The total value of Libyan electronic payment transactions processed through various systems between 1 January and 31 August 2026, reached approximately 764.9 billion Libyan dinars, reflecting the growing use of electronic payment methods and the expansion of digital banking services in the country.
The figures were revealed by the Central Bank of Libya (CBL) during an expanded meeting held today by CBL Governor, Naji Issa, at his Tripoli office with representatives from several commercial banks and the state Moamalat company. Directors of relevant CBL departments also attended.
Moamalat is the state National Payment Switch (NPS) company – the centralized state digital infrastructure that connects all state and private banks, mobile wallets, card networks, and fintech services within a country to allow instant, interoperable transactions
The meeting focused on several priority banking issues, most notably cash liquidity, the provision of foreign currency, and the enhancement of electronic payment systems.
The meeting addressed measures taken to ensure the availability of cash liquidity at commercial banks, enabling them to meet citizens’ needs.
It also reviewed mechanisms for the distribution of foreign currency by banks and ways to facilitate citizens’ access to their foreign currency requirements in accordance with approved regulations and procedures.
Furthermore, the meeting covered the operation of electronic payment systems, the expansion of their usage, and the enhancement of bank readiness and related infrastructure to improve the efficiency and speed of banking services.
During the meeting, the Governor emphasized the necessity of adhering to the instructions and regulations issued by the CBL, as well as the need to elevate performance levels and improve the quality of services provided to citizens.
The Governor also stressed the importance of continuous coordination between the CBL and commercial banks, working to resolve any bottlenecks facing banking sector services, and consistently monitoring bank performance to ensure the delivery of more efficient and rapid banking services to the public.
