Our confidential source from the Central Bank of Libya revealed that the Central Bank has requested banks not to set limits for authenticating bonds for customers, and not to reject regular and authenticated bonds for frivolous reasons, and to grant customers complete freedom to deal with their bank accounts according to the instructions.

The source clarified that the Banking and Monetary Control Administration at the Central Bank will follow up on the matter through inspection tours and complaints received, and will take all necessary legal measures against violating banks.