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Tag archive for ‘Bank’
Kenyan Shilling falls against the Dollar
By Sahra Farah On Monday, June 11th, 2012

Kenya Shilling Weakens for a Second Day as Dollar Demand Rises

NAIROBI — Kenya’s shilling weakened for a second day as businesses bought dollars in anticipation of a further depreciation in the currency of East Africa’s biggest economy. The shilling declined 0.7 percent More...

ICSFS signs agreement with JKFL
By Hassan Ali On Saturday, May 21st, 2011

Jordanian Kuwaiti Financial Leasing chooses ICS BANKS Finance Lease System

Contact: Rania Mansour Communications and Marketing Department Regional Office Tel: +962 6 534 4088, ext. 404 London Office More...

By Hassan Ali On Tuesday, April 26th, 2011

Somaliland to replace all Somali Shilling

HARGEISA — Somaliland’s central bank will begin exchanging 7 billion Somali shillings ($4.37 million) of notes for its own currency next month as part of a plan to stop using the Somali currency in the autonomous More...

French Diplomats
By Hassan Ali On Thursday, March 31st, 2011

Somaliland Central Bank ready to issue banking licenses

HARGEISA — The central bank of Somaliland, a breakaway republic in northern Somalia, expects lawmakers to enact a draft banking law by June, enabling commercial lenders to extend credit to borrowers for the More...

By Qalinle Hussein On Monday, June 21st, 2010

Millions of Dollars Missing in Somaliland’s Annual Budget

HARGEISA (Somalilandpress) — Accusations of corruption and misuse of power has always been on the increase since President Rayale took the oath of office in 2002. The increasing allegations have made the populace More...

By Qalinle Hussein On Sunday, November 1st, 2009
1 Comment

Money Transfer Business in The Horn of Africa, Has Launched An “ecash” Service

Hargeisa, 1 November 2009 (Somalilandpress) — Dahabshiil, the largest international money transfer business in the Horn of Africa, has launched an “eCash” service that will enable Somalis to pay More...

By Qalinle Hussein On Saturday, June 27th, 2009
1 Comment

Somaliland Central Bank Opens First Branch In Sool

Las Anod, June 27 2009 (Somalilandpress) — The Central Bank of Somaliland (CBS) opened it’s first branch in Las Anod, the regional capital of Sool on Friday. The branch will introduce Somaliland currency More...

By Hassan Ali On Tuesday, June 16th, 2009

Regulation and Social Responsibility: A Must If Somaliland Is To Have A Stable Economy

Hargeisa, 16 May 2009 (Somalilandpress) – The arrival of BCIMR commercial bank in Somaliland is a great indicator of how fast the region is progressing economically, socially and politically as a bank that More...