Central Bank of Liberia

The Central Bank of Liberia is Liberia's central bank. Its current executive governor is Jolue Aloysius Tarlue. The offices of the bank are located in Monrovia, the capital of Liberia.

Central Bank of Liberia

Established	October 18, 1999
Ownership	100% state ownership[1]
Governor	Jolue Aloysius Tarlue
Central bank of	Liberia
Currency	Liberian dollar LRD (ISO 4217)
Reserves	260 million USD[1]
Website	www.cbl.org.lr

The bank is a member of the Alliance for Financial Inclusion.^[2]

History

From 1974 to 2000, Liberia's central bank was the National Bank of Liberia. The Central Bank of Liberia, known as "CBL", was founded on October 18, 1999, by an act of the Liberian legislature, and began operations in the year 2000, at which time the National Bank of Liberia, or "NBL", was dissolved.^[3]

Governors of National Bank of Liberia

• Thomas D. Voer Hanson, 1980 - 1986^[4]
• John G. Bestman, 1986 - 1987^[5]
• Paul Jeffy, 1987 - 1988^[6]
• Thomas D. Voer Hanson, 1988 - 1989^[7]
• David K. Vinton, ? - 1990 - 1994 - ?
• Raleigh Seekie, ? - 1996
• Ignatius Clay, 1996 - 1997
• Charles Bright, 1997 - 2000

Governors of Central Bank of Liberia

• Elie E. Saleeby, 2000 - May 2004, the first executive governor^[8]
• Charles A. Greene, May 2004 - 2006
• Joseph Mills Jones, 2006 - February 2016^[9]
• Charles Sirleaf, February 2016 - April 2016^[10]
• Milton Alvin Weeks, April 2016 - 2018
• Nathaniel R. Patray, 2018 - November 2019
• Jolue Aloysius Tarlue, November 2019 - ^[11]

See also

• Banks portal

• Economy of Liberia
• Ministry of Finance (Liberia)
• Liberian dollar
• List of banks in Liberia
• List of central banks of Africa
• List of central banks

References

1. Weidner, Jan (2017). "The Organisation and Structure of Central Banks" (PDF). Katalog der Deutschen Nationalbibliothek.
2. "AFI members". AFI Global. 2011-10-10. Archived from the original on 2012-02-20. Retrieved 2012-02-23.
3. "Central Bank of Liberia". August 26, 2006. Archived from the original on August 26, 2006.
4. Central Banking Directory. 1993. ISBN 9780951790311.
5. Central Banking Directory. 1993. ISBN 9780951790311.
6. Central Banking Directory. 1993. ISBN 9780951790311.
7. Central Banking Directory. 1993. ISBN 9780951790311.
8. "Liberia's Central Bank Governor Resigned Under Pressure, Asked Not To Leave Liberia". www.theperspective.org.
9. "CBL Policies are Sound, Governor Tells Public – The New Dawn Liberia". Archived from the original on 2022-04-01. Retrieved 2020-04-13.
10. "Liberia's president names new finance minister, central bank governor". Yahoo Finance. 16 April 2016.
11. "New Central Bank of Liberia Executive Governor Named". www.cbl.org.lr. Archived from the original on 2021-08-14. Retrieved 2020-04-13.

External links

• Central Bank of Liberia official site