RCBank Participates in Intra-African Trade Fair (IATF2025) in Algeria


Rokel Commercial Bank (RCBank) has made a strong statement of intent at the ongoing Intra-African Trade Fair (IATF2025) in Algiers, positioning itself as a driver of cross-border trade and investment through innovative financing, SME-focused solutions, and cutting-edge digital banking strategies.

The IATF  Africa’s largest trade and investment marketplace  has opened its doors to more than 35,000 visitors, 2,000 exhibitors, and participants from over 130 countries, creating vast opportunities for businesses and financial institutions across the continent.

RCBank’s delegation has been actively engaging partners and stakeholders, holding high-level discussions with Afrexim Bank and Oakwood Green Africa. These talks focused on strengthening collaborations across multiple business lines and exploring opportunities within the Africa Trade Gateway (ATG) platform.

Speaking at the bank’s exhibition booth, Deputy Managing Director Mr. Emmanuel E. Borbor emphasized the institution’s ambition to gain recognition beyond Sierra Leone’s borders, projecting itself as a regional financial player capable of supporting intra-African trade. Other team members of RCBank that participated in the Trade Fair include Umaru A.S. Shyllon, Rita Macauley, and Otilia Pratt-Davis.

As part of its engagements, the RCBank team also held a strategic meeting with Sierra Leone’s Minister of Trade and Industry as well as the country’s Ambassador to Algeria, underscoring the importance of aligning the bank’s efforts with national trade and investment goals.

Meanwhile, Afrexim Bank has extended an invitation to RCBank to participate in its upcoming Trade Finance Seminars in Nigeria, an opportunity expected to further deepen the bank’s expertise and partnerships in trade financing.

By leveraging platforms like IATF, RCBank is demonstrating its readiness to play a transformative role in Africa’s financial integration, supporting entrepreneurs, SMEs, and large-scale businesses in connecting with opportunities across the continent.




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RCBank Launches Campaign to Promote Digital Payment Systems


Rokel Commercial Bank, alias RCBank has initiated a campaign to promote its digital payment products and support the National Payment Switch launched by the Bank of Sierra Leone.

The campaign features comedian and brand ambassador Kindo Armani, who is engaging the Western Area community to raise awareness about the bank’s offerings.

The campaign encourages customers to sign up for the National Switch and utilize RCBank’s instant digital payment solutions, including Rokel Sim Korpor, Rokel ekorpor, Rokel prepaid cards, and Visa debit cards. This initiative is part of RCBank’s strategy to establish itself as a leading financial services provider in Sierra Leone and the surrounding region.

Kindo Armani, along with RCBank’s VISA activation team, has been educating the public about the benefits of these digital products. “With RCBank pre-paid card, you don’t need to have a bank account.

The card can be used anywhere in the world where cards are accepted. We are making payments seamless in Sierra Leone,” he stated. He highlighted that customers can shop online, pay bills, and make hotel and airline bookings using a VISA card.

To obtain a VISA card, customers need to present a valid ID and make an initial deposit of NLE 200, without requiring a bank account. Cardholders can access cash through any Automated Teller Machine (ATM) worldwide.

RCBank’s digital cards are part of its commitment to providing modern and efficient banking services while promoting financial inclusion for individuals previously excluded from the banking system.

The cards are a key feature of RCBank’s E-banking package, known as “E-baskit,” which allows customers to conduct various banking activities online and via mobile, reducing the need for physical branch visits.

Through this campaign, RCBank aims to enhance financial inclusion and support the National Payment Switch, contributing to the transformation of the banking landscape in Sierra Leone.




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RCBank MD Supports Launch of Eastern Farmers Poultry Feed Mill


The Managing Director of Rokel Commercial Bank (RCBank), Dr Ekundayo Walton Gilpin, reaffirmed the bank’s unwavering support for Sierra Leone’s agricultural sector at the commissioning of the Eastern Farmers Poultry Feed Mill Plant on March 12, 2025.

