Sierra Leone Commercial Bank
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Sierra Leone Commercial Bank
Sierra Leone Commercial Bank (SLCB) is a Sierra Leone commercial bank. It is one of the commercial banks licensed by the Bank of Sierra Leone, the country's central bank and national banking regulator. It serves large corporations, small and medium enterprises, and individual customers. It is operated and managed by indigenous Sierra Leonians. History SLCB was founded in 1973. Ownership The stock of the bank is 100 percent owned by the Government of Sierra Leone. Branch network SLCB maintains its headquarters in Freetown, the capital city, capital, and has branches in Freetown, Bo, Sierra Leone, Bo, Kenema, Makeni, Koidu, Cline Town, Mobimbi, Njala, Sierra Leone, Njala, and Waterloo, Sierra Leone, Waterloo. See also *Banking in Sierra Leone *List of banks in Sierra Leone *List of banks in Africa References

Banks of Sierra Leone Companies based in Freetown Banks established in 1973 1973 establishments in Sierra Leone {{SierraLeone-stub ...
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State Owned Enterprise
A state-owned enterprise (SOE) is a government entity which is established or nationalised by the ''national government'' or ''provincial government'' by an executive order or an act of legislation in order to earn profit for the government, control monopoly of the private sector entities, provide products and services to citizens at a lower price and for the achievement of overall financial goals & developmental objectives in a particular country. The national government or provincial government has majority ownership over these ''state owned enterprises''. These ''state owned enterprises'' are also known as public sector undertakings in some countries. Defining characteristics of SOEs are their distinct legal form and possession of financial goals & developmental objectives (e.g., a state railway company may aim to make transportation more accessible and earn profit for the government), SOEs are government entities established to pursue financial objectives and develo ...
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Kenema
Kenema is the third largest city in Sierra Leone (after Freetown and Bo, Sierra Leone, Bo), and the largest city in the country's Eastern Province, Sierra Leone, Eastern Province. It is the capital of Kenema District and a major economic center of the Eastern Province. At the 2015 national census, Kenema had a population of 200,354. Kenema is located approximately 200 miles from Freetown, and south of Bo. Kenema is one of Sierra Leone's most ethnically diverse cities. Like most parts of Sierra Leone, the Krio language of the Sierra Leone Creole people is by far the most widely spoken language in Kenema. Kenema is governed by a directly elected city council, headed by a mayor in whom executive authority is vested, and who is responsible for the city's general management. The mayor and council members are elected every four years. Kenema's current mayor is Thomas Karimu Baio of the Sierra Leone People's Party Karimu Baio was elected mayor with 79.4% of the vote in the 2018 Kenema ...
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Companies Based In Freetown
A company, abbreviated as co., is a legal entity representing an association of people, whether natural, legal or a mixture of both, with a specific objective. Company members share a common purpose and unite to achieve specific, declared goals. Companies take various forms, such as: * voluntary associations, which may include nonprofit organizations * business entities, whose aim is generating profit * financial entities and banks * programs or educational institutions A company can be created as a legal person so that the company itself has limited liability as members perform or fail to discharge their duty according to the publicly declared incorporation, or published policy. When a company closes, it may need to be liquidated to avoid further legal obligations. Companies may associate and collectively register themselves as new companies; the resulting entities are often known as corporate groups. Meanings and definitions A company can be defined as an "artificial per ...
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Banks Of Sierra Leone
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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List Of Banks In Africa
This is a list of banks in Africa, arranged by country. Algeria Central bank * Bank of Algeria Commercial public banks * Algérie Poste * Banque Capitale Du Benin Commercial private banks * Arab Bank * Arab Banking Corporation * Banque Capitale Du Benin * BNP Paribas * Calyon * Citibank * HSBC * Natixis * Société Générale Angola Central bank * Central Bank of Angola Commercial banks and other financial institutions * Banco Africano de Investimentos * Banco de Desenvolvimento de Angola * Banco de Poupança e Crédito * Banco do Brasil * Banco do Comércio e Indústria * Banco Espírito Santo Angola Benin Central bank * Central Bank of West African States Banks and other financial institutions * African Investment Bank * Bank of Africa Bénin * Banque Atlantique * Banque Internationale du Bénin * Banque Sahélo-Saharienne pour l'Investissement et le Commerce * BGFIBank Group * Diamond Bank * Ecobank * Financial Bank Bénin * Société Générale * United Bank f ...
