Central Bank employees angry at the repeated kidnappings of their colleagues have staged protests at the bank’s headquarters in Tripoli.

Clashes and road closures in the town of Mizda has forced the bank to close its local branch, according to al-Wasat.

The Libyan Investment Authority, which recently launched legal action against Goldman Sachs, has also filed a suit in London against Société Générale for losses incurred in 2007-9.

The Central Bank of Libya (CBL) has for the second time pushed back its deadline for accepting old LD20 ($16) banknotes.

Provisional results show that net profits at Libya's largest bank reached LD186m ($146m) last year.

Local officials, Central Bank management and members of the General National Congress (GNC) have met to discuss cash shortages being experienced by banks in Sirte. 

The Real Estate Savings and Investment Bank (Eddekhar) has opened a branch in Misrata, saying its services will operate in accordance with Islamic banking principles.

Liquidity problems persist in Sirte, with overcrowding reported at a number of banks as security concerns make it difficult to transport money to the city.

The Bahrain-based Islamic bank says it still hopes to launch operations in Libya, where new licenses are expected to be issued this year.

The Libyan Investment Authority (LIA), the country's sovereign wealth fund, has brought in a head hunter to help fill senior management positions as part of a wider restructuring.

The Central Bank plans to take out of circulation two versions of the LD1 banknote, which carry the image of Libya's erstwhile leader.

Libya's fourth-largest lender has opened a new branch in the eastern city of Al Bayda.

Libya is applying for full membership of the European Bank of Reconstruction and Development (EBRD), the bank confirmed to the Libya Monitor.

Libya's largest lender has opened a new branch in the town of Mislata, which lies 130km east of Tripoli.

The US Justice Department is reportedly broadening the scope of its bribery investigation into the relationship between the Libyan Investment Authority (LIA) and several US-based fund managers.