The event, held in Samuel Town, Matindi Benguema, Waterloo, marked a significant milestone in the country’s efforts to enhance food security and promote self-sufficiency in livestock farming.

Accompanied by key members of his team, Dr Gilpin highlighted RCBank’s commitment to empowering farmers and aligning with the government’s Feed Salone initiative. He emphasized the bank’s dedication to fostering agricultural development, financial inclusion, and rural economic growth across Sierra Leone.

The initiative received widespread commendation from the CEO of the Eastern Farmers Poultry Association and the Ministry of Agriculture, who lauded RCBank’s continuous efforts in supporting local communities and strengthening the agricultural value chain.

Minister of Agriculture Prince Henry Kpaka praised EFAGE’s initiative, emphasizing that Sierra Leone must reduce its reliance on food imports.

“We have no business importing poultry products when we can produce them locally. Currently, the government spends between $15 and $20 million annually on poultry imports,” Minister Kpaka remarked. He added that the feed mill aligns with the Feed Salone initiative, which aims to achieve food security through local production. He further urged the private sector to take the lead in these efforts.

Speaking at the event, EFAGE Chairman Sahr Jusu emphasized the urgent need for strategic investments in the poultry sector. He noted that by 2024, it had become evident that the industry required a reliable supply of high-quality feed to ensure sustainable growth.

“We recognized the critical need for targeted investment in feed formulation to enhance productivity,” Jusu stated. To address this gap, EFAGE partnered with Trouw Nutrition, a subsidiary of Nutreco in the Netherlands, which boasts 125 years of expertise in animal nutrition and concentrate formulation.

The newly constructed Eastern Farmers Poultry Feed Mill is set to revolutionize poultry farming in eastern Sierra Leone. By enabling farmers to produce and sell high-quality animal feed locally, the plant will significantly reduce reliance on costly imports and create a more sustainable and resilient supply chain.

This initiative is expected to:

Enhance food security by ensuring a steady supply of affordable poultry feed.

Generate employment opportunities across various sectors, from production to distribution.

Boost the livestock industry, making poultry farming more profitable for local farmers.

As part of its broader strategy to uplift farming communities, RCBank launched its Agency Banking initiative in December 2023—a groundbreaking move aimed at expanding financial access to rural and underserved areas.

By providing cost-effective, accessible banking solutions through a network of banking agents, RCBank is bridging the financial gap and empowering farmers to manage their finances more efficiently.

With the establishment of the new feed mill, young farmers across eastern Sierra Leone will now have the opportunity to produce high-quality animal feed using 100% locally sourced ingredients.

By continuously investing and supporting agricultural initiatives, financial inclusion, and rural development, RCBank remains a catalyst for economic transformation in Sierra Leone.




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RCBank Partners with Fanta’s Kitchen Catering Services and Afrigas to Stage the Biggest Ever Cooking Competition


Rokel Commercial Bank, in partnership with Fanta’s Kitchen Catering Services and Afrigas, successfully staged the biggest ever cooking competition facilitated by an indigenous bank on October 12th, 2024, at the Family Kingdom Complex, Aberdeen, Freetown.

The bank, known for its trailblazing initiatives and implementation of innovative strategies, continues to set the pace in aligning with regulatory standards to meet the requirements of Sierra Leone.

The event was hosted by Fanta’s Kitchen, one of the leading catering service organizations in Sierra Leone, which has proudly represented the country in both local and international cooking competitions.

 

Fanta Fofanah, the CEO of Fanta’s Kitchen, is a renowned entrepreneur in the catering industry, working closely with institutions across Sierra Leone, with aspirations of gaining wider recognition in Africa and globally.

