bank of sierra leone

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      The Bank of Sierra Leone is the central bank of Sierra Leone. It issues the country's currency, known as the Leone. The bank formulates and implements monetary policy, including foreign exchange.


      Organisation and activities


      The current governor of the Bank of Sierra Leone is Ibrahim Stevens, who was appointed by president Julius Maada Bio, and took office on the 16th November 2023 after he was approved by Parliament. The governor of the bank is appointed by the President of Sierra Leone for a term of five years.
      The Bank Headquarters is at Siaka Stevens Street in the Central business district in Downtown Freetown.
      The Bank is engaged in policies to promote financial inclusion and is a member of the Alliance for Financial Inclusion (AFI). On 20 December 2012, the member institution announced specific commitments toward AFI's Maya Declaration to move further toward the eradication of financial exclusion in Sierra Leone.


      Governors


      Gordon E. Hall, 1963–1966
      Samuel Bamidele Nicol-Cole, 1966–1970
      Samuel Lansana Bangura, 1970–1979
      Arthur Salaco Christopher Johnson, 1979-1980-?
      Jim Fornah, 1981–1985
      Victor Bruce, 1985–1986
      Abdul Rahman Turay, 1987-1992-?
      Stephen Mustapha Swaray, 1993–1997
      Christian Kargbo, 1997–1998
      James Sanpha Koroma, 1998–2003
      G. Melvin Tucker, acting, 2003
      James David Rogers, 2003–2007
      Samura Kamara, 2007–2009
      Sheku Sambadeen Sesay, 2009–2014
      Momodu Kargbo, 2014–2016
      Kaifala Marah, 2016–2017
      Patrick Saidu Conteh, 2017–2018
      Kelfala M. Kallon, 2018- 2023 [9]
      Dr. Ibrahim L. Stevens, 2023-[10]


      Directors


      Dr M.C.F. Easmon, medical doctor, historian, and a founder of the Sierra Leone National Museum, 1964-1968.
      Dr Claude Nelson-Williams, medical doctor, politician, and social crusader, 1964-1967.


      History


      In order to create an independent economy for the new country, the government drafted legislation to create a central bank and a new currency. The enabling legislation was passed on 27 March 1963 and the bank began operations on 4 August 1964. At the same time, the Leone was introduced to replace the British West African pound, using a decimal system of currency.


      See also



      Sierra Leonean leone
      Sierra Leone Ministry of Finance
      Banking in Sierra Leone
      Economy of Sierra Leone
      List of banks in Sierra Leone
      List of central banks of Africa
      List of central banks


      References




      External links


      Official website
      Bank of Sierra Leone on the Sierra Leone Encyclopedia 2006

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    Bank of Sierra Leone - Wikipedia

    The Bank of Sierra Leone is the central bank of Sierra Leone. It issues the country's currency, known as the Leone. The bank formulates and implements monetary policy, including foreign …

    bsl.gov.sl

    Consolidated exchange rates provided by the Central Bank of Sierra Leone.

    Exchange Rates - BANK OF SIERRA LEONE OPEN DATA …

    Jan 31, 2022 · Units 2020 Aug 2020 Sep 2020 Oct 2020 Nov 2020 Dec 2021 Jan 2021 Feb 2021 Mar 2021 Apr 2021 May 2021 Jun 2021 Jul 2021 Aug 2021 Sep 2021 Oct; National Currency …

    Home - BANK OF SIERRA LEONE OPEN DATA PLATFORM

    BANK OF SIERRA LEONE OPEN DATA PLATFORM. Sign Up Login. Site language: en fr Homepage Gallery Data Catalog Selected Statistcs. All. All Time Series Visualizations …

    List of banks in Sierra Leone - Wikipedia

    This is a list of commercial banks in Sierra Leone, as updated in October 2024 by the Bank of Sierra Leone. [1]

    Bank of Sierra Leone - BankHeadOffice.com

    The Bank of Sierra Leone is the central bank of Sierra Leone. It issues the country's currency, known as the Leone. The bank formulates and implements monetary policy, including foreign …

    BANK OF SIERRA LEONE MONETARY POLICY STATEMENT

    Oct 5, 2024 · The Monetary Policy Committee (MPC) of the Bank of Sierra Leone (BSL) met on 30 September 2024. The Governor, Dr. Ibrahim L. Stevens, chaired the meeting. The MPC …

    Bank of Sierra Leone - sliepa.gov.sl

    In his 1962/63 Budget Speech, the then Minister of Finance asserted, "No independent country can regard itself as truly independent until it has its own national currency. The time is not too …

    Bank of Sierra Leone – TheEconomy

    Nov 5, 2024 · At the mature age of 60 years, the Bank of Sierra Leone has a lot of reasons to look back in dignity and laud itself for a lifetime of commendable monetary policy services to the …

    GRM Web Portal | Bank of Sierra Leone

    Efficiently submit, track, and resolve grievances under the Bank of Sierra Leone’s Second Financial Inclusion Project. Register Now