Jumhouria Bank Denies Opening Letters of Credit for School Textbooks
Jumhouria Bank has denied reports of opening letters of credit for a new company to print Libya's school textbooks, amid controversy and social media claims.
The bank "has not yet initiated any requests or opened any letters of credit related to school textbooks."
The bank emphasized that all procedures follow the Central Bank of Libya's regulations, requiring prior approvals from competent authorities. It reaffirmed its commitment to transparency and adherence to legal frameworks.
Author's summary: Jumhouria Bank denies involvement in school textbook printing.