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Central Bank of Libya

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Libya

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1956 (69 Years)

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Get to know Central Bank of Libya

Established in 1955, the Central Bank of Libya (CBL) is the state's sole financial and monetary authority. Its primary mission is to maintain monetary stability in Libya, manage the country's gold and foreign currency reserves, and regulate the nation's banking sector. The CBL is responsible for issuing and regulating the Libyan Dinar, acting as the bank for the government and commercial banks, and implementing monetary policy to foster sustainable economic growth. For several years following the 2014 political split, the institution operated with two parallel branches—the internationally recognized headquarters in Tripoli and a separate branch in the east—a division that officially ended with a reunification announcement in August 2023.

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