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CBS

The list of Money Remittance providers (Hawalas) andImage  Banks who are registeredImage  and licensed under theImage  authority of the CentralImage  Bank of Somalia.  1: Licensed Hawalas 2: Licensed Banks If you are not registered and don’t have a license yetImage  contact us as soon asImage  possible to discuss and toImage  register.

The Bank's Governance

Board of Directors:

The Bank's compliance with principles of good corporate governance is reflectedImage  through a properly constituted Board of Directors. The Board shall be charged withImage  the formulation and the supervision of the implementation of the policies, and theImage  supervision of the administration and the operations of the Bank. Established first in 1962 the Central Bank of Somalia ceased its activities after theImage  advent of the Civil war in Somalia in January 1991. The Bank was reopened to perform its institutional functions in first January 2007. The appointment after an exhaustive and transparent selection process of theImage  Governor, the Deputy Governor and five non-executive members of the Board ofImage  Directors, and endorsement by the Cabinet  Members of Board of Directors: The members of the Board Directors of the Central Bank of Somalia are: 1. Mr. Bashir Isse Ali - Governor and Chairman 2. Mrs. Maryan Abdullahi Yusuf - Deputy Governor and Deputy Chiarman 3. Mr. Abdulgaffar Sheikh Adan - Board member 4. Dr. Omar Ibrahim Hussein - Board member 5. Mr. Maye Mohamed Shekhuna - Board member 6. Mr. Hussein Mohamed Siyad - Board Member   7. Mrs. Hodan Said Isse - Board  Member                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     Image                                                                                                                                                                                                                                                                                                            
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Time in Somalia:
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CBS

Central Bank ofImage  Somalia is going toImage  upgrade for IT andImage  Network Technology for Banks. We willImage  use a Core BankingImage  systems very soon.
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Central Bank of Somalia
Providing the nation with safe, flexible and stable monetary & financial system
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