The governor of the Central Bank of Libya (CBL) says he is hopeful that a new Islamic banking law will be in action before the end of the year.

The total assets of Libya's commercial banks grew by more than 22% year-on-year during the second quarter of 2012, while figures also suggest that lending growth is picking up.

A new board has been named for Libya's state-run Development Bank.

A new board has been appointed to oversee the Social Security Fund (SSF).

The Central Bank of Libya (CBL) has lifted a previous limit on issuing "prepaid" cards.

The total assets of Libya's commercial banks grew by almost 20% in May 2012 compared to the same period in 2011, although levels of lending have remained stagnant.

The Central Bank of Libya (CBL) held its fifth board meeting of 2012 on 7 September, discussing regulatory infringements by certain Libyan banks and the printing of new banknotes.

Jordan's Arab Bank says it has not been involved in managing Libya's Wahda Bank - in which it owns a 19% stake - since the 2011 conflict, and now sought to "reengage" with Libya.

The Central Bank of Libya (CBL) says the country's banking sector is in good shape, denying recent rumours of problems, and says foreign currency reserves stand at LD121bn ($96bn).

The chairman of the Libyan Investment Authority (LIA) said in a recent interview that the sovereign wealth fund now has approval to invest within Libya, and is reviewing its accounts.

Libya's crude oil revenues stood at LD32.6bn ($25bn) in the first half of 2012 as production recovered strongly after the 2011 conflict.

The Central Bank of Libya (CBL) has organised workshops on Islamic financing and small and medium-sized businesses.

The state-controlled Qatari bank, which acquired the 49% stake in April, reportedly renegotiated the deal after originally agreeing a price of LD240m ($189m) in 2010.

The Central Bank of Libya (CBL) has announced Ramadan and Eid working hours applicable to all commercial banks in Libya

The Central Bank of Libya (CBL) says it will accept cheques above LD250,000 ($197,000) into its automated cheque processing system until the end of August.