Mr. Abdisamad Loyan holds PhD in Economics, has over 25 years of working experience both in the public & private sectors, served as an adjunct faculty member for nearly 19 years at Colorado State University & taught graduate-level classes in Money & Banking & Econ Devlpmt. Thread
Central Bank of Somalia
1,031 posts
Official X account of the Central Bank of Somalia. #CentralBankSo #Somalia #BankigaDhexe #FayigahaDhaqaalaha RT's ≠ Endorsements.
- A New dawn for Somalia as IMF Announced Debt Forgiveness for the Country.
- #Somalia currency is #Somali Shilling. The Central Bank Act - Decree Law 16 of 19/10/1968 mandates the Central Bank as the only first authority to issue #Somali currency Banknotes and coins as legal tender. #Bangigadhexe, #DidYouKnow?
- Ogeysiis! Bankiga Dhexe wuxuu dhawaan hirgelin doonaa hab-maaliyadeed mideysan oo bankiyada dalka u fududeynayo inay isla shaqeeyaan. Waa markii ugu horeysey oo nidaamkaan dalka laga hirgelin doono waxayna faa’ido u tahay bankiyada iyo dhamaan shacabka Soomaaliyeed ee isticmaala.
- On 27th February, 2021– the Central Bank of Somalia issued today Mobile Money license to Hormuud Telecom under the provision of mobile money service within the Federal Republic of Somalia.
- The number of registered Somali commercial banks are growing fast. 5 new banks are joining the existing 5 privately owned banks. CBS is happily welcoming the new banks Daryeel Bank Ltd, SomBank Ltd., MyBank Limited, Agro Africa Bank & Amana Bank and wishing them all success.
- 3. Dr. Hussein Warsame - Non-Executive Board Member Dr. Hussein Warsame is a Full Professor & the Accounting Area Chair at the Haskayne School of Business, University of Calgary. He is also the Chartered Professional Accountants (CPA) Faculty Fellow of Taxation at the.....
- Officially launched the integration of SFMIS and CBS Core Banking System. The event was graced by H.E Prime Minister Hassan Ali Kheire. This integration will facilitate realtime data transfer, efficiency, transparency and minimize operational risk.
- 1/3 The Central Bank of Somalia has won the prestigious Award of Central Banking's Payment and Market Infrastructure Development for 2023. The Award was received on behalf of CBS by the Governor, Abdirahaman M. Abdullahi, in a ceremony organised by Central Banking in London.
- The Central Bank of Somalia has launched another progressive milestone in its quest to transform the financial sector of Somalia. As of 27th March 2023, the use of #IBAN across all transactions going through the NPS have been successfully adopted by all banks in Somalia.
























