Bank of Somaliland


The Bank of Somaliland is a central bank in Somaliland, a self-declared republic that is internationally recognized as an autonomous region of Somalia. Established in 1994, it serves as both a monetary authority and a commercial bank for the territory. The central bank was provided for in the constitution of Somaliland. It has a head office in Hargeisa, in addition to seven other branches, and four foreign exchange offices in the airports at Hargeisa, Berbera, Borama and Gabiley.

Objectives

In line with Article 3 of the Constitutive Law of Somaliland Bank, the bank aims to: