AYV News, July 3, 2025
A high-powered delegation led by the Managing Director, Dr Walton Ekundayo Gilpin, has left Sierra Leone for the Republic of Liberia. The team’s mission is to research and engage key stakeholders on the prospect of establishing a presence in Liberia.
While we await the outcome of the visit, the move could be considered a bold statement premised on a long-held vision to challenge and conquer the sub-regional market with revolutionary and state-of-the-art financial services.
It also speaks to how far it has come in innovation and digitalization.
With things being equal, this giant leap would not only reposition the bank to bring larger profit margins and asset growth, it would also fundamentally restore Sierra Leone’s image as a competent player in the ECOWAS financial market.
While in Liberia, the RCBank team will spend the week analysing market data, engaging potential partners and forging links that would lead to a viable presence in the sister republic.
“Certainly, we have not come on a vacation. We are here to not only assess the viability of any future operations but to also make a statement that Sierra Leone is ready to emerge as a key player in sub-regional finance….the outcome of this visit will determine the next steps and we are very hopeful for a positive outcome….” remarked Managing Director, Dr Walton Ekundayo Gilpin.
Coming events, they say cast their shadows. Between 2023 and 2024, the Rokel Commercial Bank had entered into partnerships with a number of top banking institutions in Africa and beyond. The goal was to leverage available opportunities that will enhance its operations, especially with correspondence banking.
Today, the bank can boast of having credible relationships with institutions like Standard Chartered Bank – USA, Ghana International Bank Plc, United Bank for Africa (New York), Aktif Bank (Turkey) and the Pan-African Payment and Settlement System (PAPSS). RCB was among the first banks in Sierra Leone to adopt and integrate PAPSS, a system designed to streamline cross-border payments in local currencies within Africa.
