Heritage (Monrovia)

Liberia Bankers' Week Launched

The Liberia Bankers Association (LBA) through its President, Mr. Sylva Ashmole, on Monday December 3, 2012 officially launched its Bankers' Week in Monrovia. The Bankers' Week is being observed under the theme: "Rebuilding The Financial Sector Infrastructure" from December 3-8 2012. The Bankers' Week is aimed at highlighting the successes and challenges of banks operating in the country.

Founded in 1976, the LBA is a non-political, and non for profit association of Liberian banks. Amongst other things, the objectives of the LBA is to promote professional and sound banking system, provide forum for the discussion and communication of issues affecting the banker community and promote public and individual education of banking practices in the country.

Mr. Ashmole, who is also the Managing Director and Chief Executive Officer (CEO) of First Internal Bank Liberia Limited (FiBank), disclosed that this year's celebration focuses on public interaction via talk shows. Mr. Ashmole stated that the LBA will also bring stakeholders, particularly lawmakers and ordinary citizens together to discuss the prospects, challenges and future of the country's banking sector.

According to him, several centers for disadvantaged persons amongst others will be visited. He pointed out that there is a need for the public to know more about what is happening in the banking sector. Among other things, he added that public awareness on the activities of the banking sector will l engender strong appreciation of the country's banking sector.

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