LBDI review
Updated October 12, 2026 · SumCue Editorial Team
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Our verdict
LBDI offers development finance roots alongside commercial banking, so its appeal centres on Liberia and visiting a branch rather than broad everyday choice. The Liberian Bank for Development and Investment suits Liberian households and firms that value a long established institution with business focused products and named leadership.
Pros and cons
Pros
- Created by legislation in 1961 and operating fully since 1965 in Liberia
- Has acted as a commercial bank since 1988 alongside development finance
- Owned by public and private shareholders from Liberia and abroad
- Led by a president with 21 years at the national central bank
Cons
- Focused on Liberia, which limits usefulness for people living elsewhere
- Centres on branch visits, which asks more effort than remote access
Ready to try LBDI?
Who it suits
- Liberian residents who value branch service
- Business owners seeking development finance heritage
Who should look elsewhere
- People living outside Liberia
Who runs it
The company behind the brand is the Liberian Bank for Development and Investment. An amendment in 1974 gave it the present name to reflect emphasis on agriculture and wider growth. Since 1988 it has also acted as a commercial bank. Ownership mixes public and private shareholders, including institutions and individuals from Liberia and abroad. The President and Chief Executive Officer is Dr Christian N Allison II.
How LBDI compares
Frequently asked questions
What is LBDI?+
LBDI is the Liberian Bank for Development and Investment in Liberia. It started as a development finance institution and it has also served as a commercial bank since 1988. Its work emphasises agriculture and other drivers of national economic growth.
Who owns LBDI?+
LBDI is owned by a mix of public and private shareholders rather than a single interest. Those shareholders include institutions and individual investors with different backgrounds. Some are Liberians, while other holders are foreign nationals and companies with a stake in the bank.
Who leads LBDI?+
The leader is Dr Christian N Allison II, the President and Chief Executive Officer. He previously worked at the national central bank for 21 consecutive years in various capacities. He holds university degrees in accounting, economics, corporate finance and business administration.
Which company operates LBDI?+
LBDI is operated by Liberian Bank for Development and Investment. (Source, checked September 26, 2026)
Where is LBDI based?+
LBDI is based in Liberia. (Source, checked September 26, 2026)
When was LBDI founded?+
LBDI was founded in 1961. (Source, checked September 26, 2026)
How can I contact LBDI support?+
LBDI offers support through Email. (Source, checked September 26, 2026)
Sources
- lbdi.net checked September 26, 2026
Backs: Founded, Headquarters, Legal entity, Support channels
“LBDI was created by an Act of the National Legislature in 1961”
- lbdi.net/products-services checked September 26, 2026
Backs: Card type, Card network
“DepositMasterCard Debit and Prepaid”
Compiled from 2 source pages, checked October 13, 2026. We did not open an account.
Not confirmed yet: Monthly fee, Currency conversion fee, Free ATM withdrawals, Protection.
LBDI
Liberian customers wanting branch based development banking