2024-07-27 14:23:26
A meeting was held at the headquarters of the Arab Banking Corporation (Bank ABC) in London, attended by the Governor of the Central Bank of Libya, Al-Siddiq Omar Al-Kabir, and Marai Muftah Raheel, Deputy Governor, in the presence of members of the Steering Committee of the Financial Inclusion Strategy Project, Digital Transformation, and the Board of Directors of Muamalat Company, and representatives of the Arab Banking Corporation (Bank ABC) and the Arab Financial Services Company (AFS)..
“The meeting discussed the Central Bank of Libya’s strategy for financial inclusion to accelerate electronic payment, which is being prepared in partnership with the global company Oliver Wyman. Eight initiatives were approved, including the development of financial services for all segments of society through financial technology and digital transformation, instant payments, open banking, developing the national distributor, and preparing the controls regulating this field according to best practices.”
During the meeting, the governor stressed “the importance of these initiatives in enhancing financial inclusion and facilitating access to financial services, which contributes to overcoming the liquidity problem and achieving economic stability and comprehensive development in Libya.”
On Monday, July 22, 2024, a meeting was held at the headquarters of the Arab Banking Corporation (Bank ABC) in London, which included Mr. Saddek Omar…
Posted byCentral Bank of LibyaIn Thursday, July 25, 2024
Last updated: July 27, 2024 – 13:22
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2024-07-27 14:23:26