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Rokel Commercial Bank

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Rokel Commercial Bank
Company typePrivate
IndustryFinancial services
Founded1917
HeadquartersFreetown, Sierra Leone
Key people
Buffy Bailor
Chairman
Ekundayo Walton Gilpin
Managing Director
ProductsBanking
Number of employees
500+ (2022)
WebsiteHomepage

Rokel Commercial Bank (RCB) is a commercial bank in Sierra Leone. It is one of the commercial banks licensed by Bank of Sierra Leone, the national banking regulator.[1]

Overview

The bank is named after the Rokel River, the longest river in Sierra Leone. RCB serves members of the public, small and medium enterprises (SMEs), as well as large corporations. According to the bank's web site, it one of the three largest commercial banks in the country by assets.[2] Founded in 1917 as Barclays Bank of Sierra Leone, the name was changed when ownership of the bank's stock changed hands in 1999.[3]

Ownership

The stock of the bank is privately owned. The detailed shareholding is not widely publicly known.

Governance

The Chairman of the seven-person Board of Directors is Birch M. Conte, one of the non-Executive directors.[4] Victor Keith Cole serves as the Managing Director and Chief Executive Officer. He is assisted by seven other senior managers in the day-to-day running of the bank.[5]

Branch Network

As of September 2013, Rokel Commercial Bank maintains a network of branches at the following locations:[6]

  1. Main Branch - 25-27 Siaka Stevens Street, Freetown
  2. Congo Cross Branch - 1 Wilkinson Road, Freetown
  3. Industrial Area Branch - Wellington Industrial Area, Freetown
  4. Clock Tower Branch - 7 Kissy Road, Freetown
  5. Wilberforce Street Branch – 39 Wilberforce Street, Freetown
  6. Bo Branch - 10 Bojon Street, Bo
  7. Kenema Branch – 12 Dama Road, Kenema
  8. Koidu Branch - 2 New Sembehun Road, Koidu
  9. Makeni Branch - Independence Square, Mabanta Road, Makeni
  10. Moyamba Branch – Siaka Stevens Street, Moyamba
  11. Pujehun Branch – Stoke Road, Pujehun

See also

References

  1. ^ List of Licensed Commercial Banks In Sierra Leone In September 2013 Archived 2012-03-20 at the Wayback Machine
  2. ^ "Rokel Commercial Bank (Sierra Leone) Ltd – Bank On Our Integrity". www.rokelbank.sl. Retrieved 2017-08-30.
  3. ^ Rokel Commercial Bank Was Founded In 1917 As Barclays Bank of Sierra Leone
  4. ^ "Rokel Commercial Bank (Sierra Leone) Ltd – Bank On Our Integrity". www.rokelbank.sl. Retrieved 2017-08-30.
  5. ^ "Rokel Commercial Bank (Sierra Leone) Ltd – Bank On Our Integrity". www.rokelbank.sl. Retrieved 2017-08-30.
  6. ^ "Rokel Commercial Bank (Sierra Leone) Ltd – Bank On Our Integrity". www.rokelbank.sl. Retrieved 2017-08-30.