Rokel Commercial Bank Sierra Leone Ltd. has long been partnering with various organizations to fulfill its Corporate Social Responsibility (CSR) commitments. The theme for this competition, “Impacting Young Entrepreneurs,” aligns with the overarching theme of the bank’s 25th anniversary, “Taking Banking to the Grassroots.” This recent initiative builds on other partnerships and collaborations, including:

Equity and I&M Banks in Rwanda (July 2024) for cross-border transactions,

EST Applied Intelligence (February 2024) for cybersecurity and financial inclusion,

National Scrabble Association Sierra Leone (August 2023) for promoting scrabble in schools,

Institute of Public Administration and Management (IPAM) (January 2022) for a Banking & Finance seminar,

Afrimoney (November 2022) for quality service provision,

Orange Sierra Leone (March 2021) to facilitate mobile money and banking transactions, and

Keeping Hope Alive (2019) to address climate sustainability and tree maintenance.

The cooking competition, organized in collaboration with Fanta’s Kitchen and Afrigas, featured a panel of esteemed judges, including Naasu Fofanah (CEO of Susue Pemehun), Vivian Samuel Coker (CEO of Sam’s Brother’s Investment), and Mrs. Hawa Alpha of Prosgil Delicious.

Contestants hailed from various vocational institutes, including the Young Women’s Christian Association (YWCA), Useful Hands Vocational Institute, Women’s Vocational Center (Ormamy), Winning Center, and Murialdo. Other catering institutions, such as REAPS and CEFORD Vocational Center, were also present to witness the competition.

Useful Hands Vocational Institute from Wellington emerged as the winner, receiving a cash prize of Le10,000. The second position was clinched by Winning Center Vocational Institute from Murray Town, which received Le7,500, while the third-place winner received Le5,000. The contestants who finished in fourth and fifth place were awarded consolation prizes.

At the conclusion of the event, the Managing Director & CEO of Rokel Commercial Bank, Dr. Ekundayo W. Gilpin, congratulated the participants and acknowledged the contributions of the bank’s staff, the judges, and representatives from partnering institutions. He praised the collaboration with Fanta’s Kitchen and Afrigas for their role in making the event a success.

Dr. Gilpin highlighted that the competition demonstrated RCBank’s commitment to empowering young entrepreneurs by providing them with a platform to showcase their skills. This initiative, he noted, is aimed at preparing them for both local and international business challenges, ensuring they remain competitive in an ever-evolving market.

RCBank – The Bank of Choice!




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RCBank Prepaid Card Simplifies Financial Transactions Anywhere in the World


The RCBank Prepaid Card is designed to enable Sierra Leoneans in the diaspora and at home to make purchases online, withdraw cash at an ATM, and pay for goods and services safely and conveniently from anywhere in the world.

With the RCBank Prepaid Card, you can fund, budget, withdraw at any ATM, and spend safely.

The card is available for both RCBank and non-RCBank customers. This means you can access the prepaid card and load it to avoid handling cash on your next trip. It is acceptable on international POS or ATM.

 

The card is:

  • Great for budgeting and controlling your spending
  • For RCBank and Non-RCBank Customers

  • Reloadable and not linked to any account

  • Usable on ATM, POS, and online anywhere in the world

  • Great for gifting to your loved ones

  • Able to generate mini-statements

  • Enjoying unrivalled protection with 3D security for online transactions

Home Remittance

Transferring money home for your family occasionally or regularly? The RCBank Prepaid can provide safe and secure home remittances when registered on the RCBank Simkorpor App.

How to Start Using The RCBank Prepaid Card

The RCBank Prepaid Card is not linked to your regular savings or current account at the Bank. It gives you the flexibility to spend only when it has been loaded on the card and saves you the risk of exposing too much money online. The Prepaid Card is specifically helpful if you are trying to stick to a budget or if you are trying to avoid overspending.

With over two hundred Agency Operating Points, 17 Branches and several Outlets in Sierra Leone; Rokel Commercial Bank has an ever-expanding network and correspondent banks worldwide, rest assured that RCBank will get your money into the hands of those closest to you, no matter how far they are.




