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Liberia: SIB Bank in deep trouble

Liberia: SIB Bank in deep trouble

Rédaction Africa Links 24 with New Dawn
Published on 2024-07-01 01:50:00

The liquidity situation at the SIB Bank appears to be casting a dark shadow over financial institutions in the country and the economy as a whole if it is not handled with immediate care.

By Othello B. Garblah 

Monday, July 1, 2024- Despite mounting pressure from the Executive Branch of Government on the Central Bank of Liberia to save SIB Bank from bankruptcy, the bank finds itself in deeper trouble than it appears to the naked eye.

SIB, whose full name is Sapelle International…

Read the full article on The Newdawn Liberia

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