In a Public hearing on Monday, June 12 2024 , the PAC, Chaired by the Deputy Minister of Parliament Hon. Tawa Conteh, has hailed RCBank for it outstanding financial records.
Having reviewed the the 2023 Auditor General‘s Report which raised several concerns about the bank’s operations, including duplication of ID records , staff appraisals, and transaction charges.
The Deputy Managing Director of RCBank , Samuel Borbor , efficiently addressed all queries raised , in accordance with the bank’s standard operating procedures . His responses impressed the PAC Chairman, who recommended Borbor for his thorough understanding and management of the bank’s operations. The Chairman also hailed the Managing Director Dr. Walton Gilpin for fostering a conducive environment that enabled such proficient responses.
“We resolve this issue but don’t take your eyes off the board because if you received Kudos , it is for a good reason which is your good performance,” the chairman stated, encouraging the bank’s management to continue their hard work.
After the hearing, the Deputy Managing Director expressed his pride and satisfaction with the PAC’S commendation emphasizing that such recognition should inspire other Sierra Leoneans to strive for excellence in their respective fields. He also lauded the Audit Service for their role in promoting development through their diligent work.
RCBank is a financial institution that provides banking and related financial services in a manner that builds strong, lasting and satisfying relationships with customers, employees, shareholders.
Irrespective of emerging challenges in the close of 2023, Rokel Commercial Bank appeared in major award ceremonies held at home and abroad. This could not be isolated from the fact that RCB has positioned itself as champion in financial inclusion and financial literacy in the country, one of the fastest growing banks and its innovative mechanism, which has transformed the institution into a profit making bank.
Management and staff of RCBank have ensured administrative efficiency and financial discipline, ensuring Sierra Leoneans have access to banking services, irrespective of distance. The new trajectory in the banking administration is towards financial inclusion; it is productive to bring both investors and debtors together and increase returns to enhance confidence in Sierra Leone’s banking sector.
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