Central Bank of Libya

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Central Bank of Libya

Arab Central Banks
  • Governor: H.E. Dr. Saddek Omar El-Kaber
  • Deputy Governor: H.E. Mr. Ali Mohammed Elherbi
  • Country: Libya
  • Establishment Date: 01/04/1956
  • Headquarters Address: Central Bank of Libya (HQ) / Al Fatah Street / Tripoli, Libya
  • P.O. Box: 1103 Tripoli
  • Tel.: (+218)-3340094/3333592/21 3333591-99
  • Fax: (+218)-4441488
  • Website: www.cbl.gov.ly
  • E-mail: [email protected]
  • Membership in the UAB: Observer Member
Libya
Objectives & Functions
Issuing and regulating banknotes and coins in Libya.
Maintaining and stabilizing the Libyan currency internal and external.
Maintaining and managing the official reserves of gold and foreign exchange.
Regulating the quantity, quality and cost of credit to meet the requirements of economic growth and monetary stability.
Taking appropriate measures to deal with foreign or local economic and financial problems.
Acting as a banker to commercial banks.
Supervising Commercial banks to ensure the soundness of their Financial position and protection of the rights of depositors and shareholders.
Acting as a banker and fiscal agent to the state and public entities. Advising the state on the formulation and implementation of financial and economic policy.
Supervising foreign exchange.