The manager of the Ras Lanuf branch of the National Commercial Bank (NCB) says that the office has been reconnected to other branches across Libya.

Libya's interim government has appointed a new General Manager for the state-owned Agricultural Bank.

The Central Bank of Libya (CBL) has created a new committee tasked with investigating corruption in Libya's banking sector.

The head of the Libyan Investment Authority (LIA) says the fund has no plans to sell its 1.8% stake in Italy's largest lender.

The Libyan Investment Authority (LIA) says it is investigating losses on products managed by Goldman Sachs and Société Générale, and may demand compensation.

The CBL says it has reduced the level of payment required to open letters of credit.

Libya's largest insurer posts a sharp drop in performance due to the 2011 conflict, but still generates an annual net profit of LD4.8m ($3.8m).

Sadiq al-Kabeer, the governor of the Central Bank of Libya, held a meeting this week with the United Arab Emirates (UAE) ambassador to Libya, Saeed Al-Kaabi, to discuss bilateral relations in the banking sector.

Shares in Sahara Bank, which is partly owned by France's BNP Paribas, resumed trading on the Libyan Stock Market this week.

National Union Consultants (NUC), an engineering, architecture and project management firm, floated 400,000 shares on the Libyan Stock Market on 11 June in the first new listing since the 2011 revolution.

Libya's National Transitional Council (NTC) has published Law 46, which adds provisions regarding Islamic banking to an existing banking law.

The Central Bank of Libya (CBL) has removed a limit on the maximum amount of cash that can be withdrawn from commercial banks.

The Central Bank of Libya (CBL) has lifted restrictions on the issuing of prepaid debit cards by commercial banks.

The Central Bank of Libya (CBL) has urged Libya's commercial banks to comply with its instructions on handling public-sector accounts frozen in August 2011.

The governor of the Central Bank of Libya (CBL) says he plans to retain a 2.9% stake in Italy's largest lender UniCredit, in which the Libyan Investment Authority (LIA) also owns a stake.