Founded in 2017 by Somali professionals, SomBank operates with a commercial banking license from the Central Bank of Somalia. We're dedicated to ethical banking based on Sharia principles, aiming to empower individuals and businesses with tailored financial solutions. Our services include personal and business banking, specialized services for women and youth, Diaspora banking, and digital solutions like mobile and internet banking. We also offer financing options for various needs, from personal to corporate.
With branches in major cities across Somalia, including Mogadishu and Bossaso, we prioritize accessibility. SomBank provides payment services such as cheque issuance, standing orders, and international transfers via SWIFT. Customers benefit from debit cards, T-Plus Mobile wallet, and merchant payments. We partner with Tawakal Money Transfer for top-tier remittance services, facilitating global connections.
Through collaborations with T-Hub Innovation Center and local universities, we offer internships and financial literacy training for future entrepreneurs. Moreover, in partnership with the World Bank and KfW through Gargaara Company Ltd, we strategically invest in key sectors like women-owned enterprises, agriculture, healthcare, and renewable energy, contributing to Somalia's national development.
Empowering individuals and businesses through personalized financial solutions, fostering lasting relationships built on trust and innovation.
To be the preferred relationship Bank in the horn of Africa
