My Financial News from Somalia, Banks

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Somalia , Thursday 16 April 2026

News Somalia Banks: Somalia's Central Bank orders closure of Forex accounts

Published on: Monday 23 December 2019
Somalia's Central Bank orders closure of Forex accounts
News source: https://garoweonline.com/en/news/somalias-central-bank-orders-closure-of-forex-accounts

MOGADISHU, Somalia - In what could be a big blow to booming forex trading businesses, Central Bank of Somalia has on Tuesday ordered for their closure, Garowe Online reports. Those affected are forex ...

News Somalia Banks: Somalia's central bank makes iconic comeback after decades of tumbling

Published on: Monday 22 May 2023
Somalia's central bank makes iconic comeback after decades of tumbling
News source: https://garoweonline.com/index.php/en/featured/business-n/somalia-s-central-bank-makes-iconic-comeback-after-decades-of-tumbling

MOGADISHU, Somalia - Somalia could be crawling back to financial stability, it has emerged, following the significant comeback of the Central Bank of Somalia [CBS] which has been returned to Global ...

News Somalia Banks: Somali president reappoints governor

Published on: Monday 17 July 2023
Somali president reappoints governor
News source: https://www.centralbanking.com/central-banks/governance/7959296/somali-president-reappoints-governor

Abdirahman Mohammed Abdullahi has been appointed to a second four-year term as governor of the Central Bank of Somalia (CBS), Central Banking has been told.

News Somalia Banks: Umpqua Bank contributes $15.5 million to Washington's Small Business Flex Fund

Published on: Wednesday 19 January 2022
News source: https://www.lelezard.com/en/news-20199875.html

The Small Business Flex Fund announced today that it has received $15.5 million in committed capital from Umpqua Bank. The Flex Fund has now raised a total of $85.5 million that will benefit small ...

News Somalia Banks: Somalia Telecoms, Mobile and Broadband Markets, Statistics and Analyses Report 2021: Somalia's Government Making Strides in Improving Telecom Sec

Published on: Wednesday 19 January 2022
News source: https://us.acrofan.com/detail.php?number=602826

The "Somalia - Telecoms, Mobile and Broadband - Statistics and Analyses" report has been added to ResearchAndMarkets.com's offering. Somalia's government making strides in improving telecom sector ...

News Somalia Banks: Somali survivor: The resilience of living through serial suicide attacks

Published on: Tuesday 18 January 2022
News source: https://news.yahoo.com/somali-survivor-resilience-living-serial-000725295.html

Sunday's suicide bombing in Somalia's capital targeted a man who had survived four previous attacks. BBC World Service Africa editor Mary Harper considers why Mohamed Moalimu, who is now recovering in ...