Libya has launched a national campaign to digitize its banking sector, beginning with the inauguration of its first-ever Electronic Payment Forum and Exhibition in Tripoli.

The Central Bank of Libya (CBL) hosted the landmark event on Sunday at the Tripoli International Fairgrounds, marking a major step toward accelerating digital transformation and promoting inclusive access to financial services across the country.

The two-day forum, held under the patronage of the Central Bank Governor, brought together commercial banks, fintech innovators, and local and international electronic payment providers. Designed as a catalyst for reform, the event showcased the latest in digital payment technologies and explored their potential to improve service delivery and bridge the financial gap affecting millions of Libyans.

CBL officials emphasized that the forum reflects a broader strategy to build a secure, modern, and interoperable e-payment ecosystem aligned with global standards. Panel discussions and expert-led workshops tackled key issues such as regulatory frameworks, cybersecurity, and innovation in digital banking.

With financial access still limited in many parts of Libya, particularly in rural areas, the Central Bank says digital solutions could play a critical role in expanding banking coverage and reducing dependence on cash.

This initiative also aims to foster deeper collaboration between financial institutions and the technology sector, paving the way for fintech startups and established banks to co-create solutions that drive economic growth and improve everyday financial transactions for Libyans.