The Central Bank of Libya announced the suspension of all operations, following the kidnapping of one of its senior officials.
The bank said that it would not resume work before the official kidnapped earlier Sunday would have been released.
It said an unknown party was behind the abduction of Musaab Muslam, head of its information technology department.
“The bank rejects the mob-like methods that are practiced by some parties outside of the law,” it said in a statement.
“Other bank officials had also been threatened and therefore it would suspend operations until “these practices are stopped and the concerned authorities intervene,” it added.