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Global Bank Liberia
Global Bank Liberia Limited (GBLL), commonly referred to as Global Bank Liberia, is a commercial bank in Liberia. It is one of the commercial banks licensed by the Central Bank of Liberia, the national banking regulator. Overview Global Bank Liberia is a private commercial bank. It was granted a banking license by the Central Bank of Liberia on February 10, 2005. The majority shareholders of the bank were Europeans who have investment interest in Africa and have substantial investment in Liberia. In January 2009, the ownership of Global Bank Liberia Limited (GBLL) was transferred to Platinum Habib Bank ( Bank PHB). The takeover increased the bank's capital by US$8.5 million to US$10 million. The new corporate entity was known as ''Global Bank PHB'', between 2005 and 2011. Among the banking products on offer, is Internet Banking and money transfer services under the MoneyGram brand. When Bank PHB in Nigeria collapsed in August 2011, its interest in Global Bank Liberia was assumed ...
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Monrovia
Monrovia () is the capital city of the West African country of Liberia. Founded in 1822, it is located on Cape Mesurado on the Atlantic coast and as of the 2008 census had 1,010,970 residents, home to 29% of Liberia’s total population. As the nation's primate city, Monrovia is the country's economic, financial and cultural center; its economy is primarily centered on its harbor and its role as the seat of Liberian government. Etymology Monrovia is named in honor of U.S. President James Monroe, a prominent supporter of the colonization of Liberia and the American Colonization Society. Along with Washington, D.C., it is one of two world capitals to be named after a U.S. President. History Before 1816, the area around Cape Mesurado and the mouth of the Mesurado River was called Ducor. It had long been established as a crossroads and place of trade, and was inhabited by fishing, trading and farming communities of various ethnicities, including the Dey, Kru, Bassa, Gola, and ...
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MoneyGram
MoneyGram International, Inc. is an American cross-border Peer-to-peer, P2P payments and electronic funds transfer, money transfer company based in the United States with headquarters in Dallas, Dallas, Texas. It has an operations center in St. Louis Park, Minnesota and regional and local offices around the world. MoneyGram businesses are divided into two categories: Global Funds Transfers and Financial Paper Products. The company provides its service to individuals and businesses through a network of agent (law), agents and financial institutions. In 2014, MoneyGram was the second largest provider of money transfers in the world. The company operates in more than 200 countries and territories with a global network of about 347,000 agent offices. History MoneyGram International formed as a result of two businesses merging, Minneapolis-based Travelers Express and Denver-based Integrated Payment Systems Inc. MoneyGram was first established as a subsidiary of Integrated Payment Sy ...
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Banks Established In 2005
A bank is a financial institution that accepts deposits from the public and creates a demand deposit while simultaneously making loans. Lending activities can be directly performed by the bank or indirectly through capital markets. Because banks play an important role in financial stability and the economy of a country, most jurisdictions exercise a high degree of regulation over banks. Most countries have institutionalized a system known as fractional reserve banking, under which banks hold liquid assets equal to only a portion of their current liabilities. In addition to other regulations intended to ensure liquidity, banks are generally subject to minimum capital requirements based on an international set of capital standards, the Basel Accords. Banking in its modern sense evolved in the fourteenth century in the prosperous cities of Renaissance Italy but in many ways functioned as a continuation of ideas and concepts of credit and lending that had their roots in the anc ...
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Banks Of Liberia
A bank is a financial institution that accepts deposits from the public and creates a demand deposit while simultaneously making loans. Lending activities can be directly performed by the bank or indirectly through capital markets. Because banks play an important role in financial stability and the economy of a country, most jurisdictions exercise a high degree of regulation over banks. Most countries have institutionalized a system known as fractional reserve banking, under which banks hold liquid assets equal to only a portion of their current liabilities. In addition to other regulations intended to ensure liquidity, banks are generally subject to minimum capital requirements based on an international set of capital standards, the Basel Accords. Banking in its modern sense evolved in the fourteenth century in the prosperous cities of Renaissance Italy but in many ways functioned as a continuation of ideas and concepts of credit and lending that had their roots in the ...
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List Of Banks In Liberia
This is a list of commercial banks in Liberia. Banks # Afriland First Bank Liberia # AccessBank Liberia # Ecobank Liberia # G N Bank (Liberia) # Guaranty Trust Bank Liberia # Global Bank Liberia # International Bank (Liberia) # Liberian Bank for Development and Investment # United Bank for Africa Liberia Limited See also * Central Bank of Liberia * Economy of Liberia References External links Official Website of the Central Bank of LiberiaList of Licensed Banks in Liberia {{Africa topic, List of banks in Banks A bank is a financial institution that accepts deposits from the public and creates a demand deposit while simultaneously making loans. Lending activities can be directly performed by the bank or indirectly through capital markets. Becaus ... Liberia Liberia ...
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Economy Of Liberia
The economy of Liberia is extremely underdeveloped, with only $3.222 billion by gross domestic product as of 2019, largely due to the First (1989–1996) and Second Liberian Civil War (1999–2003). Liberia itself is one of the poorest and least developed countries in the world, according to the United Nations. Until 1979, Liberia's economy was among the more developed and fastest-growing in Sub-Saharan Africa, but after the 1980 coup d'état, it declined, and the civil war destroyed much of Liberia's economy and infrastructure, especially the infrastructure in and around the nation's capital, Monrovia. The war also caused a brain drain and the loss of capital, as the civil war involved overthrowing the Americo-Liberian minority that ruled the country. Some have returned since 1997, but many have not. Liberia is richly endowed with water, mineral resources, forests, and a climate favorable to agriculture, but poor in human capital, infrastructure, and stability. Liberia has ...
