PUNTLAND BANKING & FINANCE CONFERENCE
- 8:00 am
- Martisoor , Garowe
The SBP hosted its first annual Puntland Banking & Finance Conference on June 16th to 17th 2025, in Garowe,
Since its establishment in 1998, State Bank of Puntland (SBP)has been the backbone of Puntland’s financial system. driving economic growth and financial stability across Puntland and Somalia
State Bank of Puntland hosted its first annual Puntland Banking & Finance Conference on June 16th to 17th 2025, in Garowe, Puntland State of Somalia
The State Bank of Puntland’s Economic Development Initiative is a bold and forward-thinking program committed to unlocking the Puntland’s economic potential through inclusive and sustainable growth.
The bank provides a wide range of services including.
The State Bank of Puntland (SBP) serves as the principal treasurer of the Puntland government, ensuring the diligent, transparent, and efficient management of public finances. SBP is responsible for the secure collection, custody, and disbursement of all government revenues, including taxes, fees
The State Bank of Puntland’s Economic Development Initiative is a bold and forward-thinking program committed to unlocking the Puntland’s economic potential through inclusive and sustainable growth By championing entrepreneurshipand focusing on the empowerment of women and youth, this initiative plays a pivotal role in the community.
The State Bank of Puntland (SBP) plays a pivotal role in regulating and supervising commercial banks and financial institutions across Puntland. In close collaboration with the Central Bank of Somalia (CBS), we uphold financial stability, enforce regulatory compliance and safeguard the integrity of the banking sector.
The State Bank of Puntland (SBP) is entrusted with the responsibility of establishing and enforcing a comprehensive regulatory framework that governs the operations of financial institutions across Puntland. This framework includes a wide array of regulations, guidelines, and directives designed to ensure the integrity and stability of the financial..
The State Bank of Puntland (SBP) recognizes that a secure, efficient, and modern National Payment System (NPS) is the backbone of Puntland’s financial infrastructure. A well-developed payment system enhances the speed, reliability, and security of financial transactions, driving economic growth and expanding financial inclusion.
The State Bank of Puntland (SBP) is committed to establishing a robust Credit Bureau to enhance transparency and support the responsible management of credit in Puntland. The Credit Bureau will provide a comprehensive system for collecting, analyzing and sharing credit information on individuals and businesses. …
The Puntland Financial Intelligence Unit (PFIU) is an independent government body committed to protecting the state’s financial system from threats such as money laundering, terrorism financing, and organized financial crimes. Operating under the oversight of the State Bank of Puntland, the PFIU is aligned with international Anti-Money Laundering (AML) and Counter-Financing of Terrorism (CFT) standards, ensuring compliance with global frameworks while advancing financial integrity in Puntland
SBP operates nine branches located strategically across Puntland, with its headquarters in Garowe, the capital city. These branches ensure broad access to banking services for the public, businesses, and government institutions, strengthening the region’s financial infrastructure.
The SBP hosted its first annual Puntland Banking & Finance Conference on June 16th to 17th 2025, in Garowe,