CBoL meets on controls and measures organizing opening of documentary credits.
Pulbished on:
Tripoli, 02.02.2016(Lana) The Central Bank of Libya's Committee
on Covering Bank Accounts in Foreign Currency held a meeting with
Directors of commercial banks during which it discussed CBoL
circulation No 2/2016 on controls and measures organizing opening of
documentary credits.
Director of Banks and Monetary Monitoring who is deputy chairman
of Credits Covering Committee underlined at the meeting the
importance of complying with all items of the circulation and
forwarding the required reports with full data about all opened
documentary credits that are approved to be covered by the CBoL at
their due time.
=Lana=