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Banking Operations

Banking Operations

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. Through rigorous oversight, including financial assessments, risk management evaluations, and operational audits, SBP and CBS ensure a resilient, transparent, and well-regulated financial ecosystem that supports sustainable economic growth.