First Somali Bank
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First Somali Bank
The First Somali Bank (FSB) is a bank headquartered in Mogadishu, Somalia. Overview FSB was established in May 2012 by Liban Abdi Egal. It is the first commercial bank to open in southern Somalia since 1991. An Islamic financial institution, the bank offers personal banking, commercial banking, agency banking, mobile banking and internet banking. It also provides money transfer services to clients. In mid-2012, the First Somali Bank organized its first ever Technology, Entertainment, Design (TEDx) conference. The event was launched to showcase improvements in local business, development and security to potential Somali and international investors. Albert Falck was the first CEO of the bank from January 2012 to end of June 2012. He managed the product portfolio creation and launch of the bank. See also *Central Bank of Somalia The Central Bank of Somalia (CBS) ( so, Bankiga Dhexe ee Soomaaliya, ar, البنك المركزي الصومالي) is the monetary authority of ...
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Mogadishu
Mogadishu (, also ; so, Muqdisho or ; ar, مقديشو ; it, Mogadiscio ), locally known as Xamar or Hamar, is the capital and List of cities in Somalia by population, most populous city of Somalia. The city has served as an important port connecting traders across the Indian Ocean for millennia, and has an estimated population of 2,388,000 (2021). Mogadishu is located in the coastal Banadir region on the Indian Ocean, which unlike other Somali regions, is considered a municipality rather than a (federal state). Mogadishu has a long history, which ranges from the Ancient history, ancient period up until the present, serving as the capital of the Sultanate of Mogadishu in the 9th-13th century, which for many centuries controlled the Indian Ocean gold trade, and eventually came under the Ajuran Empire in the 13th century which was an important player in the medieval Silk Road maritime trade. Mogadishu enjoyed the height of its prosperity during the 14th and 15th centuries a ...
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Liban Abdi Egal
Liban Abdi Egal ( so, Liibaan Cabdi Egaal, ar, ليبان عبدي إيغال) is a Somali entrepreneur. He is the founder and chairman of First Somali Bank The First Somali Bank (FSB) is a bank headquartered in Mogadishu, Somalia. Overview FSB was established in May 2012 by Liban Abdi Egal. It is the first commercial bank to open in southern Somalia since 1991. An Islamic financial institution, th ... (FSB), established in 2012. References Living people Ethnic Somali people Somalian businesspeople Somalian Muslims Year of birth missing (living people) {{Somalia-bio-stub ...
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Somalia
Somalia, , Osmanya script: 𐒈𐒝𐒑𐒛𐒐𐒘𐒕𐒖; ar, الصومال, aṣ-Ṣūmāl officially the Federal Republic of SomaliaThe ''Federal Republic of Somalia'' is the country's name per Article 1 of thProvisional Constitution, (; ), is a country in the Horn of Africa. The country is bordered by Ethiopia to the west, Djibouti to the northwest, the Gulf of Aden to the north, the Indian Ocean to the east, and Kenya to the southwest. Somalia has the longest coastline on Africa's mainland. Its terrain consists mainly of plateaus, plains, and highlands. Hot conditions prevail year-round, with periodic monsoon winds and irregular rainfall. Somalia has an estimated population of around million, of which over 2 million live in the capital and largest city Mogadishu, and has been described as Africa's most culturally homogeneous country. Around 85% of its residents are ethnic Somalis, who have historically inhabited the country's north. Ethnic minorities are ...
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TED (conference)
TED Conferences, LLC (Technology, Entertainment, Design) is an American-Canadian non-profit media organization that posts international talks online for free distribution under the slogan "ideas worth spreading". TED was founded by Richard Saul Wurman and Harry Marks in February 1984 as a tech conference, in which gave a demo of the compact disc that was invented in October 1982. It has been held annually since 1990. TED covers almost all topics – from science to business to global issues – in more than 100 languages. To date, more than 13,000 TEDx events have been held in at least 150 countries. TED's early emphasis was on technology and design, consistent with its Silicon Valley origins. It has since broadened its perspective to include talks on many scientific, cultural, political, humanitarian, and academic topics. It has been curated by Chris Anderson, a British-American businessman, through the non-profit TED Foundation since July 2019 (originally by the non ...
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Central Bank Of Somalia
The Central Bank of Somalia (CBS) ( so, Bankiga Dhexe ee Soomaaliya, ar, البنك المركزي الصومالي) is the monetary authority of Somalia. Somalia has struggled to reestablish a functioning state since the collapse of an authoritarian regime in 1991. Somalia has been cited as a real-world example of an anarchist stateless society and a country with no formal legal system. The Transitional Federal Government, formed in 2004, was recognized as the central government of Somalia. Among other duties, it is in charge of ensuring financial stability, maintaining the internal and external value of the local currency, and promoting credit and exchange conditions that facilitate the balanced growth of the national economy. Within the scope of its powers, it also contributes to the financial and economic policies of the State.
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