The United Bank of Africa (UBA) Sierra Leone has appointed Mohamed Alhajie Samoura as their first Sierra Leonean Managing Director and Chief Executive Officer (CEO), since they started operations in the...
All Commercial Banks in Sierra Leone have been directed to start paying 1% of cash withdrawals in coins. This revelation is made in a letter sent to the the Chief Executives /Managing Directors of Commercial...
Sierra Leone’s central bank became the first in Africa and second globally after Israel to raise interest rates this year, according to Bloomberg. Bloomberg noted that the rate is hiked by 125 basis...
The Bank of Sierra Leone has confirmed in a letter addressed to various financial institutions on the use of National Identity Number as a unique identifier for credit reference. The letter which was...
An investigation by Africanist Press has uncovered that Sierra Leonean officials paid at least US$5 million to cyber intelligence groups, including the Israeli-based Cognyte Technologies Limited for cyber...
Bank of Sierra Leone raised its benchmark interest rate by 100 basis points to 17% to curb price pressures in the West African economy and provide cushion for the local currency. “Inflationary pressures...
As the Leone to Dollar exchange continue to hit rocket high The Bank of Sierra Leone has in a release informed the general public that it will embark on the next Wholesale Foreign Exchange Auction which...
The Bank of Sierra Leone (BSL) has announced that the next Wholesale Foreign Exchange Auction will take place on Wednesday 28th September, 2022, in which Commercial Banks will bid through the competitive...
The Bank of Sierra Leone (BSL) has announced that the 121th BSL Wholesale Foreign Exchange Auction will take place on Wednesday 21 September 2022 in which Commercial Banks will bid through the competitive...
The Bank of Sierra has announced that they have removed over-the-counter limits for cash withdrawals per bank account from all commercial banks and other licensed deposit-taking institutions with immediate...
