Bank of Sierra Leone

Our vision, Mission and Core Values

  • Posted on: 31 May 2012
  • Updated on: 31 May 2012

Our Vision:

To be a world-class model central bank focused on its core objectives with a highly qualified and motivated staff that has access to the state-of-the-art technology.

Our Mission:

To maintain price stability that is conducive to the attainment of financial and macroeconomic stability conducive to a balanced and sustainable growth of the national economy of Tanzania.

 Value Statement:

Central Banks: 

The leone

  • Posted on: 29 November 2010
  • Updated on: 9 August 2012

Bank of Sierra Leone notes are printed in various colours with different designs on both the front and the back. Although the bank experimented with colour, new designs and printing techniques, its notes remain essentially the same throughout and have similar dimensions.

Sierra Leonean figures have been depicted on the front of notes of all series. The character chosen has to have made an indisputable contribution to the Sierra Leonean history.

Central Banks: 

National Payment System

  • Posted on: 29 November 2010
  • Updated on: 12 July 2012

The National Payment System, a modernization project was launched in October 2002, to provide an efficient customer centered payment system designed to meet the payment needs of the country.

Limitations of the current Method of Payment

The current methods of payment in Sierra Leone have various shortcomings such as delays in settlement periods, high costs, and risk of fraud. The most common instruments that characterize these payment methods are cash, cheques, and to a limited extent electronic payments.

Central Banks: