President Deni opens Puntland State Bank with a modern Financial Management System

Why are these people lying Salaam bank is owned by Hormuud Telecom and is managed in Mogadishu.

Golis is partially owned by Hormuud and partially owned by Puntite businessmen, same would go for any bank that Hormuud operates in Puntland.

You should worry about what assets your Kacaanist people own that you haven't stolen or begged from the Somali people.
 

TekNiKo

β€œI am an empathic and emotionally-aware person.
VIP
Golis is partially owned by Hormuud and partially owned by Puntite businessmen, same would go for any bank that Hormuud operates in Puntland.

You should worry about what assets your Kacaanist people own that you haven't stolen or begged from the Somali people.
How you telling me I literally have been to their headquarters its not owned by Golis.
 
How you telling me I literally have been to their headquarters its not owned by Golis.


LOL.. so if someone visits a HQ of a company, it means that they know about the inner workings of a company. The HQ is in Bosaso.. they let you in the building? :pachah1:

Salaam Bank in Puntland is in partnership with Golis, which is owned by Puntite shareholders and Hormuud.

Salaam Bank was established in February 2011.[1]

As a financial institution, the bank provides personal banking and corporate banking. Its Islamic banking services and facilities include Mudarabah, Murabaha, Musharakah and Istisna'a. Additionally, the bank offers electronic banking, SMS banking, mobile banking and internet debit.

In August 2011, the bank also launched an independent (Kaaftoon) service partnering the institution with Golis Telecom Somalia.[3]
 
IBS is owned by uae banks, (have large shares). I'm not sure it been long time i read about it. thats my guess.


Thank you.
I used to think that the best thing about Somalia's instability, was that foreigners were afraid to come in and invest. We don't want to become those African countries whose economy is mostly owned by foreigners.
 
Salaam Bank's HeadQuarters are in Djibouti and their HQ in Somalia, is in Bosaso.



Bangiga Salaam ee islaamiga oo saldhigiisu yahay Djibouti ayaa laantiisii ugu horaysay ee Soomaliya uu ka furay Magaalada Bosaaso. Bangiga Salaam bank ayaa waxuu u qaban doonaa dadka adeegyo kala duwan oo la filayo inay wax badan ku soo kordhiyaan ganacsiga gobolka. Bangiga oo ay leeyihiin ganacsato Soomaaliyeed iyo kuwo reer Djibouti waxaa laga furay Djibouti sanadkii 2009kii. Maareeyaha guud ee Bankiga Salaam ee Boosaaso Maxamed Jaamac Xaashi ayaa weriyaha BBCda Axmed M.Cali uga warramay adeegyada uu qabanayo bangiga Salaam.
 
How you telling me I literally have been to their headquarters its not owned by Golis.
they have different names the one in the south is called is called Salaam Somali bank, and the one in Puntland is called Salaam bank, and the headquarter is in Djibouti and its called Salaam African Bank, and all three have different websites.
 

TekNiKo

β€œI am an empathic and emotionally-aware person.
VIP
they have different names the one in the south is called is called Salaam Somali bank, and the one in Puntland is called Salaam bank, and the headquarter is in Djibouti and its called Salaam African Bank, and all three have different websites.
Ok thanks I didnt know this they literally use the same logo so thats why I confused the two, Salaam bank in Xamar is a subaffiliate of Hormuud which has many branches like Taaj and Dhoweeye
 

Abdalla

Medical specialist in diagnosing Majeerteentitis
Prof.Dr.Eng.
VIP
I don’t care about taxation, that’s not the task of a central bank. That’s the job of the tax office. The Central Bank most urgent task is to regulate the valuta and the banking system. They can’t regulate the currency if Puntland doesn’t have it’s own currency…The PL leadership should show firm political courage and implement their own currency. Sharing a currency with a failed state is very detrimental to your finances as we’ve seen with the hyperinflation of last year.
 

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