CBE to repay Libyan deposit in eight instalments

The central bank is repaying a USD 2 bn Libyan deposit over eight equal instalments ending in April 2018, Al Mal reported. The central bank has already repaid USD 750 mn over three instalments since mid-2016, and will pay a fourth in April. Libya had made a USD 2 bn interest-free deposit at the central bank in 2013.