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Libyan central bank to develop system for instant payment and open banking

Libyan central bank to develop system for instant payment and open banking

Governor of the Central Bank of Libya (CBL), Saddek Elkaber, chaired a meeting of the bank’s Strategic Projects Committee on Sunday to discuss the development of several electronic banking services.

According to a statement by the bank, these instant payment system, open banking as well as Electronic Know Your Customer, which is known as (E-KYC).