The Bank of Sierra Leone has invited eligible suppliers to submit bids for the supply and installation of Variable Refrigerant Flow/Variable Refrigerant Volume (VRF/VRV) cooling systems at selected locations...
The Bank of Sierra Leone (BSL) has disclosed alarming details surrounding the collapse and subsequent liquidation of Union Trust Bank (UTB), revealing that the indigenous financial institution had been...
The former Executive Director of Union Trust Bank (UTB),Wusu Bai Koroma, claimed that the Bank of Sierra Leone treated them unfairly when their bank was liquidated. Koroma made this claim during an interview...
The Bank of Sierra Leone has increased its Monetary Policy Rate (MPR) by 0.25 percentage points to 17.0 percent, citing rising inflationary pressures and heightened global uncertainty driven by geopolitical...
The Bank of Sierra Leone (BSL) has provided detailed reasons behind the resolution of Union Trust Bank Limited (UTB), describing the move as a necessary regulatory intervention aimed at protecting depositors,...
Union Trust Bank (UTB) has officially ceased operations, with Rokel Commercial Bank (RCB) completing its acquisition of the struggling indigenous bank on June 17, 2026. The Bank of Sierra Leone (BSL)...
The Bank of Sierra Leone has signed a Memorandum of Understanding (MoU) with the International Growth Centre (IGC) to strengthen collaboration on economic research, policy analysis, and evidence-based...
A new report by the Center for Africa Financial Inclusion and Advancement (CAFIA) has revealed that more than one in three small businesses in Freetown operate without a bank account, underscoring persistent...
Sierra Leone’s Minister of Finance, Sheku Ahmed Fantamadi Bangura, is leading a high-level delegation to the 2026 Spring Meetings of the International Monetary Fund and World Bank Group in Washington,...
The Bank of Sierra Leone has kept its Monetary Policy Rate (MPR) unchanged at 16.75 percent, citing rising inflation and growing external risks from the ongoing United States-Israel-Iran war, while noting...
