Good morning colleagues, another feather to our cap. RC Bank has been awarded the prestigious Socrates award for “Best Enterprises” and our revered Managing Director awarded “Manager of the year”. We have been identified for these awards by the Europe Business Assembly. We were identified by this organization in the UK and we went through the rigorous process of selection and we emerged the winner amongst many others. In the selection process, we were singled out for these awards based on our outstanding performance and the strides we’ve made over the last few years. Congratulations to our Managing Director, Deputy Managing Director, Management and staff of RC Bank. Colleagues, let’s keep this going and kudos to us all.
In another development, A High Court verdict on a matter dating back to 2014 regarding monies paid to the surviving relatives of a deceased customer has been wrongly presented by a certain local tabloid as “fraud”. The Newspaper rather mischievously went ahead to impute that a criminal deed occurred at the Bank when in fact the issue at hand had to do with payments to a beneficiary in 2014,an action based upon a Letter of Administration from the courts.
A Press Release from the Bank’s Management has also laid bare the truth and described the said publication as “frivolous,” “fictitious” and one that was aimed at denting the soaring business reputation of the bank. The release also assured its customers that there were no issues of fraud in the bank and that all deposits are safe. This medium has also learnt that the said disbursement was done following approval (Letters of Administration) from the High Court and recommendation by the bank’s legal representative at the time.
Rokel Commercial Bank had undergone phenomenal transformation that has repositioned the bank as one of the most profitable and fastest growing financial institutions in Sierra Leone and possibly the sub-region.
The expansion drives to Kailahun, Bonthe, FBC, Kabala, Wilberforce amongst others area with the Rokel Simkorpor Plus mobile banking has unknowingly made the bank a bonafide champion of financial inclusion in the country.
A top notch banking operations software with enhanced corporate banking has put Rokel on a true competitive edge and a very willing disciple for modern day banking. In the midst of a public health emergency, when financial institutions around the world are crumbling, the Bank’s management has been remarkable in managing its affairs. The software has assisted in delivering social safety net payments across the country, thereby helping in delivering much needed social sector support nationwide.
As it keeps recording exponential growth with bigger profit margins every year, the Bank has been the subject of numerous local and international accolades – with the most recent being the Best Bank Governance award by the internationally acclaimed and prestigious UK based Capital Finance International magazine. In addition, the Bank continues to be instrumental in promoting financial literacy and inclusion in the country.