Press Releases

Read press releases below:

 

Untitled Document
Tuesday, 6th March 2018
MONROVIA – March 3, 2018: The Central Bank of Liberia (CBL) is reminding all insurance companies   who have not complied with the new capital requirements for insurance companies to do so or risk   have their licenses revoked. Full story


Thursday, 22nd February 2018
MONROVIA – February 22, 2018: It has come to the attention of the Central Bank of Liberia (CBL) that a   transaction involving the travel arrangements of a Government of Liberia delegation on an official visit   has been posted on social media. Full story


Tuesday, 20th February 2018
MONROVIA – February 19, 2018: On February 15, 2018, the New Dawn Newspaper wrote an erroneous   story under the caption “US$300,000 for Each Governor at CBL”, alleging that the Central Bank of   Liberia, in December 2017, gave US$300,000 to each of its Governors as car loans. Full story


Tuesday, 20th February 2018
MONROVIA – February 16, 2018: Despite an end-of-year press conference on December 21, 2017 on   the state of the Liberian economy, stories still linger,  alleging illegal capital transfers. Full story


Gov. Weeks Speaks at National Payments Stakeholders' Forum
Tuesday, 23rd January 2018
MONROVIA – January 18, 2018: Central Bank Governor Milton A. Full story


CBL Executive Governor, Mr. Milton A. Weeks
Thursday, 18th January 2018
The Central Bank of Liberia (CBL), in collaboration with stakeholders in the financial sector, hosted a National Payment Systems Stakeholders Forum at the Bella Casa Events Center on Thursday, January 18, 2018. Full story


Dr. Siaplay (center), with insurance executives
Friday, 15th December 2017
The Central Bank of Liberia (CBL) has set March 31st, 2018 as the deadline for all insurance companies to comply with the bank’s new capital requirements for insurance companies operating in Liberia. Full story


CBL Executive Governor Milton A. Weeks (fourth from right) flanked by managers and board members of rural community finance institutions
Friday, 15th December 2017
The Executive Governor of the Central Bank of Liberia, Mr. Full story


Tuesday, 14th November 2017
    The Executive Board of the International Monetary Fund (IMF) has approved the disbursement of SDR 14. Full story


Wednesday, 20th September 2017
  The West African Institute For Financial and Economic Management (WAIFEM) is a sub-regional capacity building Institution established in 1996 by the Central Banks of The Gambia, Ghana, Liberia, Nigeria and Sierra Leone. Full story


Thursday, 31st August 2017
Background and Issues The issue of the dual currency regime became a topical issue during the nationwide consultative meetings on the Vision 2030, Liberia Rising with several speakers favoring changes in the present dual currency law to one having the Liberian currency as the sole legal tender in the country. Full story


Monday, 14th August 2017
  MONROVIA, August 12, 2017:A Rural Community Finance Institution (RFCI), has been opened in Foya, Lofa County. Full story


Thursday, 10th August 2017
  MONROVIA – August 9, 2017:  The Central Bank of Liberia (CBL) has stated that the ongoing implementation of the capital requirements for all licensed insurance companies operating in Liberia remains on course in line with the CBL regulation issued in 2015 and amended in 2016. Full story


Gov. Weeks (middle) in photo with participants
Tuesday, 8th August 2017
  MONROVIA – August 7, 2017:Following a series of activities involving statutory meetings of West African financial institutions since 27 July 2017, the Central Bank of Liberia again played host to a regional course on International Trade, Taxes and Policies that started Monday (7 August 2017), with participants coming from the Ministries of Finance, Revenue Authorities, Customs Authorities and Central Banks of West African countries. Full story


Gov. Weeks addressing WAMZ Central Bank Governors
Tuesday, 8th August 2017
  MONROVIA – August 4, 2017:The Chairman of the Committee of Central Bank Governors of the West African Monetary Agency (WAMA) and Governor of the Central Bank, Mr. Full story


Tuesday, 8th August 2017
  MONROVIA – August 4, 2017:President Ellen Johnson Sirleaf has challenged Ministers and Central Bank Governors of the West African Monetary Zone (WAMZ) to do their best to bring about regional economic integration. Full story


CBL Governor Weeks, addressing CSWAMZ delegate at opening session
Tuesday, 1st August 2017
  MONROVIA – August 1, 2017:The Executive Governor of the Central Bank of Liberia (CBL), Mr. Full story


