Managing Director of Rokel Commercial Bank (RCB), Dr. Ekundayo Walton Gilpin, along with a team of senior and junior staff, actively participated in the Bank of Sierra Leone’s National Payment Switch (NPS) sensitization float parade on Wednesday, 21 January 2025, in Bo and Kenema Cities.
The parade brought together financial institutions, mobile money operators, and other stakeholders to raise public awareness about the transformative benefits of the NPS, a cutting-edge financial infrastructure designed to enhance interoperability and modernize financial transactions in Sierra Leone.
Dr. Gilpin and the RCB team used the platform to demonstrate the bank’s leadership in embracing innovative solutions that simplify banking and promote financial inclusion. Their participation highlighted RCB’s commitment to making modern banking accessible to Sierra Leoneans across urban and rural areas.
The float parade emphasized the key features of the NPS, which is supported by major institutions such as Rokel Commercial Bank, Ecobank, Sierra Leone Commercial Bank, Africell, and Orange:
Interoperability: Customers can perform transactions across different banks without the need for multiple accounts or cards.
Speed and Efficiency: Real-time updates and instant payments provide a seamless customer experience.
Security: Advanced encryption and fraud detection mechanisms safeguard sensitive data.
Accessibility: The NPS broadens financial access, particularly for underserved rural communities.
Throughout the event, representatives from Rokel Commercial Bank and other institutions engaged with local residents, providing hands-on demonstrations of the NPS. They showcased its integration with international platforms such as VISA, MasterCard, and UnionPay, highlighting the system’s capability to facilitate secure and efficient global transactions.
The float parade in Bo and Kenema Cities is part of a nationwide rollout led by the Bank of Sierra Leone and its partners to promote the adoption of the NPS. This initiative is expected to revolutionize Sierra Leone’s financial ecosystem by fostering trust, efficiency, and inclusivity.
Rokel Commercial Bank’s active involvement in the sensitization campaign underscores its dedication to innovation and its mission to provide cutting-edge financial solutions that cater to the diverse needs of Sierra Leoneans.