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Copy right  2015 Central Bank of Somalia, All Rights Reserved. Central Bank of Somalia
“Central Bank of Somalia provides the nation with safe,       flexible and stable monetary & financial system.”

       Central Bank of Somalia (CBS)

Welcome to CBS

Welcome   to   the   website   of   Central   Bank   of   Somalia.   You   will   find   here   information,   data and   analysis   on   the   functions,   organization   and   activities   of   the   Central   Bank,   as   well   as information    relating    to    banks    and    other    financial    institutions    that    fall    under    the supervision of the Central Bank of Somalia. The    main    responsibility    of    the    Central    Bank    is    formulation    and    implementation    of monetary   policies,   banking   and   credit,   to   ensure   the   growth   of   the   national   economy   of Somalia in a balanced manner. CBS    is    primarily    responsible    for    providing    payments    and    banking    services    to    the government   and   other   stakeholders.   This   includes   providing   banking   services   to   the government,   financial   institutions,   and   other   approved   account   holders.   In   addition,   CBS is   responsible   for   eventually   managing   the   design,   procurement,   storage   and   issue   of notes   and   coins,   and   ensuring   that   currency   in   circulation   is   of   high   quality   and   public confidence in currency is maintained The   Central   Bank   is   also   working   to   maintain   a   fixed   exchange   rate   of   the   Somali   Shillings against   the   U.S.   dollar   and   to   ensure   the   free   convertibility   of   the   national   currency   into foreign   currencies,   in   addition   to   its   role   as   "Bank   of   Banks"   and   the   Government's   bank and its financial adviser. Through   the   site,   you   will   find   laws   and   regulations   governing   the   work   of   banks   and other   financial   institutions   and   regular   follow-up   of   statistical   banking   and   monetary   data. Also, you will find Central Bank's reports and press releases collected in the Media Center.
CONTACT INFORMATION P.O Box 11, 55 Corso Somalia Mogadishu, Somalia Tel/Fax: +2521241152, Tel: +2521866131 Tel: +2521866151 Email: it@centralbank.gov.so
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      About CBS
Copy right  2015 Central Bank of Somalia, All Rights Reserved.
Central Bank of Somalia Central Bank of Somalia provides the nation with safe, flexible and stable monetary & financial system.”

       Central Bank of

Somalia (CBS)

Welcome to CBS

Welcome   to   the   website   of   Central   Bank   of   Somalia.   You   will   find   here information,   data   and   analysis   on   the   functions,   organization   and activities   of   the   Central   Bank,   as   well   as   information   relating   to   banks and   other   financial   institutions   that   fall   under   the   supervision   of   the Central Bank of Somalia. The    main    responsibility    of    the    Central    Bank    is    formulation    and implementation   of   monetary   policies,   banking   and   credit,   to   ensure the growth of the national economy of Somalia in a balanced manner. CBS   is   primarily   responsible   for   providing   payments   and   banking services   to   the   government   and   other   stakeholders.   This   includes providing   banking   services   to   the   government,   financial   institutions, and   other   approved   account   holders.   In   addition,   CBS   is   responsible for   eventually   managing   the   design,   procurement,   storage   and   issue of   notes   and   coins,   and   ensuring   that   currency   in   circulation   is   of high quality and public confidence in currency is maintained The   Central   Bank   is   also   working   to   maintain   a   fixed   exchange   rate   of the   Somali   Shillings   against   the   U.S.   dollar   and   to   ensure   the   free convertibility    of    the    national    currency    into    foreign    currencies,    in addition   to   its   role   as   "Bank   of   Banks"   and   the   Government's   bank and its financial adviser. Through   the   site,   you   will   find   laws   and   regulations   governing   the work   of   banks   and   other   financial   institutions   and   regular   follow-up   of statistical   banking   and   monetary   data.   Also,   you   will   find   Central Bank's reports and press releases collected in the Media Center.