For the fifth year in a row, CBS has achieved an unqualified audit opinion on its financial statements.

in line with its core mandate to establish and deliver financial services to all citizens, the Central Bank of Somalia (CBS) opened new branches in three federal members states.

The Central Bank of Somalia is delighted to welcome the decision by the Executive Board of the International Monetary Fund (IMF) and the World Bank (WB) on granting debt relief

The Central Bank of Somalia (CBS) is pleased to announce the official inauguration and operationalization of Ziraat Katilim Bank, Somalia branch on 29th October, 2023.

In June 2023, CBS officially launched Somalia’s Unified National Quick Response Code (SOMQR).

The Central Bank of Somalia (CBS) has won the 2023 Central Banking Award for Payment and Market Infrastructure Development, recognizing its progress in modernizing payment systems and strengthening financial stability.

CBS has launched another progressive milestone in its quest to transform the financial sector of Somalia.

The Central Bank of Somalia has received the Excellence in Banking Award for its vital role in rebuilding and stabilizing the country’s financial infrastructure.

Welcome to second edition of the Central Bank of Somalia’s bi-annual newsletter.

CBS Board of Directors held its ordinary meeting on the 2nd of July 2022. Amongst the topics discussed was licenses application from two international banks.