Tag: Bank of Sierra Leone
Sierra Leone: National Payment Switch is live now!
In a press release dated April 29, 2023, the Bank of Sierra Leone announced that the National Payment Switch has gone live. The National Payment Switch is a platform that facilitates interconnection ...“I am gravely sorry that I am in a situation where I know we are ...
Sierra Leone’s Bank Governor, Professor Kaifala Kallon, in an interview with AYV’s Amadu Lamrana Bah, admitted that the country’s economy is in a difficult position presently. Prof. Kallon said that they have ...Bank of Sierra Leone to auction USD 8 million
Bank of Sierra Leone (BSL) will on Wednesday, September 28, 2022, auction the sum of USD 8 million to commercial banks around the country. According to a press release issued by the ...Bank of Sierra Leone extends transition period of the Leones to March 2023
The Bank of Sierra Leone has in a press release issued on Thursday, September 15, 2022, announced an extension of the deadline for the transition period of the redenomination of the Leones. ...Keystone Bank Sierra Leone to sell all assets after just a year
Keystone Bank has announced that it will to sell its assets in Sierra Leone and Liberia after doing same in Uganda. This news comes a little over a year since Keystone took ...Locals skeptical of Sierra Leone’s central bank clamp down of US dollar regulation
Author: Emma Fofanah The Central Bank of Sierra Leone is trying to tackle the ‘dollarization’ of the country’s economy. The Bank wants to limit the usage of foreign currencies especially the US ...