The Central Bank of Libya (CBL) says it will "remain far away from political struggles", denying reports it has blocked funds for the recently-formed government of Ahmed Maitig.

Banks in certain areas continue to suffer cash shortages due to security problems, while the Central Bank governor says the cost of insuring cash deliveries has risen.

The Central Bank of Libya (CBL) has restricted the opening hours of commercial banks in response to a spate of armed robberies and attacks.

Several new armed robberies have been reported in recent days, with one group stealing some LD1.5m ($1.2m), prompting some banks to close branches.

The African Development Bank (AfDB) has signed its first agreement with Libya since the end of the 2011 conflict, a $3.5m (LD4.4m) grant aimed at boosting "leadership capacity building and democratic transition".

The Central Bank of Libya (CBL) claims it has enough cash to cover all commercial banks in the country, as security problems make it increasingly difficult to transfer funds safely.

Libya has become a member of the European Bank for Reconstruction and Development (EBRD), and could receive financial support from the body in future. 

The chairman of the Libyan Investment Authority (LIA) says the fund plans to put billions of dollars in the Libyan Stock Market (LSM) to help fund local infrastructure projects.

The Central Bank of Libya (CBL) says it is not facing a shortage of foreign currency, but warned it has become more difficult to transport funds safely.

The Central Bank of Libya (CBL) has issued a new half-dinar coin, which came into circulation on 11 May.

The manager of Gumhouria Bank’s Mizda branch, who was kidnapped several days ago with his two sons, has been released.

Assets at Libya’s commercial banks stood at LD95.6bn ($76.5bn) in February, an 11.7% year-on-year increase, with deposits rising at an even faster annual rate.

Net profits for the first quarter rose to LD30.2m ($24.2m), a 227% increase compared to the same period last year.

Representatives of the World Bank have reportedly cut short their visit to the country after being robbed by an armed group.

Sahara Bank, which is part-owned by France's BNP Paribas, becomes the latest lender to report a steep fall in profits.