Tag: commercial banks
Somali finance minister warns of falling income, urges private sector growth
JUL 29, 2026
Mogadishu (HOL) — Somali Finance Minister Bihi Imaan Egeh has warned that Somalia is facing economic pressure linked to declining income flows and c...
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Somalia to expand instant payment system linking banks and mobile money platform
JUL 27, 2026
Mogadishu (HOL) — The Central Bank of Somalia has announced plans to expand the Somalia Instant Payment System (SIPS) to connect commercial banks, m...
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