financial inclusion in a country where access to banking services remains uneven. In a statement, the Central Bank said the forum will feature high-level panel discussions and expert-led workshops focused on the challenges and opportunities facing Libya's e-payment ecosystem. Innovative solutions aligned with global standards for security and efficiency will also be on display. Officials say the initiative reflects a push to deepen collaboration between the banking and technology sectors, and to encourage fintech innovation that could unlock broader economic benefits. Economy Tagged: CBL Electronic Payment Forum

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

Libya Herald

time15-06-2025

  • 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

Libya to host first e-payment forum as CBL pushes digital finance
Libya to host first e-payment forum as CBL pushes digital finance

Libya Observer

time12-06-2025

  • Business
  • Libya Observer

Libya to host first e-payment forum as CBL pushes digital finance

Libya's Central Bank (CBL) has announced the launch of the country's first Electronic Payment Forum and Exhibition, scheduled for 15–17 June at the Tripoli International Fair. The event, backed by Central Bank governor and organized by the General Authority for Exhibitions, will bring together domestic and international payment companies as well as commercial banks operating in Libya. According to officials, the forum aims to showcase cutting-edge digital payment technologies, encourage financial inclusion, and support the digital transformation of Libya's banking sector. The three-day event will feature panel discussions and workshops addressing challenges in the e-payment landscape, alongside solutions aligned with global standards for financial security and efficiency. The initiative is part of broader efforts to modernize Libya's financial infrastructure and stimulate innovation in the sector, in hopes of contributing to long-term economic stability. Tags: Central bank of Libya Electronic Payment Forum and Exhibition

CBL announces new date for electronic payment forum in Tripoli
CBL announces new date for electronic payment forum in Tripoli

Libya Observer

time20-05-2025

  • Business
  • Libya Observer

CBL announces new date for electronic payment forum in Tripoli

The Central Bank of Libya (CBL) has announced that the Electronic Payment Forum and Exhibition — the largest banking event in Libya — will now take place from June 15 to 17, 2025, at the Tripoli International Fairgrounds. The event was originally scheduled for May 20 but was postponed due to recent security incidents in the capital. The Central Bank stressed that this forum is the first of its kind in terms of scale and specialization in the field of electronic payments in Libya. It aims to showcase the latest solutions and technologies in digital payments and to explore prospects for digital transformation in the financial and banking sector. The forum will support the country's financial inclusion strategy and contribute to developing digital infrastructure for financial services. The event is expected to attract wide participation from commercial banks, technology companies, government institutions, and local and international experts and specialists, positioning it as a leading platform for exchanging expertise and presenting digital transformation initiatives and projects within the financial sector. The Central Bank added that organizing this forum is part of its efforts to promote financial innovation, implement modern payment systems, and is being held under its direct supervision and in cooperation with the General Authority for Exhibitions and Conferences. Tags: Central bank of Libya Electronic Payment Forum and Exhibition

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