Banking and Money
Banking and money plays a fundamental role in economic development and empowerment.
Drawing from the most recent published knowledge of the functioning of modern banking & monetary systems, ÆDE provides capacity building and training of public administration and commercial banks on establishing well-functioning market-based banking and financial systems.
Key aims on banking and money are:
Supporting the Liberian Dollar (L$), by increasing payments made in L$ bank deposits
Establishing an inter-operable payments system for L$ bank deposits
Securitizing commercial bank loans in L$ with land and real estate assets
Creating a national land tenure register (cadastre) covering 100% of Liberia’s territory, in support of mortgage/commercial bank loan collateral
Supporting land and real estate transactions made in L$
Improving the disclosure of financial information by the Central Bank of Liberia and commercial banks to better distinguish between L$ and US$ commercial loans and bank deposits.