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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
The bank, according to its website, is the only privately owned indigenous commercial bank in the country, as of May 2017. [3] As of December 2015, the bank's total assets were valued at SLL:361.817 billion (approximately US$48.6 million), with shareholders' equity of SLL: 58.162 billion (approximately US$7.811 million).
45.4 Branches of foreign banks. ... Sierra Leone Commercial Bank [87] Skye Bank; Standard Chartered Bank; Union Trust Bank; United Bank for Africa; Zenith Bank;
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. [3]
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