Welcome to SLBA

The Somaliland Banking Association was established and acts as a forum for the banking sector, with 4 current members. SLBA is here to create a reputable and professional banking sector to best support Somalis, who entrust their ambitions and hard-earned resources with its member banks.

Roles of SLBA

INDUSTRY EFFECIENCY

To improve consumer awareness and knowledge of banking products and services.

ROLES

CONSUMER INFORMATION

To improve consumer awareness and knowledge of banking products and services.

RESEARCH

To conduct research on the banking industry in Somaliland to enable avail intuitive and reliable information for prospecting investors and for better regulation of policies.

INDUSTRY REGULATION

To promote orderliness and ethical banking practices among member banks.

ROLES

ECONOMIC GROWTH

To formulate and review banking rules, operations and policies to assist the banking industry in becoming more resilient, competitive and effective in meeting the needs of the changing economy.

CAPACITY BUILDING

To collaborate with government ministries, private sector groups and relevant organizations on member bank’s contributions to socio-economic planning and development of the country.

BANKING IN SOMALILAND

Statistics on the growth of the banking sector in Somaliland

$100,000

Amount of loans given by Dahabshil bank to businesses with consistent activity

70%

The percentage of $500M of loans that was in goods by 2012 issued by banks.

$407

The average earnings of households per month originating from various sources.

84%

Majority of population that didn’t have bank account by 2012

Latest News & Articles

PRESS RELEASES

The SLBA press releases section brings you all banking sector related news as captured from various media.
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SPEECHES

Do not miss out on major speeches by leaders and financial officials during major events, seminars & conferences.
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MEDIA ROOM

Get the latest news on banks, SMEs and other financial institutions straight from SLBA news round-ups.
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Members

Connect with SLBA

Want to get more information or have inquiries?

eSLBA connect provides an avenue for consumers to clarify any doubts and verify information on conventional banking issues.

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