LBDI review
Updated October 12, 2026 · HodlCue Editorial Team
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Our verdict
For business customers seeking history and local presence, LBDI traces its creation to 1961 and full operations to 1965. LBDI is a Liberian development finance institution and commercial bank led by Dr Christian N Allison II.
Pros and cons
Pros
- Development finance roots paired with commercial banking since 1988
- Created by national law with operation dating to the 1960s
- Mixed public and private ownership from home and abroad
- Branch choice with email contact for business inquiries
Cons
- Liberia focused footprint centres on branch based access
- Support centres on email and in person branch visits
- History spans development finance and commercial banking together
Ready to try LBDI?
Who it suits
- Business owners wanting development led banking
- Customers wanting branch based service in Liberia
Who should look elsewhere
- Shoppers seeking a purely digital card issuer
Who runs it
The business behind the brand is the Liberian Bank for Development and Investment. An amendment in 1974 gave it the LBDI name as national focus moved toward agriculture and growth. It has also acted as a commercial bank since 1988 and is owned by public and private institutions and individuals.
How LBDI compares
Frequently asked questions
What is LBDI?+
LBDI is the Liberian Bank for Development and Investment. It works as a development finance institution and also acts as a commercial bank. It states that it helps customers grow businesses through its products and services.
When did LBDI start operating?+
The bank was created by legislative action in 1961. It began full work as a development finance institution in 1965. Its name changed in 1974 and it added commercial banking in 1988.
Who owns and leads LBDI?+
LBDI is owned by public and private shareholders. Those holders include institutions and individuals from Liberia and abroad. Daily leadership comes from President and Chief Executive Officer Dr Christian N Allison II.
Where does LBDI serve customers?+
LBDI serves customers in Liberia through a choice of branches. Its work covers development finance and commercial banking for business growth. Foreign nationals and companies also appear among its owners and served community.
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 businesses seeking long established bank support