Liberia Banker's Association

Liberia Banker's Association The Liberia Bankers Association (hereinafter referred to as "LBA") was founded in 1976 as a non-political, professional, not for profit, association.

LBA membership is made of nine (9) commercial banks registered and having their offices within Liberia. The Liberia Bankers Association (hereinafter referred
to as the “LBA”) was founded in 1976 as a non-
political, professional, not for profit, association. Purpose of the LBA is:

(a) To provide the continuance of a professional
and sound banking system in Liberia. (b) To provide a forum for the

discussion and
communication of issues affecting the banking
community and the economy and development
of Liberia. (c) To promote public and individual education of
the banking industry and its practices. LBA membership is made of nine (9) commercial
banks registered and having their offices within the
Republic of Liberia. Namely; Liberia Bank for
Development & Investment (LBDI), International Bank
Liberia Ltd (IB), United Bank for Africa Liberia (UBA),
Ecobank Liberia Limited, Guaranty Trust Bank Liberia
(GTB), Global Bank Liberia, Afriland First Bank Liberia,
Access Bank Liberia, and SIB Liberia Limited (SIBLL).

West African Bankers Convene in Monrovia, Push Regional Action to Tackle Rising Bad Loans, Protect Financial Stability. ...
01/05/2026

West African Bankers Convene in Monrovia, Push Regional Action to Tackle Rising Bad Loans, Protect Financial Stability.

West Africa’s top banking executives, regulators, and financial policymakers on Tuesday, April 28, gathered in Monrovia for the opening of the 79th Executive Council Meeting and 43rd General Assembly of the West African Bankers Association (WABA), with a strong call for unified regional strategies to safeguard banking sector stability amid mounting concerns over non-performing loans (NPLs).

Held under the theme, “Safeguarding Banking Sector Stability: Regional Responses to Non-Performing Loans,” the high-level summit brought together major financial stakeholders from across the sub-region, including Executive Governor of the Central Bank of Liberia Henry F. Saamoi, WAMA Director General Dr. Boima S. Kamara, WAMI officials, WAIFEM representatives, and leaders of commercial banking institutions.

The gathering underscored the increasing urgency for coordinated regional banking reforms as West African economies continue to navigate economic shocks, currency instability, commodity price fluctuations, and global uncertainties that have worsened credit risks and distressed assets.

WABA President Warns NPLs Threaten Regional Economic Growth

In his keynote address, WABA President Dr. Guy Laurent Fondjo described non-performing loans as one of the greatest threats to banking sector resilience in West Africa, warning that rising bad debts continue to weaken bank capital, reduce investor confidence, and constrain economic development.

The President of the Liberia Bankers Association, Olalekan Balogun, reinforced the call for unity, cautioning that economic vulnerabilities in one country could have ripple effects across the entire ECOWAS region.

Balogun described regional solidarity as essential, comparing the spread of bad assets across borders to a contagious threat requiring collective defense.

The Liberia Bankers Association (LBA), in collaboration with the West African Bankers' Association (WABA), jointly hoste...
28/08/2025

The Liberia Bankers Association (LBA), in collaboration with the West African Bankers' Association (WABA), jointly hosted a four-day training program for some West African banking institutions in Liberia.

The intensive four-day training, which ran from August 18–21, 2025, at the CBL headquarters in Monrovia, focused on enhancing human resources, administration, and marketing in banking operations within the West African region’s banking sector.

Institutions participated in the training were Sky Bank-Sierra Leone Limited, BSIC Bank-Gambia Limited, and Liberia-based banks such as Bloom Bank, UBA, Ecobank, SIBLL, Access Bank, LBDI, and International Bank.

The training, attended by over 43 participants representing various Liberian and foreign banks, aimed to bolster these banking professionals’ capacities and contribute to the overall growth and stability of the West African region’s financial system.

It was also designed to enhance the capacity and performance of banking professionals by equipping them with practical knowledge, modern tools, and strategic insights in three critical operational areas.

Topics covered included Human Resources Management, emphasizing effective talent acquisition, staff development, performance management, and employee retention strategies tailored to the banking sector; Administrative Excellence, covering efficient administrative structures, compliance, documentation processes, and internal control mechanisms for optimized daily operations.

Marketing in Banking Operations will address customer relationship management, digital marketing strategies, branding, and market positioning to drive growth and competitiveness in the financial industry.

Musa Kamara, advisor to CBL Governor Henry Saamoi’s advisor, praised both institutions for selecting Liberia as the host country. “This training represents a significant investment in the future of Liberia’s banking sector.”

Formally launching the training, Kamara noted that investing in human capital is crucial for the long-term sustainability and growth of any financial institution, with West African banking institutions being no exception.

He added, “By enhancing the skills of these banking professionals, we are not only strengthening individual careers but also contributing to the overall economic development of our region; so, I urge all of you to fully participate in this training.”

