The Director of Corporate Affairs at the Sierra Leone Commercial Bank (SLCB), Victor Thomas Biandoma Esq., has responded to concerns regarding the alleged unjustified issuance of loans.
In his statement, the Director clarified that the loans highlighted in the Auditor General’s Report underwent a comprehensive evaluation process in accordance with the bank’s rigorous credit policies.
Highlighting the institution’s dedication to transparency and thoroughness, Biandoma Esq., elaborated on the borrower’s eligibility criteria, which encompass a robust credit history, a viable business strategy, and supplementary documentation.
Moreover, he reassured customers and stakeholders that loan approvals were made with prudent financial considerations and with the overarching goal of nurturing economic development.
โThe SLCB, known for its strong governance structure, is committed to upholding its standing for financial integrity,โ said Biandoma Esq.
Furthermore, the Director emphasised that all accusations of misconduct are being rigorously addressed and investigated to safeguard the bank’s principles and customer confidence.