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RCBank Prepaid Card Simplifies Financial Transactions Anywhere in the World


The RCBank Prepaid Card is designed to enable Sierra Leoneans in the diaspora and at home to make purchases online, withdraw cash at an ATM, and pay for goods and services safely and conveniently from anywhere in the world.

With the RCBank Prepaid Card, you can fund, budget, withdraw at any ATM, and spend safely.

The card is available for both RCBank and non-RCBank customers. This means you can access the prepaid card and load it to avoid handling cash on your next trip. It is acceptable on international POS or ATM.

 

The card is:

  • Great for budgeting and controlling your spending
  • For RCBank and Non-RCBank Customers

  • Reloadable and not linked to any account

  • Usable on ATM, POS, and online anywhere in the world

  • Great for gifting to your loved ones

  • Able to generate mini-statements

  • Enjoying unrivalled protection with 3D security for online transactions

Home Remittance

Transferring money home for your family occasionally or regularly? The RCBank Prepaid can provide safe and secure home remittances when registered on the RCBank Simkorpor App.

How to Start Using The RCBank Prepaid Card

The RCBank Prepaid Card is not linked to your regular savings or current account at the Bank. It gives you the flexibility to spend only when it has been loaded on the card and saves you the risk of exposing too much money online. The Prepaid Card is specifically helpful if you are trying to stick to a budget or if you are trying to avoid overspending.

With over two hundred Agency Operating Points, 17 Branches and several Outlets in Sierra Leone; Rokel Commercial Bank has an ever-expanding network and correspondent banks worldwide, rest assured that RCBank will get your money into the hands of those closest to you, no matter how far they are.




Source link

RCBank Prepaid Card Simplifies Financial Transactions Anywhere in the World


The RCBank Prepaid Card is designed to enable Sierra Leoneans in the diaspora and at home to make purchases online, withdraw cash at an ATM, and pay for goods and services safely and conveniently from anywhere in the world.

With the RCBank Prepaid Card, you can fund, budget, withdraw at any ATM, and spend safely.

The card is available for both RCBank and non-RCBank customers. This means you can access the prepaid card and load it to avoid handling cash on your next trip. It is acceptable on international POS or ATM.

The card is:

  • Great for budgeting and controlling your spending
  • For RCBank and Non-RCBank Customers

  • Reloadable and not linked to any account

  • Usable on ATM, POS, and online anywhere in the world

  • Great for gifting to your loved ones

  • Able to generate mini-statements

  • Enjoying unrivalled protection with 3D security for online transactions

Home Remittance

Transferring money home for your family occasionally or regularly? The RCBank Prepaid can provide safe and secure home remittances when registered on the RCBank Simkorpor App.

How to Start Using The RCBank Prepaid Card

The RCBank Prepaid Card is not linked to your regular savings or current account at the Bank. It gives you the flexibility to spend only when it has been loaded on the card and saves you the risk of exposing too much money online. The Prepaid Card is specifically helpful if you are trying to stick to a budget or if you are trying to avoid overspending.

With over two hundred Agency Operating Points, 17 Branches and several Outlets in Sierra Leone; Rokel Commercial Bank has an ever-expanding network and correspondent banks worldwide, rest assured that RCBank will get your money into the hands of those closest to you, no matter how far they are.




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RCBank Partners with Fanta’s Kitchen Catering Services and Afrigas to Stage the Biggest Ever Cooking Competition


Rokel Commercial Bank, in partnership with Fanta’s Kitchen Catering Services and Afrigas, successfully staged the biggest ever cooking competition facilitated by an indigenous bank on October 12th, 2024, at the Family Kingdom Complex, Aberdeen, Freetown.

The bank, known for its trailblazing initiatives and implementation of innovative strategies, continues to set the pace in aligning with regulatory standards to meet the requirements of Sierra Leone.

