Sierra Leone will shortly replace its present currency with new Leone notes and cents.
The Sierra Leone Commercial Bank, now led by Yusufu Abdul Silla, is spearheading the charge in educating the people about the new Leones and cents-based currency.
SLCB has put up displays of the new notes and cents at all of its branches and other outlets around the country to give value to all of its stakeholders, including the Bank of Sierra Leone.
It has created advertisements and flyers displaying the new currency for transmission and popularization across the country.
Three zeros have been removed from the new Leone, which has the same value as the previous Leone. As a result, the old Le 1,000 will now be worth LE1. The old Le5,000 will now be worth Le5, while the old Le10,000 will be worth Le10.
This means that Le 100,000 will be worth Le 100 and Le 1,000,000 will be worth Le 1,000.
Le10 now equals one cent, Le50 equals five cents, Le100 equals ten cents, Le250 equals twenty-five cents, and Le500 equals fifty cents.
Under the energizing leadership of new Managing Director Yusufu Abdul Silla, SLCB continues to prioritize customer satisfaction.
Mr Silla has a Master of Science in International Banking and Finance from London Metropolitan University, with a concentration in International Finance. Some of the topics covered in this course include banking operations and strategy, domestic finance, international banking, corporate finance, research methods, portfolio management, qualitative methods, and macroeconomics.
Mr Silla is described as a highly motivated, goal-oriented, team player, and people-oriented financial-services leader with excellent time management skills. His previous assignment was as Managing Director of the Commerce and Mortgage Bank, PLC.
Mr Silla continues to vigorously drive SLCB’s digital transformation targeted at boosting the bank’s portfolio, having successfully moved the Mortgage Bank from a loss-making position of Le28 billion to a pre-tax profit of Le14.6 billion in the bank’s 2020 audited financial statement.
His vision for pushing SLCB to new heights includes staff training and motivation, as well as maintaining an organizational structure that is capable of meeting all of the department’s goals and objectives.
Home Business Sierra Leone Commercial Bank Limited Takes The Lead In The Sensitization Of New Leone Notes.
-
๐๐ซ๐๐ฌ๐ข๐๐๐ง๐ญ ๐๐ข๐จ ๐๐๐๐ซ๐๐ฌ๐ฌ๐๐ฌ ๐๐จ๐ซ๐ฅ๐ ๐๐๐ง๐ค ๐๐ฎ๐ฆ๐ฆ๐ข๐ญ
During the International Development Association IDA21 for African Heads of State Summit i… -
๐๐จ๐ฅ๐ข๐๐ ๐๐จ๐ฌ๐ญ ๐๐ฉ๐๐ง๐ข๐ฌ๐ก ๐๐๐๐ข๐๐จ๐ฌ
As part of efforts to cater for the welfare of police personnel, their dependants, and the… -
๐ ๐๐ฎ๐ฌ๐ก ๐๐๐๐ฅ๐๐ซ๐ฌ ๐๐ซ๐ซ๐๐ฌ๐ญ๐๐
๐๐ฒ ๐๐๐ฃ๐ ๐๐๐๐ฆ๐ ๐๐๐ฆ๐๐ซ๐. The Harbour Police Division in Freetown led by the Local Unit Comman…
Load More Related Articles
-
๐๐ซ๐๐ฌ๐ข๐๐๐ง๐ญ ๐๐ข๐จ ๐๐๐๐ซ๐๐ฌ๐ฌ๐๐ฌ ๐๐จ๐ซ๐ฅ๐ ๐๐๐ง๐ค ๐๐ฎ๐ฆ๐ฆ๐ข๐ญ
During the International Development Association IDA21 for African Heads of State Summit i… -
๐๐จ๐ฅ๐ข๐๐ ๐๐จ๐ฌ๐ญ ๐๐ฉ๐๐ง๐ข๐ฌ๐ก ๐๐๐๐ข๐๐จ๐ฌ
As part of efforts to cater for the welfare of police personnel, their dependants, and the… -
๐ ๐๐ฎ๐ฌ๐ก ๐๐๐๐ฅ๐๐ซ๐ฌ ๐๐ซ๐ซ๐๐ฌ๐ญ๐๐
๐๐ฒ ๐๐๐ฃ๐ ๐๐๐๐ฆ๐ ๐๐๐ฆ๐๐ซ๐. The Harbour Police Division in Freetown led by the Local Unit Comman…
Load More By Amadu Daramy
-
๐๐ข๐ง๐ข๐ฌ๐ญ๐ซ๐ฒ ๐จ๐ ๐ ๐ข๐ง๐๐ง๐๐ ๐๐ข๐ฌ๐๐ฎ๐ซ๐ฌ๐๐ ๐๐$ ๐๐.๐๐ฆ ๐๐จ ๐๐๐๐ฌ
The general public is informed that the Ministry of Finance, in collaboration with the Min… -
๐๐ข๐ง๐ข๐ฌ๐ญ๐ซ๐ฒ ๐๐ ๐ ๐ข๐ง๐๐ง๐๐… ๐๐จ๐ง๐ญ๐ซ๐๐๐ญ๐จ๐ซ๐ฌ ๐๐จ๐ฆ๐ฉ๐ฅ๐๐ข๐ง ๐๐ ๐๐จ๐ฎ๐ง๐๐๐ ๐๐ก๐๐ช๐ฎ๐๐ฌ
At least, two government contractors have complained bitterly that, payment order issued t… -
๐๐๐๐๐๐ ๐๐๐๐๐๐… ๐๐๐ฌ ๐๐ฉ๐ฉ๐จ๐ฌ๐ ๐๐ซ๐๐ข๐ ๐๐๐๐ง’๐ฌ ๐๐๐ค๐๐จ๐ฏ๐๐ซ ๐๐ข๐
There is a growing consensus in the House of Parliament against the widely reported unsoli…
Load More In Business
Click To Comment
Check Also
๐๐ซ๐๐ฌ๐ข๐๐๐ง๐ญ ๐๐ข๐จ ๐๐๐๐ซ๐๐ฌ๐ฌ๐๐ฌ ๐๐จ๐ซ๐ฅ๐ ๐๐๐ง๐ค ๐๐ฎ๐ฆ๐ฆ๐ข๐ญ
During the International Development Association IDA21 for African Heads of State Summit i…