MONROVIA, LIBERIA-President Joseph Boakai is urging the Banking Community to work collectively in moving the country forward.

President Boakai, in a meeting with the Bankers Association on Tuesday, May 22, 2024, lauded the Association for its commitment to continue investment in Liberia.

The Liberia said:” Strengthening the Liberian economy involves working along with the bankers for the betterment of the Country.”

President Boakai lauded the efforts of the Association in boosting the Liberian Economy.

Meanwhile, the President of the Bankers Association of Liberia, Olalekan Balogun, said:” The Association remains committed to supporting the Liberian Government’s ARREST Agenda.”

Mr. Balogun said the ARREST Agenda of the Government is the surest way leading to the growth and development of the Country.

He, however, identified some challenges the bankers are faced with, including the culture of impunity and the Judicial System, among others.

Mr. Olalekan Balogun emphasized that the banks continue to lose debt cases against clients’ potential borrowers to be denied loans.

By: Richel Kollie