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Salaam Somali Bank, often abbreviated to SSB, is a Somali commercial bank. It is headquartered in Mogadishu, Somalia. SSB is one of the largest privately owned banks in the country. [1] It was founded in 2009 and was the first Somalia bank to introduce new banking services to the country, such as SWIFT.
Mogadishu: 1943 State radio S A Salaam Bank: Financials Banks Bosaso: 2011 Commercial bank P A Salaam Somali Bank: Financials Banks Mogadishu: 2009 Commercial bank P A Shabelle Media Network: Consumer services Publishing Mogadishu: 2002 News organization P A Somafone: Telecommunications Fixed line telecommunications Mogadishu: 2003 ...
Salaam Bank's personal banking services include current accounts and savings accounts. The current accounts permit clients to pay for utilities through online, mobile, and direct debit orders, receive and wire international transfers, make payments via checks, use the Salaam Debit Card for purchases/withdrawals at ATM and POS locations, and access their accounts online and through mobile devices.
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At some point the Central Bank of Somalia too ceased functioning. In 2009, the Transitional Federal Government re-opened the Central Bank of Somalia in Mogadishu as part of its campaign to restore national institutions. [8] The Bank had an additional branch in Baidoa that was already operational with personnel in place. [9]
The company is the first international bank in the country in over twenty years. [5] The bank adheres to global compliance, auditing and risk-management standards. It also plans to retain the auditor services of the US-based accountancy firm Deloitte. [4] Additionally, the IBS Bank in March 2015 launched a $10 million public share offering.
Salaam Bank Uganda, formerly Top Finance Bank Limited (TFBL), is a commercial bank in Uganda. The institution received an Islamic commercial banking license, on 8 September 2023. The license was personally handed over by the Acting Governor of the Bank of Uganda , Dr Michael Ating-Ego.