First_Somali_Bank

First Somali Bank

First Somali Bank

Somali bank


The First Somali Bank (FSB) is a bank headquartered in Mogadishu, Somalia.

Quick Facts Company type, Industry ...

Overview

FSB was established in May 2012 by Liban Abdi Egal.[1] It is the first commercial bank to open in southern Somalia since 1991.[2]

An Islamic financial institution, the bank offers personal banking, commercial banking, agency banking, mobile banking and internet banking. It also provides money transfer services to clients.[3]

In mid-2012, the First Somali Bank organized its first ever Technology, Entertainment, Design (TEDx) conference. The event was launched to showcase improvements in local business, development and security to potential Somali and international investors.[2]

Albert Falck was the first CEO of the bank from January 2012 to end of June 2012. He managed the product portfolio creation and launch of the bank.

See also


Notes

  1. Mulupi, Dinfin (20 June 2012). "Meet the Boss: Liban Abdi Egal, chairman, First Somali Bank". How We Made It In Africa. Retrieved 30 January 2014.
  2. "War-torn Somalia stages TEDx conference". Phys.org. 17 May 2012. Retrieved 24 January 2014.
  3. "First Somali Bank". First Somali Bank. Retrieved 30 January 2014.

Share this article:

This article uses material from the Wikipedia article First_Somali_Bank, and is written by contributors. Text is available under a CC BY-SA 4.0 International License; additional terms may apply. Images, videos and audio are available under their respective licenses.