Central Bank of Somalia | Maal Magazine

Central Bank of Somalia Launches National Payments QR Code Standard

The Central Bank of Somalia has launched a Quick Response Code standard to provide secure payment services as it moves towards a economic recovery. By…

BUSINESS, FINANCE

Somalia Oo Baanka Aduunka Ka Heshay 100 Milyan

Bankiga Adduunka ayaa Khamiistii ku dhawaaqay in 100 milyan oo dollar uu siin doono Soomaaliya 12-ka bilood ee soo socda si wax looga qabto arrimaha…

FINANCE

Five New Banks to Operate in Somalia

The Central Bank of Somalia has given the nod to five new banks to commence operations in Somalia. In its twitter handle, the CBS said…

TECHNOLOGY

Central Bank of Somalia embarks on IT modernisation

IT overhaul at Somalia’s central bank with Sofgen, Temenos and Oracle FSS Central Bank of Somalia is embarking on a major tech overhaul, with sponsorship…

FINANCE

Somalia Intends to Print Its Own Currency by Early Next Year

New Currency for Somalia By Early 2017 May 28, 2016 — 4:19 PM MGQ Somalia intends to print new official bank notes that will circulate…