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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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Banking In Sierra Leone
Banking in Sierra Leone consists of a central bank, the Bank of Sierra Leone, seven commercial banks, and six community banks. Banking sector The Civil War destroyed many of the branches of the country's commercial banks and as of 2005 there were 34 commercial bank branches, the majority in the major towns. Procedures for obtaining loans have been assessed as very complicated and there is a relatively low ratio of private credit to GDP at just over 4 percent. Community Banks Community banks play the role of extended financial services to local communities which are not able to access the commercial banks. They are also designed to help development within Sierra Leone by supporting the government's microfinancing program and by empowering local communities. See also *List of banks in Sierra Leone References {{Africa topic, prefix=Banking in Economy of Sierra Leone Sierra Leone Sierra Leone,)]. officially the Republic of Sierra Leone, is a country on the southwes ...
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Waterloo, Sierra Leone
Waterloo is a city in the Western Area of Sierra Leone and the Capital city, capital of the Western Area Rural District, which is one of the sixteen districts of Sierra Leone. Waterloo is located about twenty miles east of Freetown. Waterloo is the second largest city in the Western Area region of Sierra Leone, after Freetown. The city had a population of 34,079 in the 2004 census, and 55,000 as per a 2015 estimate. Waterloo is part of the Freetown metropolitan area. Waterloo is a major urban transport hub and lies on the main highway linking Freetown to the country's provinces. Waterloo is an entirely urban area, and lies 25 miles to Port Loko District entrance border line in the Northern Province. Waterloo is one of Sierra Leone's most ethnically diverse cities, as it is home to many of Sierra Leone's ethnic groups, with no single ethnic group forming even 30% of the population . Although Waterloo is part of the larger Western Area Rural district council, the city has its o ...
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Njala, Sierra Leone
Njala is a town in Moyamba District in the Southern Province, Sierra Leone. It is 200 km east of Freetown and is home to Njala University, the second largest university in Sierra Leone, after Fourah Bay College. The university attracts student from many West African countries. References Populated places in Sierra Leone Southern Province, Sierra Leone {{SierraLeone-geo-stub ...
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Cline Town
Cline Town is an area in Freetown, Sierra Leone. The area is named for Emmanuel Kline, a Hausa Liberated African who bought substantial property in the area. The neighborhood is in the vicinity of Granville Town, a settlement established in 1787 and re-established in 1789 prior to the founding of the Freetown settlement on 11 March 1792. Granville Town, as Cline Town was known at the time, was established in 1787 by the London-based Committee for the Relief of the Black Poor. They arranged for the transport of London's so-called Black Poor to Sierra Leone where they were amongst its original settlers. Many of these Black Poor were Black Loyalists who had decided or were forced to leave the United States after the American War of Independence; some came via several years in Nova Scotia, another British North American colony and so are known as Black Nova Scotians. All asserted a British identity. Some were formerly West Indian enslaved Africans. Some British wives also were part o ...
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Koidu
Koidu Town (or Sefadu) is the capital and largest city of the diamond-rich Kono District in the Eastern Province of Sierra Leone. The population of Koidu Town is 124,6based on the 2015 Sierra Leone national census. Koidu Town is the fifth largest city in Sierra Leone by population, after Freetown, Kenema, Bo and Makeni. Koidu Town is a major urban, business, commercial and diamond trade center. Koidu Town lies approximately 280 miles east of Freetown, and about 60 miles north of Kenema. Two of the world’s ten largest and most famous rough diamonds were found in the Woyie River that flows through Koidu Town. The city is officially known as Koidu City. The mayor of Koidu City and members of the Koidu-New Sembehun city council are directly elected every four years by the residents of Koidu. The current mayor of Koidu Town is Komba Sam of the Coalition 4 Change
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