Libya's rival central bank branches reuniteThe bank had been split since 2014, between the internationally recognised headquarters in Tripoli and another in BaydaThat El Emad Towers and Corinthia Hotel in Libya's capital Tripoli. — AFPBy AFP Published: Sun 20 Aug 2023, 6:56 PMLibya's central bank announced on Sunday that its two rival branches in the west and east are reuniting after nearly a decade apart. On Sunday, the Central Bank of Libya (CBL) said it has "again become a unified sovereign institution", in a statement issued by the governor and his deputy. The bank had been split since 2014, between the internationally recognised headquarters in Tripoli and another in Bayda in the Haftar-controlled east. A process to reunify the central bank began in December 2021 after the split caused by power struggles between rival camps, as was also the case with other state institutions.

Source: Libya Today August 20, 2023 16:27 UTC