The Central Bank of Libya revealed exclusively that the credit reservation platform was opened this Monday, and customers can now upload their requests. Personal purpose settlements worth $500 million for December 2025 will be processed next Sunday.
This will be done according to the value and reservation price from the past month of December.
Central Bank of Libya
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 role in managing the nation’s financial system and currency, though its operations have been significantly disrupted and divided between rival administrations since the 2011 civil war.
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.
