Banks |
Year Founded |
Services and Products |
International Partners |
Heterogeneity of the executive’s Social Network |
Dahabshiil International Bank |
1970 |
fund transfer, retail banking, corporate banking, online banking, mobile banking |
China Agricultural Bank, Bank of China, Actif Bank, Kenya National Bank, Alnor Bank |
Locally well connected |
Amal Bank |
1998 |
retail banking, corporate banking, institutional banking, diaspora banking, microfinance banking, online banking |
Established international partnership but not willing to reveal the names |
Locally well connected |
International Bank of Somalia |
2013 |
retail and corporate banking, trade finance, investment finance, mortgages, swift transfer, international debit cards, online banking, ATM services |
Union of Arab banks, Deloitte, Visa Card, MasterCard as principle level |
Internationally and Locally well connected |
Premier Bank |
2013 |
retail and corporate banking, mobile banking, internet banking, ATM services, swift transfers, international debit cards |
Connected with Mastercard through their switch, visa card |
Internationally and Locally well connected |