SL Commercial Bank Hits Le119B Profit in 2022
Sierra Leone’s leading financial institution, the Sierra Leone Commercial Bank (SLCB), today Thursday 7th March, 2024 announced a whooping profit before tax of Le119, 000,000,000 (One hundred and nineteen Billion Leones old notes) in 2022. After the deduction of tax and other expenditures, SLCB hit a net profit of SLE86,063,852, 000 (Eighty-six Billion and Sixty-Three […]
SLCB hits Le119 billion profit in 2022
Sierra Leone’s leading financial institution, the Sierra Leone Commercial Bank (SLCB), today Thursday 7th March, 2024 announced a whooping profit before tax of Le119, 000,000,000 (One hundred and nineteen Billion Leones old notes) in 2022. After the deduction of tax and other expenditures, SLCB hit a net profit of SLE86,063,852, 000 (Eighty-six Billion and Sixty-Three […]
SLCB Managing Director Yusufu Silla hailed for exemplary leadership
Sierra Leone Commercial Bank (SLCB), a pivotal institution in the economic landscape of Sierra Leone, is undergoing a significant transformation under the dynamic leadership of Yusufu Abdul Silla as Managing Director. Despite facing relentless faceless social media scrutiny and baseless attacks on his character, Silla’s tenure has witnessed a remarkable progress across various facets of […]
P’Ment Negates Tollgate Increment
By Sulaiman Jalloh The Chairman of the Parliamentary Committee on Works and Public Assets, Hon. Bashiru Silikie has asked the Minister of Works and Public Assets, Dr. Dennis Sandy, and officials of the China Railway Seventh Group (CRSG) to put on hold the planned implementation of the new toll gate charges on March 1st,…...
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We put Sierra Leone first – says RCB’s DMD
By Amara Thoronka Mr. Emmanuel Borbor, the Deputy Managing Director (DMD) of Rokel Commercial Bank (RCB) said the bank puts Sierra Leone at the top of its operations and activities, including its corporate social responsibility. The bank’s DMD was speaking at the 2nd RCB Meet & Greet with media practitioners at D’Bim D’Bam […]
Ministry of Finance engages MDAs on the 2023 Country Policy and Institutional Assessment
The Macro Fiscal Policy Division at the Ministry of Finance has on Thursday 14th, December 2023, engaged Ministries, Department and Agencies (MDAs) on the Country Policy and Institutional Assessment (CPIA) 2023 annual meetings/ workshop to present reforms implemented for 2023 for onward submission to World Bank for rating at the Ministry’s Conference Hall George Street […]
Old to new Leone: Bank Governor assures smooth transition
By Alusine Fullah The Bank Governor of Sierra Leone, Dr. Ibrahim L. Stevens has updated the press on the 3rd January, 2024 about the transition of the old Leones to the new Leones. Dr. Stevens emphasized that, as of 31st December 2023, the old Leone has legally expired for financial transactions or activities…....
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Passive Green Well is illegal – Bank of Sierra Leone warns
Alusine Fullah The Bank of Sierra Leone has in a statement warned that Passive Green Well (PGW), an entity which has been enticing individuals to invest in a covert financial scheme via mobile money, is illegal. “The Bank of Sierra Leone hereby informs the public that it has not granted a license to the […]