The event was hosted by Fanta’s Kitchen, one of the leading catering service organizations in Sierra Leone, which has proudly represented the country in both local and international cooking competitions.

Fanta Fofanah, the CEO of Fanta’s Kitchen, is a renowned entrepreneur in the catering industry, working closely with institutions across Sierra Leone, with aspirations of gaining wider recognition in Africa and globally.

Rokel Commercial Bank Sierra Leone Ltd. has long been partnering with various organizations to fulfill its Corporate Social Responsibility (CSR) commitments. The theme for this competition, “Impacting Young Entrepreneurs,” aligns with the overarching theme of the bank’s 25th anniversary, “Taking Banking to the Grassroots.” This recent initiative builds on other partnerships and collaborations, including:

Equity and I&M Banks in Rwanda (July 2024) for cross-border transactions,

EST Applied Intelligence (February 2024) for cybersecurity and financial inclusion,

National Scrabble Association Sierra Leone (August 2023) for promoting scrabble in schools,

Institute of Public Administration and Management (IPAM) (January 2022) for a Banking & Finance seminar,

Afrimoney (November 2022) for quality service provision,

Orange Sierra Leone (March 2021) to facilitate mobile money and banking transactions, and

Keeping Hope Alive (2019) to address climate sustainability and tree maintenance.

The cooking competition, organized in collaboration with Fanta’s Kitchen and Afrigas, featured a panel of esteemed judges, including Naasu Fofanah (CEO of Susue Pemehun), Vivian Samuel Coker (CEO of Sam’s Brother’s Investment), and Mrs. Hawa Alpha of Prosgil Delicious.

Contestants hailed from various vocational institutes, including the Young Women’s Christian Association (YWCA), Useful Hands Vocational Institute, Women’s Vocational Center (Ormamy), Winning Center, and Murialdo. Other catering institutions, such as REAPS and CEFORD Vocational Center, were also present to witness the competition.

Useful Hands Vocational Institute from Wellington emerged as the winner, receiving a cash prize of Le10,000. The second position was clinched by Winning Center Vocational Institute from Murray Town, which received Le7,000, while the third-place winner received Le5,000. The contestants who finished in fourth and fifth place were awarded consolation prizes.

At the conclusion of the event, the Managing Director & CEO of Rokel Commercial Bank, Dr. Ekundayo W. Gilpin, congratulated the participants and acknowledged the contributions of the bank’s staff, the judges, and representatives from partnering institutions. He praised the collaboration with Fanta’s Kitchen and Afrigas for their role in making the event a success.

Dr. Gilpin highlighted that the competition demonstrated RCBank’s commitment to empowering young entrepreneurs by providing them with a platform to showcase their skills. This initiative, he noted, is aimed at preparing them for both local and international business challenges, ensuring they remain competitive in an ever-evolving market.

RCBank – The Bank of Choice!




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RCBank Announces Plans for Further Expansion in Sierra Leone


Since 2017, RCBank has demonstrated that local brands can compete both nationally and internationally through innovation and strategic growth.

Recently, RCBank opened a second branch in Bo and announced further expansion plans across Sierra Leone, aiming to strengthen its presence in provincial areas as well.

Mrs. Millicent Cole, Director of Credit Risk, recalled that in 1999, when the bank changed ownership, it was operating as a single branch after Barclays had closed all its locations. Today, RCBank boasts 21 branches, including outlets, and is the first bank in the country to have two branches in Bo City.

 

“We now have two branches in Bo City. Very soon, we will be opening two more branches, with another one before our next anniversary. When Barclays left, we had fewer than 100 employees, but today, we have over 500, a testament to the bank’s contribution to employment in Sierra Leone,” she stated.

She also expressed gratitude to God for blessing the bank with a great team and credited the dynamic and visionary leadership of Managing Director Dr. Walton Ekundayo Gilpin for the bank’s growth.

