First Somali Bank
From Infogalactic: the planetary knowledge core
Private company | |
Industry | Banking, finance, money transfer |
Founded | 2012 |
Headquarters | Mogadishu, Somalia |
Key people
|
Liban Abdi Egal |
Products | Loans, debit cards |
Website | www |
The First Somali Bank (FSB) is a bank headquartered in Mogadishu, Somalia.
Contents
Overview
FSB was established in May 2012 by Liban Abdi Egal.[1] It represents the first commercial bank to open in southern Somalia since 1991.[2]
An Islamic financial institution, the bank offers personal banking, commercial banking, agency banking, mobile banking and internet banking. It also provides money transfer services to clients.[3]
In mid-2012, the First Somali Bank organized its first ever Technology, Entertainment, Design (TEDx) conference. The event was launched to showcase improvements in local business, development and security to potential Somali and international investors.[2]