Bank of Sierra Leone

Guidelines:

Prudential Guidelines for Commercial Banks...Read more

Publication:

Monthly Economic Review (MER) - April 2022.....Read more

NEW!!!

Public Notice:

Bank of Sierra Leone and My Residual Income Global (Sierra Leone) Limited/Moinina Patrick Jobeth…...…...Read more

Public Notice:

Directives on over the counter cash withdrawals within the banking system in Sierra Leone.....Read more

Public Notice:

Redenomination of the Leone - Extension of the Transition Period ...........Read more

Publication:

1. Monthly Economic Report June 2022..........Read more
2. Monthly Economic Report March 2022...………....Read more

Public Notice:

Confirmed Dates for the Monetary Policy Committee (MPC) Meetings and Publication of the Monetary Policy Statements for the Remainder of 2022...........Read more

Public Notice:

1. Directives On Over The Counter Cash Withdrawals Within The Banking System In Sierra Leone 15th July, 2022...........Read more

2. Revised Guidelines on the use of Agent 2022...........Read more

3. Currency Redenomination Technical Guidelines August 2022...........Read more

Public Notice:

1. Public Notice on Redenomination....Read more

2. Redenomination of the Leones........Read more

Speeches by the Governor - Bank of Sierra Leone:

1. The Reasons for, and Effect(s) of, Redenomination of the Leone on Sierra Leone's Post COVID-19 Economy - by the Governor at the 2022 meeting of the Sierra Leone Bar Association....Read more
2. Keynote Address Delivered by Professor Kelfala M. Kallon, Governor, Bank of Sierra Leone, at the Official Launch of Rokel Herald Magazine and the Executive Masters Program on Banking and Finance by IPAM.....Read more

Public Notice:

1. Operating Rules for BSL Special Credit Facility II....Read more

2. Operating Rules For the Agricultural Credit Facility....Read more

3. List of Essential Commodities for BSL COVID -19 Special Facility...Read more

Publication:

1. Bank of Sierra Leone Financial Inclusion News Letter.......Read more
2. Bank of Sierra Leone Special Facility for Food and Fuel.......Read more
3. Guidelines For Invesment/Merchant Bank Operating In Sierra Leone...Read more
4. Guidelines On Money Remittance Business...…..Read more

Publication:
1. Bank of Sierra Leone Cyber Security and It Risk Management Guidelines for Commercial Banks....Read more

2. Anti-Money Laundering and Combating of the Financing Of Terrorism (AML/CFT) Risk Assessment Framework for Commercial Banks 2021...….Read more

3. Financial Consumer Protection Guidelines 2022....Read more

NEW!!!

Public Notice:

1. Directives on Provision of Financial Services on a Non-Discriminatory Basis...Read more

2. Bank of Sieera Leone Press Release On Standard Chartered's Exit Announcement. ...Read more

Public Notice:

1. Additional measures to combat the unlawful trading in foreign currency....Read more

2. Operating Financial Services without a valid licence issued by Bank of Sierra Leone - 'My Residual Income Global-SL'...Read more

Public Notices:

1. Prohibition of quoting prices and making payments in foreign currency in Sierra Leone...Read more

2. Prohibition of the holding and/or export of foreign currency in excess of Ten Thousand United States Dollars or its equivalent outside the banking system...Read more

Payment Systems

An electronic system for settling financial transactions through the transfer of monetary value, and includes the institutions, instruments, people, rules, procedures, standards, and technologies that make such an exchange possible.

Financial Inclusion

Access to a transaction account is a first step toward broader financial inclusion since it allows people to store money, and send and receive payments.

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Monetary Policy Rates
Monetary Policy Rate (MPR)	Standing Deposit Facility (SDF)	Standing Lending Facility (SLF)
16.0%	10.0%	19.0%
For more information on the Monetary Policy Rate...click here