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Picture of Central Bank of Somalia Launches Quick Response Code Standard (SOMQR), a Move to Further Transform the Digital Payments Landscape

Central Bank of Somalia Launches Quick Response Code Standard (SOMQR), a Move to Further Transform the Digital Payments Landscape

The Central Bank of Somalia (CBS) has taken a significant step towards further transformation of digital payments with the announcement of a Unified National Quick Response Code for the country.

Picture of CBS WINS INTERNATIONAL AWARD!

CBS WINS INTERNATIONAL AWARD!

The Central Bank of Somalia is Delighted to Win Central Banking’s 10th Annual Award on Payments and Market Infrastructure Development 2013.

The Central Bank of Somalia (CBS) receives with honour Central Banking’s Payments and Market Infrastructure Development Award 2023. It is a huge recognition of the hard work that CBS staff and management have put in to restructure the institution and spearhead the reform of Somalia’s finance sector.

Picture of Somtel Licensing Ceremony

Somtel Licensing Ceremony

CBS awarded on the 12th of July 2021 its second license to Somtel Ltd, the second largest mobile money operator in Somalia. The well-attended ceremony hosted a number of keynote speakers including the governor of CBS, Abdirahman M. Abdullahi and the Managing Director of Dahabshiil Group for South and Central Somalia Hassan Awad.

Picture of Second Seminar Series

Second Seminar Series

CBS Communication Unit held its second seminar series on 27th of November 2021 to continue the facilitation of strengthened internal communication within CBS and closer dialogue between CBS senior management and the staff at large.

Picture of CBS Events

CBS Events

CBS Communication Unit held its first seminar as part of a seminar series aimed at bringing CBS staff and senior management in closer dialogue.

Picture of NPS Event

NPS Event

The Central Bank of Somalia has established a transformative national payment system for the first time in Somalia’s history. The system connects all of the banks in the country and enables them to transact with each other.

Picture of CBS Events

CBS Events

The series will also provide space for constructive conversations between the staff and senior management that will establish an inclusive working environment.

CBS Events
Picture of Somtel Licensing Ceremony

Somtel Licensing Ceremony

CBS awarded on the 12th of July 2021 its second license to Somtel Ltd, the second largest mobile money operator in Somalia. The well-attended ceremony hosted a number of keynote speakers including the governor of CBS, Abdirahman M. Abdullahi and the Managing Director of Dahabshiil Group for South and Central Somalia Hassan Awad.

Picture of Second Seminar Series

Second Seminar Series

CBS Communication Unit held its second seminar series on 27th of November 2021 to continue the facilitation of strengthened internal communication within CBS and closer dialogue between CBS senior management and the staff at large.

Picture of CBS Events

CBS Events

CBS Communication Unit held its first seminar as part of a seminar series aimed at bringing CBS staff and senior management in closer dialogue.

Picture of NPS Event

NPS Event

The Central Bank of Somalia has established a transformative national payment system for the first time in Somalia’s history. The system connects all of the banks in the country and enables them to transact with each other.

Picture of CBS Events

CBS Events

The series will also provide space for constructive conversations between the staff and senior management that will establish an inclusive working environment.