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Reading: Governer of the Central Bank reports about Somalia’s banking system
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Somali National News Agency > Blog > Local News > Governer of the Central Bank reports about Somalia’s banking system
Local News

Governer of the Central Bank reports about Somalia’s banking system

By SONNA Director
Last updated: December 31, 2021
1 Min Read
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Mogadishu (SONNA)The Governer of the Central Bank of Somalia, Abdirahman Mohamed Abdullahi addressed the national media about the unified payment system in the country’s banks.

The governor said its important to notifity the somali people thst Somalia’s banking system has been working successfully

He added that the central bank is protecting public assets at 13 private bank in the country.

Mr. Abdullahi stated that its a national obligation for the centrel bank to ensure the services provided by private banks operating fairly and complying with the required rules of the general banking authorities.

The governer talked about the introduction of new Somali shillings, acknowledging that the preparations are underway for the process.

He also expressed optimism for next year’s economic growth,wishing success for the introduction of new currencies in the near future

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