Libya's third-largest lender says it will pay out a small dividend to shareholders.

The Central Bank of Libya (CBL) says that all banks changed to winter working hours from 1 October.

The Libyan Stock Market (LSM), which operates the Tripoli bourse, posted a small profit last year amid low trading volumes.

The Central Bank's Islamic banking committee has discussed ways of easing the transition towards offering banking services that comply with Islamic principles.

The Central Bank of Libya (CBL) says it has given “preliminary approval” to 478 companies and traders to open bureaux de change.

The governor of the Central Bank of Libya (CBL) says international banks will have to wait to enter the market, but confirms that three new licenses will be awarded to local groups soon.

The Benghazi branch of the Central Bank of Libya (CBL) has been damaged by a bomb targeting a foreign ministry building in the city, with no serious injuries reported.

The national assembly will choose between six shortlisted candidates for the roles of Governor and Deputy Governor of the Central Bank of Libya (CBL), with a total of 31 candidates having applied.

Libya's largest bank, which sharply increased its lending in the second quarter of the year, has signed an agreement to finance prefabricated residential units for the housing ministry.

Representatives from the European Bank for Reconstruction and Development (EBRD) are visiting Tripoli to explore possible areas of cooperation.

The Libyan Investment Authority (LIA) made a profit of between $2bn-$2.25bn (LD2.5bn-2.9bn) in the first half of the year, according to the deputy Central Bank governor.

Combined pre-tax profits at Libya's commercial banks fell 37% quarter-on-quarter, according to CBL figures, despite strong performance from the larger lenders.

The financial services company, in which Libya's LAFICO holds a stake, returned to profit in the first half of 2013.

The chairman of Libya's largest bank says the lender plans to offer a number of new retail services, including mortgages, and also help finance government projects.

Sahara Bank, Libya's fourth-largest lender, made a number of changes to its board of directors last month.