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Libyan Newswire

Lack of liquidity in commercial banks in Tobruk force them to close.

Lack of liquidity in commercial banks in Tobruk force them to close.Monday , 11-01-2016 – 17:31:00

Tobruk, 11.01.2016 – Lana – The lack of liquidity in the commercial banks in Tobruk city , led to their closure yesterday , which resulted in citizens’ resentment. Deputy director of Jomhoriya bank – Botnan branch – ‘Mahmud Swidiq’ , attributed the main reason for lack of liquidity in the banks , for the deteriorating security situation , traders fear and the stoppage of deposit movements in the banks. Its noteworthy , that the commercial banks in the eastern region , are suffering from financial liquidity shortages for about a year now , due to situations of security deteriorations. =Lana=

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