Rokel Commercial Bank (RC Bank) is set to take over the management of Union Trust Bank (UTB) after the latter was placed under resolution by the Bank of Sierra Leone (BSL), the central bank announced on...
The Office of the President, State House, opened the Ministry of Sports and National Sports Authority (NSA) organized Inter-MDA Football Gala with a commanding 4–1 victory over the Bank of Sierra Leone...
International Credit Union Day was celebrated in grand style at D. BIM–D. BAM, Wellington Street, Pademba Road Junction, Freetown, bringing together credit union members, government officials, and the...
The Sierra Leonean Leone has been ranked as the second weakest currency in Africa, according to a Forbes currency calculator report for September 2025, underscoring the lingering pressure on Sierra Leone’s...
The Bank of Sierra Leone (BSL) has cut its benchmark interest rate by three percentage points, lowering the cost of borrowing for businesses and individuals. The decision, approved by the BSL Board...
The Bank of Sierra Leone has set December 31, 2025, as the deadline for all commercial banks and financial institutions in the country to fully enforce the use of the National Identification Number (NIN)...
The Bank of Sierra Leone’s June 2025 Monetary Policy Report has identified both strengths and vulnerabilities within the country’s banking sector. While overall resilience remains intact, the report...
Sierra Leone’s total public debt has risen to US$3.1 billion (approximately NLe 67.7 billion) as of December 2024, according to a recent presentation by Minister of Finance Sheku Ahmed Fantamadi Bangura...
The Monetary Policy Committee (MPC) of the Bank of Sierra Leone (BSL), following its quarterly meeting on July 24, 2025, has announced a significant reduction in its key policy rates, effective July 29,...
Rokel Commercial Bank (RCBank) has officially commissioned its newest branch in Cline Town, Eastern Freetown, marking a major step in the bank’s commitment to increasing financial access and inclusion...
