List Of Banks In Sierra Leone
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List Of Banks In Sierra Leone
This is a list of commercial banks in Sierra Leone ; Commercial banks # Sierra Leone Commercial Bank # Standard Chartered Bank (Sierra Leone) # Rokel Commercial Bank # Guaranty Trust Bank (Sierra Leone) # Union Trust Bank # First International Bank # First Bank of Nigeria, formerly International Commercial Bank # Access Bank Sierra Leone # Ecobank # Skye Bank # United Bank for Africa # Zenith Bank # Keystone Bank ; Community banks # Marampa Masimera Community Bank # Mattru Community Bank # Segbwema Community Bank # Yoni Community Bank See also * List of banks in Africa * Banking in Sierra Leone * Bank of Sierra Leone * Economy of Sierra Leone * List of companies based in Sierra Leone References External links Website of Central Bank of Sierra Leone Banks 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 nor ...
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Bank
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 a ...
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