CBL Gov. Weeks delivering opening address at WAMZ conference
Monday, 31st July 2017
  West African economic integration is taking center stage at statutory meetings of the West African Monetary Zone (WAMZ) that are being jointly hosted by the Central Bank of Liberia and the Ministry of Finance and held from 27 July to 4 August 2017 at the Central Bank of Liberia Auditorium. Full story


Statement by the CBL on the Current Exchange Rate Volatility being experienced in the Liberian Foreign Exchange Market
Monday, 3rd July 2017
Monrovia – July 1, 2017:The Central Bank of Liberia (CBL) is keenly aware of the current exchange rate volatility being experienced between the Liberian Dollar and the US Dollar and is exerting all efforts at its disposal to ensure a stable exchange rate. Full story


Gov. Weeks making a point during visit to CBL Payment Center in Voinjama
Tuesday, 6th June 2017
MONROVIA, June 5, 2017:  The Governor of the Central Bank of Liberia, Mr. Full story


Governor Weeks addressing the 6th Annual General Meeting of LCUNA in Voinjam, Lofa County
Monday, 5th June 2017
Voinjama – June 1, 2017:  The Liberia Credit Union National Association (LCUNA) convened its 6th Annual General Meeting in Voinjama, Lofa County with a call by the Executive Governor of the Central Bank of Liberia to members of the Association to honor their debt obligations to the CBL and other lending institutions in the country. Full story


Governor of the Central Bank of Liberia (CBL), Mr.  Milton A. Weeks has held meetings with officials of Citi Bank, aimed at exploring areas of cooperation between the two institutions, particularly the establishment of corresponding relationships for the CBL and commercial banks in Liberia.
Thursday, 25th May 2017
Ahmedabad, India – May 24, 2017:On the sidelines of the 52nd Annual Meeting of the African Development Bank (AfDB), the Governor of the Central Bank of Liberia (CBL), Mr. Full story


Thursday, 18th May 2017
Monrovia – May 16, 2017:  The Central Bank of Liberia (CBL) and the Liberia Bankers Association (LBA) have reached an agreements with the Chartered Institute of Bankers of Nigeria (CIBN) that would pave the way for the establishment of a Banking Institute of Liberia. Full story


Tuesday, 16th May 2017
(MONROVIA – May 13, 2017):The 17th ministerial meeting of the Intergovernmental Action Group Against Money Laundering in West Africa (GIABA), opened Saturday May 13, 2017, at the Central Bank of Liberia (CBL), with Liberian President Ellen Johnson Sirleaf expressing concern over the illicit flows of money in the West African sub-region. Full story


Thursday, 6th April 2017
MONROVIA – March 29, 2017:    An Official of the Central Bank of Liberia (CBL) has spoken of the need for a skilled and strong workforce which he described is the only reliable conduit for economic growth and sustainable development of any country. Full story


Signing of MOU for the implementation of the Compulsory Third Party Motor Vehicle Insurance scheme
Wednesday, 5th April 2017
MONROVIA – April 5, 2017:   The Executive Governor of the Central Bank of Liberia (CBL), Mr. Full story


week-long workshop for media practitioners and staff of the budget office of the National Legislature
Wednesday, 5th April 2017
MONROVIA – April 5, 2017: 25 participants at a week-long workshop for media practitioners and staff of the budget office of the National Legislature were Friday, March 24, 2017, awarded certificates following the end of an exercise conducted at the Central Bank of Liberia (CBL) in Monrovia. Full story


Wednesday, 22nd March 2017
MONROVIA – March 21, 2017: A week-long national workshop on Economic and Financial Analysis for media practitioners and Legislative Budget Officers opened in Monrovia Monday, March 20, 2017, with the Executive Governor of the Central Bank of Liberia, Mr. Full story


Thursday, 9th March 2017
  MONROVIA – March 9, 2017:  Senior executives of banking institutions in the West Africa sub-region have spoken of the need for continued coordination and collaboration in tackling the economic challenges confronting the sub-region. Full story


CBL Gov. Weeks receiving a Banner from Visiting Rotary International Executive
Friday, 27th January 2017
MONROVIA – January 26, 2017:  A delegation of Rotary International, headed by its District Governor, Mr. Full story


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