FIRST TWO FOREIGN BANKS LICENCED IN SOMALIA SINCE 1970
Faith Nyasuguta In a historic move, the Central Bank of Somalia (CBS) has licenced the first two foreign lenders since 1970. Central Bank Governor Abdirahman Mohamed Abdullahi noted that Egypt’s Banque Misr and Turkey’s Ziraat Katli can now operate in the nation after the board gave a nod to their applications. “CBS Board concluded that […]
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