BankHeadOffice.com

        Bank Head Office Worldwide

 

Loan Calculators
Mortgage Guides
Banking FAQs
Banking Institutions

Central Banks Worldwide

 

 

 
Home  »  Central Banks Worldwide  »  Central Bank of Liberia

Central Bank of Liberia

 

Central Bank of Liberia Logo

The Central Bank of Liberia (CBL) was established on October 18, 1999 by an Act of the National Legislature of the Republic of Liberia. The powers of the Bank are vested in a Board of Governors, responsible for the formulation and implementation of policy. The Board consists of five Governors who are appointed by the President of Liberia subject to confirmation by the Liberian Senate.

 
 

The principal objective of the CBL is to achieve and maintain price stability in the Liberian economy. To this end, it seeks to preserve the purchasing power of the national currency; promote internal and external equilibrium in the national economy; encourage the mobilization of domestic and foreign savings and their efficient allocation for productive economic activities; facilitate the emergence of financial and capital markets that are capable of responding to the needs of the national economy, and foster monetary, credit and financial conditions conducive to orderly, balance and sustain economic growth and development. The management of the Bank is conducted by an Executive Governor who is also Chairman of the Board of Governors and a Deputy Governor who serves as principal assistant to the Executive Governor.


T
he Management of the Central Bank of Liberia seeks to achieve the objectives of its mission through:

    Maintaining the value of the domestic currency and external reserves;
    Pursuing appropriate interest and exchange rate policies;
    Safeguarding the integrity of the financial sector;
    Issuing notes and coins to meet the demand of the general public;
    Conducting economic analysis and publishing economic and financial statistics;
    Promoting and supporting the development of financial markets and efficient payment and settlement systems; and
    Advising the Government on economic and financial matters.

In achieving the objectives above, the Bank commits itself to providing effective support functions through a sound banking and financial control system, appropriate information system and the development of competent and qualified staff.
 

Central Bank of Liberia HQ Location Map

Central Bank of Liberia
HQ Address: Corner of Warren & Carey Street
Monrovia
Liberia
Tel: +231 226 991
Fax: +231 226 114
Website: www.cbl.org.lr
Swift Code: CBLRLRLM
Currency: Liberia Dollar
Banking Hours:
Monday - Friday : 9.00am - 5.00pm
 

 

Central Bank of Liberia accepts that the credibility of its policy and actions is a prerequisite for the attainment of its goals and that such credibility can only be achieved and maintained through independent action, firmness of principle, resoluteness and fixed intent.
 

List of banks in Liberia governed by the Central Bank of Liberia
Bank Name Telephone Fax Website
AccessBank Liberia (+231) 7785 0812 N/A www.accessbank.com.lr
Ecobank Liberia (+231) 226 428 (+231) 7701 2290 www.ecobank.com
Guaranty Trust Bank Liberia (+231) 7749 9992 (+231) 7749 9995 www.gtbanklr.com
Global Bank Liberia (+231) 6425 760 N/A www.globalbankliberia.com
International Bank (Liberia) (+231) 226 505 (+231) 226 092 www.ibliberia.com
Liberian Bank for Development and Investment (+231) 226 366 (+231) 226 359 www.lbdi.net
United Bank for Africa Liberia Limited (+231) 6895 895 N/A www.ubagroup.com/ubaliberia

DISCLAIMER
The content comes from Internet, reasonable efforts are made to maintain accuracy of information published.
However, information could contain errors or inaccuracies and is presented without warranty and statutory means.
No liability is assumed for errors or omissions. Viewers are advised to consult their banker or financial consultant for complete information and their professional advise.
All trademarks, logos, brand names and copyrights are the property of their respective owners.

© 2011 - 2014 BankHeadOffice.com ® All Rights Reserved