Trade and Development Bank notifies its customers of Central Bank of Libya’s instructions.

The Trade and Development Bank (TDB) is a multilateral, treaty-based financial institution founded in 1985 to foster trade, regional economic integration, and sustainable development across its member states in Africa. Originally established as the Eastern and Southern African Trade and Development Bank, its history reflects a mission to provide trade finance, project and infrastructure lending, and advisory services to both public and private sector actors.

The Central Bank of Libya is the primary monetary authority of Libya, established in 1956 following the country’s independence. It has played a critical and often contentious role in the nation’s economy, especially during and after the 2011 civil war, when it became a focal point of political division as rival governments sought control over the country’s financial resources.