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Salaam Somali Bank was established in October 2009. [2] It was the first bank to operate in Somalia since 1991, and was founded to provide trusted banking services to Somali businesses and communities, as well as reconstruct the country's banking system to facilitate economic development and growth.
In partnership with Salaam Somali Bank, Mastercard, Telesom, Golis and Paymentology, Hormuud Telecom introduced contactless payments in Somalia. Together, they launched a co-branded, tokenised, tap-to-pay digital companion card along with a physical card for Waafi mobile app users. The digital card is said to be a first for the Horn of Africa. [16]
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.
Salaam Somali Bank; SomBank Ltd; See also. Somalia portal; Dara-Salaam Bank and Dahabshil Bank International, both in Somaliland; List of banks in Africa;
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 EFTPOS locations, and access their accounts online and through mobile ...
2 Banking services and debit card provided by The Bancorp Bank N.A. or Stride Bank, N.A., Members FDIC, pursuant to a license from Visa U.S.A. Inc. and may be used everywhere Visa debit cards are ...
The IBS Bank was founded by Somali entrepreneurs, who are primarily based in Dubai. Mahat Mohammed Ahmed serves as the bank's Chief Executive Officer. [6] IBS Bank is in partnership with MasterCard, [7] Visa, [8] USAID GEEL program [9] and ILO. [10] In July 2019, IBS bank launched its partnership with World Elite MasterCard debt cards. [11]
Salaam Somali Bank This page was last edited on 18 January 2020, at 21:13 (UTC). Text is available under the Creative Commons Attribution-ShareAlike ...