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 (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 Ministry of Employment, Labour and Social Security has stepped in to address concerns raised by employees of Union Trust Bank (UTB) amid the institution’s ongoing transition process. The intervention...
Many Sierra Leoneans are deeply concerned about the current transition facing Union Trust Bank (UTB). Beyond the official statements, we must remember the human element: the workers, families, and customers...
Shareholders of Union Trust Bank (UTB) have formally petitioned the Bank of Sierra Leone (BSL), requesting an immediate suspension of the central bank's decision to place UTB under a caretaker management...
Opposition politician and former Governor of the Bank of Sierra Leone, Dr. Samura Kamara has raised concerns regarding the central bank's decision to place Union Trust Bank (UTB) in resolution less than...
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...
Union Trust Bank Limited (UTB) has announced the funeral arrangements for its late Founder and Chief Executive Officer, Dr. James Sanpha Koroma, who passed away recently at the age of 79. The funeral...
