• December 23, 2025
  • libyawire
  • 0

The Central Bank of Libya has opened subscriptions for its fifth issuance of unrestricted Mudaraba Deposit Certificates, the bank announced on Monday.

Subscriptions for the new certificates will begin on 30 December 2025, under the same procedures used in previous issuances.

Three types of certificates are being offered: a 91-day certificate worth 100,000 Libyan dinars maturing on 31 March 2026; a 182-day certificate of the same value maturing on 30 June 2026; and a 365-day certificate, also worth 100,000 dinars, maturing on 30 December 2026.

The Central Bank said profits will be distributed with 99.75% going to the subscribing banks and 0.25% retained by the Bank as the managing investor, following a final evaluation of returns.

The expected annual profit margin is estimated between 5.5% and 7.5%, though the bank stressed this is indicative and may change depending on actual returns.

Commercial banks have been invited to participate in the subscription for Issuance No. 5–2025, according to the announced terms and maturity dates.

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Central Bank of Libya

The Central Bank of Libya is the primary monetary authority of Libya, originally established in 1956 as the National Bank of Libya. It was later renamed and has played a critical, often divisive, role in the country’s economy and politics, especially following the 2011 uprising and subsequent conflict when parallel institutions emerged.

Libya

Libya is a North African country with a rich history rooted in ancient civilizations like the Phoenicians and Romans, followed by centuries of Arab and Ottoman influence. In the modern era, it was an Italian colony before gaining independence in 1951, later becoming known for Muammar Gaddafi’s lengthy rule from 1969 until the 2011 revolution. Its cultural sites include the well-preserved Roman ruins of Leptis Magna, a UNESCO World Heritage site.

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