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Union Trust Bank
Union Trust Bank (UTB), whose full name is Union Trust Bank Limited, is a commercial bank in Sierra Leone. It is licensed as a "commercial bank" by the Bank of Sierra Leone, the central bank and national banking regulator. Overview The bank, according to its website, is the only privately owned indigenous commercial bank in the country, as of May 2017. , the bank's total assets were valued at SLL:361.817 billion (approximately US$48.6 million), with shareholders' equity of SLL: 58.162 billion (approximately US$7.811 million). History UTB was founded in 1995 by Sierra Leonean individuals and corporations and was registered as a limited liability company. It began offering banking services following the issuance of a commercial banking license by the Bank of Sierra Leone. On 17 March 2017, the bank celebrated the opening of its headquarters building, on Howe Street, in Freetown, performed by Ernest Bai Koroma the president of Sierra Leone. Branch Network , UTB maintains branches a ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Freetown
Freetown is the capital and largest city of Sierra Leone. It is a major port city on the Atlantic Ocean and is located in the Western Area of the country. Freetown is Sierra Leone's major urban, economic, financial, cultural, educational and political centre, as it is the seat of the Government of Sierra Leone. The population of Freetown was 1,055,964 at the 2015 census. The city's economy revolves largely around its harbour, which occupies a part of the estuary of the Sierra Leone River in one of the world's largest natural deep water harbours. Although the city has traditionally been the homeland of the Sierra Leone Creole people, the population of Freetown is ethnically, culturally, and religiously diverse. The city is home to a significant population of all of Sierra Leone's ethnic groups, with no single ethnic group forming more than 27% of the city's population. As in virtually all parts of Sierra Leone, the Krio language of the Sierra Leone Creole people is Freetown's ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Southern Province, Sierra Leone
The Southern Province is one of the four provinces of Sierra Leone. It covers an area of 19,694 km² and has a population of 1,438,572 (2015 census). It consists of four districts ( Bo District, Bo, Bonthe, Moyamba, and Pujehun). Its capital and administrative center is Bo, which is also the second largest and second most populated city in Sierra Leone after the nation's capital Freetown. The population of the southern province is largely from the Mende ethnic group. Geography Districts The province is divided into 4 districts. *Bo District, capital Bo *Bonthe District, capital Mattru Jong *Moyamba District, capital Moyamba *Pujehun District, capital Pujehun Borders Southern Province has the following borders: *Western Area: far northwest *North West Province: northwest * Northern Province: northeast * Eastern Province: east * Grand Cape Mount County, Liberia: southeast To the south and west of Southern Province is the Atlantic Ocean The Atlantic Ocean is the sec ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Banks Established In 1995
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 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Economy Of Sierra Leone
The economy of Sierra Leone is $4.082 billion by gross domestic product as of 2018. German Foreign OfficeCountry Information Sierra Leone - EconomyPartly citing the ''Economist Intelligence Unit''. Retrieved 2010-03-24. Since the end of the Sierra Leone Civil War in 2002, the economy is gradually recovering with a gross domestic product growth rate between 4 and 7%. In 2008 it in PPP ranked between 147th by World Bank, and 153rd by CIA, largest in the world. Sierra Leone's economic development has always been hampered by an overdependence on mineral exploitation. Successive governments and the population as a whole have always believed that "diamonds and gold" are sufficient generators of foreign currency earnings and lure for investment. As a result, large scale agriculture of commodity products, industrial development and sustainable investments have been neglected by governments. The economy could thus be described as one which is "exploitative" - a rentier state - and base ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
AllAfrica
AllAfrica is a website that aggregates news produced primarily on the African continent about all areas of African life, politics, issues and culture. It is available in both English and French and produced by AllAfrica Global Media, which has offices in Cape Town, Dakar, Lagos, Monrovia, Nairobi, and Washington, D.C. AllAfrica is the successor to the African News Service. Its stories can be displayed by categories and subcategories such as country, region, and by news topic. In 2008, AllAfrica rolled out a comment board system. The President of AllAfrica Global Media, Amadou Mahtar Ba, is a member of the International Advisory Board International is an adjective (also used as a noun) meaning "between nations". International may also refer to: Music Albums * ''International'' (Kevin Michael album), 2011 * ''International'' (New Order album), 2002 * ''International'' (The T ... of the African Press Organization. References External links * ReliefWeb archives of AllAf ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Lunsar
Lunsar is a town in Marampa Chiefdom, Port Loko District in the Northern Province of Sierra Leone. It is the largest town in Port Loko District by population. The Britannica estimate of the population of Lunsar is 36,1 The town is one of the main commercial and business hub in the North of Sierra Leone. Lunsar lies approximately 50 miles east of Freetown and about 18 miles south-east of the district capital of Port Loko The inhabitants of Lunsar are largely from the Temne ethnic group. History Its most recent history has been an iron ore mining town. The ore, for the most ...[...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Magburaka
Magburaka is the Capital (political), capital and largest city of Tonkolili District in the Northern Province, Sierra Leone, Northern Province of Sierra Leone. Its population was 16,313 in the 2004 census. and a current estimate of 40,313. It is located at around , along the Rokel River. Magburaka lies just about 26 miles (42 km) drive south-west of Makeni, the economic center of Northern Sierra Leone and about 80 miles (135 km) drive east of the country's capital Freetown. Magburaka is a trade center and is one of the main cities in Northern Sierra Leone. As with most parts of Sierra Leone, the Krio language of the Sierra Leone Creole people is the most widely spoken language in Magburaka. Magburaka is an educational center and is home to the Government Secondary School for Boys, Magburaka Government Secondary School for Boys, the first western standard Secondary school built in the Northern Sierra Leone. The school is one of the elite secondary schools in ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Kissy, Sierra Leone
Kissy is a neighbourhood located on the eastern end of the capital, Freetown, in Sierra Leone. It is known for its various health services, including the United Methodist Church Health and Maternity ward, as well as Kissy Mental Hospital. Additionally, Kissy is home to over 500 Liberian refugees. In Kissy Village, you can find the ''Kissy Road Church of the Holy Trinity,'' which should not be confused with the Church of the Holy Trinity on ''Kissy Road.'' The latter was burned down by Revolutionary United Front, RUF rebel forces in 1999, but a restoration plan was implemented, successfully restoring the building. Moreover, the church on Kissy Road operated a school. History Kissy was founded in 1816 to provide accommodation for recaptives, liberated enslaved Africans, who had been brought to Freetown Freetown is the capital and largest city of Sierra Leone. It is a major port city on the Atlantic Ocean and is located in the Western Area of the country. Freetown is Sierra Le ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Kambia, Sierra Leone
Kambia also commonly known as Kambia Town is the capital and largest town of Kambia District in the Northern Province of Sierra Leone. Kambia is a major Trade, trading town; and lies approximately 120 miles north-east of Freetown. The town had a population of 11,842 in the 2004 census,Republic of Sierra Leone: 2004 Population and Housing Census: Analytical Report on Population Distribution, Migration and Urbanisation in Sierra Leone. ''Ibrahim Mohamed Sesay, Andrew A. Karam, Jinnah J. Ngobeh.'' Published November 2006. with a 2010 estimate being 12,47and a current estimate of 40,00 Kambia is a major Trade route, trading route along the main highway linking Sierra Leone's capital Freetown to Conakry, the capital of Guinea. Kambia town is inhabited by several different ethnic groups. The Krio language is the primary language of communication among the different ethnic groups in Kambia town. The town is predominantly Muslim. History Before the British and Portuguese arrived in Si ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
