IBS Bank, has officially launched its operations in Hargeisa, the capital city of Somaliland. The grand opening ceremony was attended by the Vice President of Somaliland, government ministers, members of parliament, and prominent business leaders, all of whom congratulated IBS Bank for introducing modern banking services to the region.
This expansion marks a significant milestone in IBS Bank’s mission to bring inclusive and innovative financial solutions to all parts of Somalia and Somaliland. The bank’s arrival in Hargeisa introduces a suite of advanced banking services, including international card solutions and investment opportunities.
Modern Banking Services Now Available in Somaliland
Among the most notable services introduced by IBS Bank are:
– VISA & Mastercard Services: IBS Bank is the only financial institution in Somaliland offering VISA cards, enabling customers to withdraw money globally and shop online with ease and security.
– Investment Services: Tailored financial products to support individual and business growth.
– Real Estate Services: Facilitating property investment and development.
– Development Services: Focused on empowering communities and supporting national progress.
These services are designed to meet the evolving needs of Somaliland’s citizens and contribute to the region’s economic development.
A Vision for Growth and Inclusion
IBS Bank’s leadership emphasized their commitment to financial inclusion, innovation, and community development. The launch in Hargeisa is part of a broader strategy to expand access to modern banking across east Africa region, bridging gaps in financial infrastructure and empowering individuals and businesses.
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