bidenkulaha
GalYare
Somalia lender to acquire a majority stake in First Community Bank
CAK approved a proposed acquisition of a 62.5 percent stake in First Community Bank by Somalia’s Premier Bank.
nation.africa
Premier Bank is based in Xamar and operates across Somalia, including Hargeysa, and is in partnership with MasterCard and SWIFT. Began its life in HSM’s first term and was given its license in 2015.
FCB is one of 43 licensed banks in Kenya, ranking around 17-21 in size