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Tag archive for ‘Central Bank’
By goth Mohamed On Monday, April 23rd, 2012

Somaliland passes central banking law, eyes foreign banks

HARGEISA — Somaliland has passed a law that formally establishes a central bank, and is now poised to pass another to set up commercial banks in a bid to attract foreign lenders to start operating in the self-declared More...

By Qalinle Hussein On Saturday, February 4th, 2012

Somaliland to pass central bank law within 3 weeks: cbank

HARGEISA — Somaliland’s central bank governor said on Thursday parliament is expected to pass a law within three weeks that will formerly establish a central bank, paving the way for foreign commercial More...

President Ismail Omar Guelleh inaugurated the first regional branch of Djibouti's Central Bank in Tadjourah
By Qalinle Hussein On Sunday, January 8th, 2012

Iraq’s Warka Bank enters Djibouti Market

TADJOURAH — President Ismail Omar Guelleh recently¬† inaugurated the first subsidiary of Iraq-based Warka Bank for Investment and Finance (BWAI) in Djibouti¬† to offer full range of banking services. The ceremony More...

Somali shilling being burnt in Somaliland
By Qalinle Hussein On Saturday, May 28th, 2011

Somaliland burns Somali Shillings after currency switch

BURAO — After switching eastern parts of the country to the Somaliland shilling on Tuesday, the yet unrecognized state collected and burnt more than 3 billion Somali Shillings on Friday in a symbolic ceremony More...