SBA CEO highlights Somalia’s banking progress at World Bank Spring Meetings

Sector Update · April 28, 2026

SBA highlighted the progress, opportunities and priorities shaping Somalia’s evolving banking sector during international policy discussions.

A sector moving forward

The engagement presented Somalia’s growing financial infrastructure, stronger institutional cooperation and continued work to expand formal financial services.

Priorities for sustainable growth

SBA emphasized collaboration, capacity development, digital interoperability, sound governance and consumer trust as essential foundations for long-term progress.