Meeting Between Senior Delegations of the Central Bank of Libya and Numisma Bank

(BUSINESS WIRE) -- A delegation from Numisma Bank led by the bank’s Chairman and Chief Executive Officer and comprised of senior Compliance and Operations officials met with H.E. Naji Mohammed Issa, Governor of the Central Bank of Libya (“CBL”), and senior CBL officials in Tripoli.

The two teams held high-level discussions on the historic structural reforms being implemented by H.E. Naji Mohammed Issa, and the rising confidence across various sectors of the international financial markets.

The team also held detailed discussions on compliance and risk controls that are being implemented by the Central Bank of Libya across the Libyan banking sector that are modeled per international banking standards.

Numisma Bank’s Chairman and CEO praised the Governor’s reforms, saying, “The structural changes being implemented by the Central Bank across Libyan commercial banks, especially as related to foreign exchange and US Dollars, are being noted by the international community. Clear evidence of the success of these changes lies in the stabilization of the Libyan Dinar’s exchange rate versus leading foreign currencies. Central Bank of Libya’s programs will also help significantly reduce the incidence of counterfeit currency across the Libyan market when sourced from official channels per Central Bank of Libya‘s guidelines.”

In May 2026, the Central Bank of Libya commenced the distribution of U.S. Dollars through commercial banks, providing a sustainable, internationally compliant, institutional-grade supply chain to underpin the distribution of US Dollars and other currencies at scale. These actions have had a stabilizing effect on Libyan foreign exchange rates and have broadly been noted across global financial markets.

The Central Bank and Numisma Bank’s teams agreed to continue their ongoing dialogue and cooperation over the long-term in support of the Central Bank of Libya‘s foreign exchange markets-related initiatives.

About the Central Bank of Libya
The Central Bank of Libya (CBL) is Libya’s monetary authority, responsible for currency stability, banking sector regulation, and foreign exchange management. Under H.E. Governor Naji Mohammed Issa, the CBL has undertaken a significant program of institutional reform, including the modernization of compliance controls, the introduction of formal regulatory oversight of currency exchange activities, and the restoration of a unified, internationally recognized central banking institution for Libya.

About Numisma Bank
Numisma Bank is a U.S. based, chartered and regulated bank, and a leading provider of fully insured, regulatorily compliant currency solutions to Central Banks and Commercial Banks worldwide.

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