The Bank of Sierra has issued directives to all Licensed commercial Banks and other deposits financial institutions on the 15th July 2022. The Bank of Sierra Leone hereby state as follow: 1. Over...
Almost two weeks after the redenominated currency came into force, some commercial banks in the country are experiencing cash shortages. The last two days have seen new restrictions imposed on the amount...
During the official launch of the New Leones currencies at the Bank of Sierra Leone, President Julius Maada Bio has yesterday reiterated his government’s commitment to supporting oil marketing companies...
The Deputy Bank Governor of the Bank of Sierra Leone (BSL) Monetary Stability, Dr. Ibrahim Stevens, says the machinery is all in place to ensure a smooth transition to the new national currency but cautioned...
The main opposition Whip of the All People’s Congress Party in Parliament, Hon. Hassan Sesay has criticized the Bank Governor of the Bank of Sierra Leone, Kelfala M. Kallon for failing to adhere to the...
The Bank of Sierra Sierra Leone has issued a press release dated 24 June 2022, on the new measures set to be implemented during the circulation of the New Leones in the country. The release further...
The Bank of Sierra Leone has announced that June 30th will be a holiday for Banks in Sierra Leone to allow preparations for the redenomination of the Leones. The Bank made this announcement in a public...
Abstract The official currency of Sierra Leone is the Leone, which was introduced on 4 August 1964, replacing the British West African pound at a rate of 1 pound = 2 Leones. Following introduction,...
The Bank of Sierra Leone has today 16 June 2022 announced that the denomination currency shall become legal tender effective 1" July, 2022. The Bank further announced that the Leone - existing currency...
A high powered delegation from the Bank of Sierra Leone headed by the Deputy Bank Governor who doubles as Director of Financial Institution and Supervision, Dr. Ibrahim Lahai Steven were in Pujehun District...
