Libya
Attack on Central Bank of Libya condemned by UN
United Nations criticises ‘armed attack’ of a central bank branch; institution is caught in the middle of a power struggle between two rival ‘governments’
Central Bank of Libya governor reportedly deposed
Saddek Elkaber is replaced in 94–8 parliamentary 'vote' amid ‘controversy over financial transfers', reports state news agency; deputy Ali Elhebri assumes governorship on temporary basis
Malta denies granting refuge to Libyan governor
Central Bank of Libya confirmed Saddek Elkaber has sought sanctuary in Malta ‘for months', Libyan news site reports; minister claims governor ‘runs the bank' from island
Danish architects design new Central Bank of Libya
Copenhagen-based architectural firm won competition announced by central bank last July; building's desert-inspired façade to ‘express dynamism of Libyan economy'
Gunmen steal $53m from Central Bank of Libya
Armed men overpower guards and steal millions of dollars from cash truck en route to central bank in Sirte
Libyan governor and deputy jobs up for grabs
General National Congress invites applications for the top two roles at the Central Bank of Libya; governor Saddek Elkaber only two years into a five-year term
Maltese governor involved in ‘minor incident’ in Libya
Governor of the Central Bank of Malta pays visit to Central Bank of Libya; involved in a “minor incident” while travelling from the airport into Tripoli
Libya begins phasing out old banknotes
Banknotes depicting the late colonel Muammar Gaddafi being removed from circulation; new currency series on the way
UN and US lift sanctions on Libyan central bank
UN Security Council and US government announce removal of sanctions on Central Bank of Libya's assets
Lagarde calls Arab Spring a ‘beacon of light’
Christine Lagarde expresses her hope for the countries affected by the Arab Spring uprisings; calls on international community to support the growth of economies in the region
Libyan treasure looted from commercial bank
Reports emerge from Libya's National Transitional Council that more than 7,000 coins were stolen from a commercial bank in Benghazi during conflict
Libya wants assets released sooner
Return of unfrozen Libyan assets "slow"; draft UN resolution circulated to release more
Libyan gold sold as Gaddafi regime ended
“Official” central bank assets safe, says new central bank governor; former dictator sold 29 tonnes of gold as opposition closed in
Fears over Libyan central bank money realised: reports
Multi-vehicle convoy arrives in Niger carrying central bank cash and gold
UK jets deliver currency to Libya
Royal Air Force flies banknotes to Central Bank of Libya in Benghazi
Gaddafi may escape with central bank gold, says ex-Libyan governor
Former governor of the Central Bank of Libya Farhat Bengdara says Gaddafi may have run off with billions of dollars worth of gold; says Libyan leader attempted to sell bullion as bribe for security
RBA places eight more people on financial sanctions list
Reserve Bank of Australia freezes assets of eight people associated with Syrian Al-Assad regime and one person linked to Qadhafi regime; 17 Zimbabweans taken off the financial sanctions list
Libyan SWF investments exposed
Leaked Libyan Investment Authority document offers insight into sovereign wealth fund's strategy
Libya’s Bengdara pleads for softer sanctions on central bank: report
Central Bank of Libya governor Farhat Bengdara tells Wall Street Journal he is lobbying for some leniency on central bank sanctions; says cannot return to Tripoli
Libya’s Bengdara in Istanbul: report
Central Bank of Libya governor Farhat Bengdara reportedly confirms relocation to Istanbul as unrest continues; more central bank targeted sanctions possible
Ex FSA chair quits as head of LSE
Former Financial Services Authority chairman Sir Howard Davies steps down as director of London School of Economics over university’s financial links to Libyan Gaddafi regime
Six banks to vie for entry into Libya
Libyan central bank picks three Arab and three international banks to compete for two licences that will allow lenders to set up in the country according to state news agency
Libya opens doors to foreign banks
Libyan central bank welcomes overseas institutions interested in setting up a subsidiary, says ongoing reforms and strong economic performance offer great prospects for banks
Libya announces improvements for banking sector
In a bid to reform the Libyan banking sector, the country's central bank has modernised its open market operations and payments systems.