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Somali National News Agency > Blog > Local News > Central Bank of Somalia Issues 15 Licenses to Local And Foreign Banks
Local News

Central Bank of Somalia Issues 15 Licenses to Local And Foreign Banks

By Khadarow
Last updated: February 23, 2026
1 Min Read
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Mogadishu, (SONNA) β€” π“π‘πž π‚πžπ§π­π«πšπ₯ 𝐁𝐚𝐧𝐀 𝐨𝐟 π’π¨π¦πšπ₯𝐒𝐚 continues to strengthen the country’s financial framework through the licensing and supervision of institutions and companies that form the backbone of national financial services.

𝐓𝐨 𝐝𝐚𝐭𝐞, the Central Bank of Somalia has licensed πŸπŸ“ 𝐜𝐨𝐦𝐦𝐞𝐫𝐜𝐒𝐚π₯ π›πšπ§π€π¬ (14 local, 1 international), all of which have successfully completed the Bank’s licensing process.

A strong financial foundation is fundamental to achieving a sustainable financial and economic future. Accordingly, the Central Bank remains committed to building a financial system that is stable, inclusive, and resilient.

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