𝐒𝐋𝐂𝐁 𝐂𝐥𝐚𝐫𝐢𝐟𝐢𝐞𝐬 𝐔𝐧𝐣𝐮𝐬𝐭𝐢𝐟𝐢𝐞𝐝 𝐋𝐨𝐚𝐧 𝐀𝐥𝐥𝐞𝐠𝐚𝐭𝐢𝐨𝐧

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The Director of Corporate Affairs of Sierra Leone Commercial Bank (SLCB), Mr Victor Thomas Biandoma, has responded to concerns about the alleged unjustified disbursement of loans.
The bank’s governor clarified in a statement that the loans highlighted in the auditor general’s report were thoroughly assessed in accordance with the bank’s strict credit policies.
Attorney Biandoma highlighted the agency’s commitment to transparency and thoroughness, and detailed borrower eligibility criteria, which include a good credit history, a viable business strategy, and supplemental documentation.
Furthermore, he assured customers and stakeholders that loan approvals were made after careful financial considerations and with the primary goal of promoting economic development.
“SLCB is known for its strong governance structure and is committed to maintaining its financial integrity,” said attorney Biandoma.
Furthermore, the bank’s governor stressed that all allegations of misconduct will be dealt with and investigated rigorously to uphold the bank’s principles and customer confidence.

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