Earlier, the president of the Liberia Bankers Association, Olalekan Balogun, thanked his colleagues for collaborating with LBA to ensure the successful holding of the training, emphasizing, “Because the rapid evolution of the financial world demands continuous professional development. Our partnership with WABA is to ensure our bankers receive the highest quality training, equipping them with the skills and knowledge to navigate the complexities of the modern banking environment and contribute to a more robust and resilient financial sector. This collaboration demonstrates WABA's dedication to fostering a vibrant and well-equipped banking sector across West Africa.”

According to Balogun, the training will addressed the unique challenges facing the West African banking sector, including the need for financial inclusion, the promotion of digital financial services, and the management of risks associated with a rapidly evolving technological landscape.

He added that the program's emphasis on practical application will ensure that participants can immediately translate their newly acquired knowledge into tangible improvements within their respective institutions, urging all participants to take the training seriously through their active participation.

The Secretary General of WABA, Alhagie Jeng, disclosed that the seminar marks a pivotal step forward in their collective efforts to strengthen and transform the banking and financial services sector across the West African region.

Jeng also narrated, “We are here today to focus on three fundamental pillars that underpin the success and sustainability of any modern financial institution, including human resources, administration, and marketing. Today’s banking environment demands more than just technical excellence. It demands that we invest in our people, build efficient administrative structures, and engage meaningfully with the markets we serve. So, let this be a time of learning, collaboration, and reflection. Let us build new connections and share experiences that will shape a stronger, more integrated financial sector across ECOWAS.”

Urging participants to engage fully, ask questions, share their experiences, and collaborate across sectors, the WABA SG asserted, “Let this seminar be a spark that ignites stronger institutional cooperation across West Africa. In closing, I wish to reaffirm WABA’s unwavering commitment to capacity-building, cross-border dialogue, and regional integration. We will continue to work with our partners to ensure that the West African banking sector remains strong, agile, and inclusive.”

Meanwhile, the four-day program concluded with a certification ceremony, recognizing the successful completion of the intensive training and marking a significant step forward in the professional development of West African bankers.

The LBA and WABA further expressed their commitment to continue collaborating on similar initiatives in the future, strengthening the capacity and competitiveness of the regional banking sector and fostering regional cooperation across West Africa.

🏆🏅BANKERS TOURNAMENT 2024 – FINAL DAY HIGHLIGHTS!🏅🏆What an incredible finale to this year’s Bankers Tournament! The ener...
12/11/2024

🏆🏅BANKERS TOURNAMENT 2024 – FINAL DAY HIGHLIGHTS!🏅🏆

What an incredible finale to this year’s Bankers Tournament! The energy, teamwork, and sportsmanship displayed on Saturday, November 9, 2024, at the Invincible Sports Park were nothing short of inspiring.

Here are the top winners of the tournament:

⚽ Football
🥇 1st Place: International Bank Liberia Ltd
🥈 2nd Place: GT Liberia Ltd

🏐 Kickball
🥇 1st Place: GT Bank Liberia Ltd
🥈 2nd Place: UBA Liberia

🏀 Basketball
🥇 1st Place: International Bank Liberia Ltd
🥈 2nd Place: Ecobank Liberia

A huge congratulations to all the teams for their outstanding performances and to everyone who came out to cheer and support their favorite banks! This tournament truly exemplifies the spirit of unity and friendly competition within the banking community.

📸 Check out some of the amazing moments from the final day below!

Action-packed moments from the opening games of the Bankers’ Tournament 2024 at Invincible Sports Park on Saturday, Octo...
21/10/2024

Action-packed moments from the opening games of the Bankers’ Tournament 2024 at Invincible Sports Park on Saturday, October 19, 2024! ⚽🏆

GT Bank faced off against Access Bank, UBA took on LBDI, and Ecobank locked horns with Afriland First Bank for an exciting day of competitive sports and camaraderie among bankers.

What a way to kick off the tournament! Stay tuned for more thrilling games ahead! 🏀💥 ”

Exciting moments from the Official Opening of the Bankers’ Tournament 2024! 🏆Held at the Invincible Sports Park, Fish Ma...
21/10/2024

Exciting moments from the Official Opening of the Bankers’ Tournament 2024! 🏆

Held at the Invincible Sports Park, Fish Market, Sinkor, on October 19, 2024, the event was graced by prominent figures including the President of the LBA & CEO of Bloom Bank, Mr. Lekan Balogun, Vice President of the LBA & President of LBDI, Mr. Christian Allison, CEO of UBA Liberia, Mr. Ayokunle Olajubu, Managing Director of GT Bank Liberia, Mr. Ikenna Anekwe, CEO of Access Bank Liberia, Mr. Klaus Mueller, Executive Secretary of the LBA, Mrs. Doreen O. McIntosh, along with other distinguished bankers.

Get ready for the tournament action every Saturday and Sunday from October 19 to November 9, starting at 1:30 pm. Let the games begin! ⚽🏀

Address

Broad And Johnson Streets
Monrovia

Opening Hours

Monday 09:00 - 17:00
Tuesday 09:00 - 17:00
Wednesday 09:00 - 17:00
Thursday 09:00 - 17:00
Friday 09:00 - 17:00

Website

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