Jumhouria Bank denies opening letters of credit for school textbooks amid controversy

Jumhouria Bank Denies Involvement in School Textbook Controversy

Jumhouria Bank has issued a statement denying reports that it has opened letters of credit for a new company to print Libya's school textbooks.

The bank "has not yet initiated any requests or opened any letters of credit related to school textbooks."

The bank emphasized that all procedures must comply with the Central Bank of Libya's regulations, which require prior approvals from competent authorities. Jumhouria Bank reaffirmed its commitment to transparency and adherence to legal frameworks.

Author's summary: Jumhouria Bank denies involvement in school textbook controversy.

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The Libya Observer The Libya Observer — 2025-11-02

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