Central bank of Libya asks commercial banks to cancel withdrawal and deposit fees.
Pulbished on:
Tripoli, 13.10.2015(Lana) The Central Bank of Libya called on
commercial banks to cancel fees on withdrawing and despot services
from current bank accounts and ease measures to ensure expansion of
cash deposits by customers.
In a circulation, the bank urged directors and head of
administrative committees at the banks to follow up and direct
directors of bank branches to comply with the CBoL instructions and
notify the bank about measures taken in this respect.
The CBoL decision followed commercial banks move to impose fees
for withdrawing and cash depositing services at banks which may
negatively impact availability of cash at the bank coffers.
=Lana=