Managing Director Dr. Walton Gilpin emphasized the significance of an active banking sector for a thriving economy. He encouraged account holders to engage in various banking transactions beyond simple deposits and withdrawals, noting the range of services offered by RCBank, including banking cards, mobile apps for transactions, balance checks, and insurance payments.

Dr. Gilpin also underscored the bank’s commitment to reaching underserved areas, stating that RCBank has branches throughout the country and plans further expansion. His vision is to elevate Sierra Leone’s financial sector and extend RCBank’s presence beyond national borders. He highlighted RCBank’s pioneering step of opening a second branch in Bo, setting a precedent for other banks by enhancing service delivery.

By implementing strong risk management frameworks, adhering to regulatory requirements, and embracing digital innovation, RCBank has built credibility and established long-term stakeholder relationships. Dr. Gilpin stressed the importance of forging strategic partnerships and ensuring regulatory compliance to help Sierra Leonean banks strengthen their competitive position, drive sustainable growth, and contribute to the country’s economic development, as well as Africa’s.

RCBank (SL) Ltd. is now fully digital, in line with the theme of its 25th anniversary: “Digitalization Towards Customer Satisfaction,” focusing on bringing banking services to the grassroots.

As RCBank continues to expand, it is poised to become a key player in the financial landscape, attracting investors and positioning itself for success in Sierra Leone’s market.

RCBank – The Bank of Choice!




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Leveraging Expansion for Growth: RCBank Announces Plans for Further Expansion in Sierra Leone


Since 2017, RCBank has demonstrated that local brands can compete both nationally and internationally through innovation and strategic growth.

Recently, RCBank opened a second branch in Bo and announced further expansion plans across Sierra Leone, aiming to strengthen its presence in provincial areas as well.

Mrs. Millicent Cole, Director of Credit Risk, recalled that in 1999, when the bank changed ownership, it was operating as a single branch after Barclays had closed all its locations. Today, RCBank boasts 21 branches, including outlets, and is the first bank in the country to have two branches in Bo City.

 

“We now have two branches in Bo City. Very soon, we will be opening two more branches, with another one before our next anniversary. When Barclays left, we had fewer than 100 employees, but today, we have over 500, a testament to the bank’s contribution to employment in Sierra Leone,” she stated.

She also expressed gratitude to God for blessing the bank with a great team and credited the dynamic and visionary leadership of Managing Director Dr. Walton Ekundayo Gilpin for the bank’s growth.

Managing Director Dr. Walton Gilpin emphasized the significance of an active banking sector for a thriving economy. He encouraged account holders to engage in various banking transactions beyond simple deposits and withdrawals, noting the range of services offered by RCBank, including banking cards, mobile apps for transactions, balance checks, and insurance payments.

Dr. Gilpin also underscored the bank’s commitment to reaching underserved areas, stating that RCBank has branches throughout the country and plans further expansion. His vision is to elevate Sierra Leone’s financial sector and extend RCBank’s presence beyond national borders. He highlighted RCBank’s pioneering step of opening a second branch in Bo, setting a precedent for other banks by enhancing service delivery.

By implementing strong risk management frameworks, adhering to regulatory requirements, and embracing digital innovation, RCBank has built credibility and established long-term stakeholder relationships. Dr. Gilpin stressed the importance of forging strategic partnerships and ensuring regulatory compliance to help Sierra Leonean banks strengthen their competitive position, drive sustainable growth, and contribute to the country’s economic development, as well as Africa’s.

RCBank (SL) Ltd. is now fully digital, in line with the theme of its 25th anniversary: “Digitalization Towards Customer Satisfaction,” focusing on bringing banking services to the grassroots.

As RCBank continues to expand, it is poised to become a key player in the financial landscape, attracting investors and positioning itself for success in Sierra Leone’s market.

RCBank – The Bank of Choice!

The post Leveraging Expansion for Growth: RCBank Announces Plans for Further Expansion in Sierra Leone appeared first on Sierraloaded.



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