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Buchanan, Liberia
Buchanan ( bsq, Gbezohn), also previously known as Grand Bassa on some maps, is the third largest city in Liberia, lying on Waterhouse Bay, part of the Atlantic Ocean. As of the 2008 census, Buchanan had a population of 34,270. Of this, 16,984 were male and 17,286 female. Named for Thomas Buchanan, cousin of U.S. president James Buchanan, and second governor of Liberia, it is also the capital of Grand Bassa County and lies southeast of Monrovia, near the mouth of the Saint John River. The town was popular with refugees during the Liberian Civil War as it largely escaped the fighting. Fishing is an important industry in the town. The town also has isolated beaches and lagoons. History In December 1832, the Port Cresson colony was founded in what is now Buchanan, by black Quakers of the New York and Pennsylvania Colonization Societies. It was established as a settlement for black emigrants from the United States. The emigrants named the settlement in honor of Elliott Cresson ...
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Clara Town
Clara Town is a slum located on Bushrod Island in Monrovia, the capital of Liberia. It is built upon a swamp. Clara Town was one of several ethnic communes that was squatted in the outskirts of Monrovia. Clara Town had around 4,500 inhabitants in 1964 out of whom 99% were Kru. An area within Clara Town is named "Struggle Community". According to ''The New Humanitarian'' this zone is "a network of haphazard, rubbish-strewn streets, many of which are flooded for several months of the year". In this area, 10,000 residents share two privately owned water taps. Clara Town's 75,000 people shared 11 public toilets and 22 public taps in 2009."LIBERIA: Disease rife as more people squeeze into fewer toilets"


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Paynesville, Liberia
Paynesville (sometimes Paynesward) is a suburb east of Monrovia, Liberia. It is geographically larger than the city of Monrovia and is expanding eastward along the Robertsfield Highway and northeastward beyond Red Light Market, one of the largest market areas in Liberia. Paynesville is often considered a part of the Greater Monrovia area. It was the location of the Paynesville Omega Transmitter, the highest structure of Africa, until the tower's demolition in 2011. The Liberia Broadcasting System is also located in Paynesville. The Liberian Judo Federation is based in Paynesville. Neighborhoods Paynesville has several neighborhoods, called "communities" by residents, which are notable for their unique names. Some communities include housing estates, older settlements, while others are named after landmarks, major boulevards/roads or local leaders, while others predate the street names altogether. * A.B. Tolbert Community * Duport Road *ELWA * Gobuychop * Grayja * Kendeja * Ken ...
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Sinkor
Sinkor is a section of the Monrovia metropolitan area in Liberia. United Nations Mission in Liberia (UNMIL) has its headquarters in Sinkor. Embassies, health facilities, and educational institutions, and non-governmental organizations are also in Sinkor. Tubman Boulevard is the main thoroughfare in Sinkor, which connects the neighborhood to the Capitol Hill area and Monrovia's downtown. The neighborhood is considered to be bounded by UNMIL headquarters to the west and the Spriggs Payne airport to the east. Commerce Sinkor is the headquarters of the Liberian Bank for Development and Infrastructure (LBDI), the Comium and Lonestar telecommunications companies, and many other businesses. Government Sinkor is home to Liberia's National Investment Commission and National Elections Commission. The Elections Commission building was reconstructed in 2009, funded by USAID. The representative of Sinkor is Elijah Kumeh. History On July 29 and 30, 1990, members of the Armed Forces of Liber ...
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Uganda
}), is a landlocked country in East Africa East Africa, Eastern Africa, or East of Africa, is the eastern subregion of the African continent. In the United Nations Statistics Division scheme of geographic regions, 10-11-(16*) territories make up Eastern Africa: Due to the historical .... The country is bordered to the east by Kenya, to the north by South Sudan, to the west by the Democratic Republic of the Congo, to the south-west by Rwanda, and to the south by Tanzania. The southern part of the country includes a substantial portion of Lake Victoria, shared with Kenya and Tanzania. Uganda is in the African Great Lakes region. Uganda also lies within the Nile, Nile basin and has a varied but generally a modified equatorial climate. It has a population of around 49 million, of which 8.5 million live in the Capital city, capital and largest city of Kampala. Uganda is named after the Buganda kingdom, which encompasses a large portion of the south of the country, includi ...
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Sierra Leone
Sierra Leone,)]. officially the Republic of Sierra Leone, is a country on the southwest coast of West Africa. It is bordered by Liberia to the southeast and Guinea surrounds the northern half of the nation. Covering a total area of , Sierra Leone has a tropical climate, with diverse environments ranging from savanna to rainforests. The country has a population of 7,092,113 as of the 2015 census. The capital and largest city is Freetown. The country is divided into five administrative regions, which are subdivided into Districts of Sierra Leone, 16 districts. Sierra Leone is a constitutional republic with a unicameral parliament and a directly elected executive president, president serving a five-year term with a maximum of two terms. The current president is Julius Maada Bio. Sierra Leone is a Secular state, secular nation with Constitution of Sierra Leone, the constitution providing for the separation of state and religion and freedom of conscience (which includes freedom of ...
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