Bank of Somaliland

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Somaliland

This article is part of the series: Culture of Somaliland

Islam in Somaliland Somali language History of Somaliland Cuisine of Somaliland Bank of Somaliland Currency of Somaliland Oral poetry of Somaliland Public holidays

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The Bank of Somaliland (Baanka Somaliland) was established in 1994. It acts as both a central bank and a commercial bank. The monetary authority was provided for in the National Constitution of the Republic of Somaliland.

The bank aims, in line with Article 3 of the Constitutive Law of Somaliland Bank to:

• maintain price and exchange rate stability
• promote credit and trade condition which support balanced economic growth
• support the economic and financial policies of the government where possible

[edit] See also

• Central banks and currencies of Africa
• Economy of Somalia
• List of central banks
• Somaliland shilling

[edit] External links

• Official site: Bank of Somaliland

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