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Union Trust Bank (UTB), whose full name is Union Trust Bank Limited, is a commercial bank in Sierra Leone. It is licensed as a "commercial bank" by the Bank of Sierra Leone , the central bank and national banking regulator.
The Bank is engaged in policies to promote financial inclusion and is a member of the Alliance for Financial Inclusion (AFI). [2] On 20 December 2012, the member institution announced specific commitments [ 3 ] toward AFI's Maya Declaration to move further toward the eradication of financial exclusion in Sierra Leone.
The Civil War destroyed many of the branches of the country's commercial banks and as of 2005 there were 34 commercial bank branches, the majority in the major towns. [2] Procedures for obtaining loans have been assessed as very complicated and there is a relatively low ratio of private credit to GDP at just over 4 percent.
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Sierra Leone Commercial Bank Limited, state-owned; Rokel Commercial Bank (SL) Limited; Standard Chartered Bank (SL) Limited, part of Standard Chartered Group; Union Trust Bank Limited; Guaranty Trust Bank (SL) Limited, part of GTCO Group; Vista Bank (SL) Limited, part of Vista Bank Group; First Bank (SL) Limited, part of First Bank of Nigeria Group
Check online or with your bank to make sure paper statements do not incur a monthly charge. 9. Fees for transferring your money. Banks typically charge you for official bank checks and wire ...
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