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.
-
๐๐ ๐๐ฎ๐ฅ๐๐๐ก ๐๐๐ฅ๐ฅ๐จ๐ก ๐๐จ๐ฆ๐ฆ๐ข๐ฌ๐ฌ๐ข๐จ๐ง๐ฌ ๐๐๐ซ๐ค๐๐ญ ๐๐ง ๐ ๐ซ๐๐๐ญ๐จ๐ฐ๐ง
The Honourable Vice President, Dr Mohamed Juldeh Jalloh yesterday, commissioned a much-nee… -
๐.๐. ๐๐ฆ๐๐๐ฌ๐ฌ๐๐๐จ๐ซ ๐๐ข๐ฌ๐ข๐ญ๐ฌ ๐๐๐๐ ๐๐๐๐ข๐๐
๐๐ฒ ๐๐ฎ๐ซ ๐๐จ๐ฅ๐ข๐ญ๐ข๐๐๐ฅ ๐๐จ๐ซ๐ซ๐๐ฌ๐ฉ๐จ๐ง๐๐๐ง๐๐. The United States of America Ambassador to Sierra Leone, … -
๐ ๐ข๐ซ๐ฌ๐ญ ๐๐๐๐ฒ ๐๐ญ๐ญ๐๐ง๐๐ฌ ๐๐๐ ๐๐จ๐ง๐๐๐ซ๐๐ง๐๐ ๐๐ง ๐๐ข๐ ๐๐ซ๐ข๐
Sheku Tanga – Sierra Leone Information, Federal Republic of Nigeria. The First Lady …
Load More Related Articles
-
๐๐ ๐๐ฎ๐ฅ๐๐๐ก ๐๐๐ฅ๐ฅ๐จ๐ก ๐๐จ๐ฆ๐ฆ๐ข๐ฌ๐ฌ๐ข๐จ๐ง๐ฌ ๐๐๐ซ๐ค๐๐ญ ๐๐ง ๐ ๐ซ๐๐๐ญ๐จ๐ฐ๐ง
The Honourable Vice President, Dr Mohamed Juldeh Jalloh yesterday, commissioned a much-nee… -
๐.๐. ๐๐ฆ๐๐๐ฌ๐ฌ๐๐๐จ๐ซ ๐๐ข๐ฌ๐ข๐ญ๐ฌ ๐๐๐๐ ๐๐๐๐ข๐๐
๐๐ฒ ๐๐ฎ๐ซ ๐๐จ๐ฅ๐ข๐ญ๐ข๐๐๐ฅ ๐๐จ๐ซ๐ซ๐๐ฌ๐ฉ๐จ๐ง๐๐๐ง๐๐. The United States of America Ambassador to Sierra Leone, … -
๐ ๐ข๐ซ๐ฌ๐ญ ๐๐๐๐ฒ ๐๐ญ๐ญ๐๐ง๐๐ฌ ๐๐๐ ๐๐จ๐ง๐๐๐ซ๐๐ง๐๐ ๐๐ง ๐๐ข๐ ๐๐ซ๐ข๐
Sheku Tanga – Sierra Leone Information, Federal Republic of Nigeria. The First Lady …
Load More By Amadu Daramy
-
๐๐ ๐๐ฎ๐ฅ๐๐๐ก ๐๐๐ฅ๐ฅ๐จ๐ก ๐๐จ๐ฆ๐ฆ๐ข๐ฌ๐ฌ๐ข๐จ๐ง๐ฌ ๐๐๐ซ๐ค๐๐ญ ๐๐ง ๐ ๐ซ๐๐๐ญ๐จ๐ฐ๐ง
The Honourable Vice President, Dr Mohamed Juldeh Jalloh yesterday, commissioned a much-nee… -
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…
Load More In Business
Click To Comment
Check Also
๐๐ ๐๐ฎ๐ฅ๐๐๐ก ๐๐๐ฅ๐ฅ๐จ๐ก ๐๐จ๐ฆ๐ฆ๐ข๐ฌ๐ฌ๐ข๐จ๐ง๐ฌ ๐๐๐ซ๐ค๐๐ญ ๐๐ง ๐ ๐ซ๐๐๐ญ๐จ๐ฐ๐ง
The Honourable Vice President, Dr Mohamed Juldeh Jalloh yesterday, commissioned a much-nee…