bank

Salaam Somali Bank Provides Micro Credit to Small Businesses in Mogadishu MOGADISHU, Somalia - The Salaam Somali Bank, which is a leading private bank in Somalia, continues to contribute to the country's economic growth by providing free microfinance funds to develop small businesses. On Thursday August 19, 2021, the Bank's branch in the Bakaro market provided microfinance funds called “Qardu…

World Bank approves USD 100 million for health services in Somalia MOGADISHU, Somalia -- The World Bank announced Thursday that it has approved a total of US $ 100 million to help improve health services in Somalia. The project, the World Bank's 30-year investment in Somalia's health sector, which aims to improve health services is funded by a $ 75 million grant from International Development…

Salaam Somali Bank offers free microfinance to small businesses MOGADISHU, Somalia - The Salaam Somali Bank (SSB) provided free microfinance to small businesses in the country's capital as part of the annual Grand Pleasure program designed to boost culture and rival economy. On Monday July 5, the Bank's branch at Km-5 in Mogadishu offered free microfinance to resident traders, including women,…

Salaam Somali Bank offers free microfinance to small businesses in Mogadishu The Salaam Somali Bank on Saturday provided free microfinance to traders running small businesses in Mogadishu, an initiative to boost the economy. The show called "Qardul Hassan" brought smiles to small traders who have benefited from the non-profit investment that will help them grow and expand their business. A…

Salaam Somali Financial institution affords free microfinance for small companies Salaam Somali Financial institution on Saturday supplied free microfinance to merchants working small companies in Mogadishu, a transfer geared toward boosting the financial system. This system known as Qardul Hassan put a smile on the face of almost 100 retailers who've benefited from the non-profit…

Two days after the announcement of the suspension of the fuel mission for the French group Complete in northeastern Mozambique, the World Financial institution is releasing funds. It grants $ 100 million for an emergency restoration mission on this area of the nation the place an Islamist rebellion has displaced a whole bunch of hundreds of individuals. The emergency shelter in northern Mozambique is an element of a $ 700 million three-year mission. Whereas calling on its regional companions from the Southern African…

The World Bank wants to hire financial markets to save the black rhinos in South Africa. With "nature bonds", the organization plans to issue bonds with the simple principle: investors only make money if the black rhino in South Africa increases. What happens if investors play a role in rescuing black rhinos? The idea came…

Salaam Somali Bank's branch in Beledweyne, Hiran region on Tuesday provided free microfinance to small business owners as part of the second phase of the 2021 offer. Qardu Hassan aims to develop and encourage small businesses throughout Somalia, according to the bank's management, which is credited with being the first in the country to found in 2009. The new traders who were given the opportunity said they are grateful to Salaam Somali Bank for its timely support which has helped them expand their business in the face…

Salaam Somali Bank offers free microfinance to small businesses in Guri'el Salaam Somali Bank's branch in Guri'el in the central region of Galgadud on Monday provided entrepreneurs with free microfinance as part of the second phase of the investment program called "Qardu Hassan". The free microfinance fund is aimed at developing and encouraging small businesses throughout Somalia,…

Salaam Somali Bank has provided free microfinance to small businesses in the country's central city of Abudwak in the Galgadud region as part of the second phase Qardu Hassan, which aims to boost the economy. On Sunday, the bank's branch in the city offered free microfinance to small Somali traders, including women, with the aim of helping to expand their business amid the devastating Covid-19 pandemic. On the occasion, the recipients of Salaam Somali Bank's free microfinance said they were grateful to the bank for the…