Somaliland: French Bank launches officially its operations in Hargeisa

[Xaaji Xunjuf]

Somaliland: French Bank launches officially its operations in Hargeisa

Posted on 05/10/2011

 

Hargeisa (JSLTimes)-A high level delegation led by the General director and regional representative to the French International bank referred to as ‘Banque pour le Commerce et l’Industrie – Mer Rouge (BCI-MR)’ to horn of Africa including Djibouti, Yemen, South Sudan, Kenya, Ethiopia and Somaliland arrived in the country on Monday.

 

The delegate compromises the head of the bank to Djibouti and Somaliland Mr. Awil Muuse Jama and accompanied other senior officials from the bank.

 

The delegation received a warm welcome once they arrived at Egal airport on Monday.

 

They were welcomed by the Chairman of Somaliland bank Mr.Abdi dirir Abdi and officials in charge of Protocol to the presidential office.

 

Once the delegation came down to Somaliland’s capital of Hargeisa, they spoke to the press in order to provide details of their trip to Somaliland.

 

Ould Camar Yahya said, “We came to Somaliland on Feb 2009 and at that time we opened a representative office to the bank, but today we came here to officially launch the operation office to Somaliland.”

 

The delegation will be on short visit to the country and they will hold high level meeting and talks with senior officials from the government of Somaliland including the finance minister, the chairman of Somaliland bank, and the commerce minister.

 

The delegation was hosted at Mansoor hotel and was made lunch banquet.

 

Moreover, they held meeting with Somaliland merchants.

 

The French bank had a temporary office in Hargeisa, and it is supposed to impact hugely on Somaliland’s trade.

 

However, the bank heavily invested many industries in Somaliland including the Coca Cola industry and many other industries.

 

The arrival of bank officials in Somaliland is to launch officially an office in Somaliland.

 

This is seen as historic achievement for Somaliland and will pave the way for boosting the country’ trade with international community. It will also open doors for companies to invest Somaliland.

 

Sources close to the delegation indicate that insurance companies will start to launch operational offices in Somaliland. This will also boost trade progress to Somaliland.

 

On the other hand, Somaliland House of Representatives is expected to debate and pass laws guiding banks.

 

In order the French bank to operate in Somaliland, it depend the laws relating to banks be it on national and international levels to be completed.

 

The 16th session of Somaliland House of Representatives, one of the agendas on the table and that the MP’s are likely to hold series debates include the laws for Central bank , Islamic bank and Commercial bank.

 

This will assist the French bank to officially launch its operations in Somaliland.

[Xaaji Xunjuf]

Madaxweynaha Somaliland Oo Kulan la yeeshay Wefti ka socday baanka Faransiiska ee BCIMR

 

October 6th, 2011

 

Hargeysa(Somaliland.Org)- Wefti sare oo ka socda Baanka Caalamiga ah ee BCIMR oo uu hogaaminayo agaasime goboleedka Baankaas oo lagu magacaabo Ould Camaar Yaxya iyo Isuduwaha BCIMR Mr. Cawil Muuse Jaamac oo ka kooban 5 xubnood ayaa Salaasadii kulan kula qaatay Qasriga Madaxtooyada Madaxweynaha Somaliland. Md. Axmed Maxamed Maxamuud Siilaanyo.

 

Madaxweynaha Somaliland, Md. Axmed Maxamed Maxamuud (Siilaanyo) ayaa si weyn u soo dhaweeyay Baankan caalamiga ah waxaana uu xusay inuu kaalin wayn ka gaysanayo horumarka wadanka, oo uu ku faraxsan yahay xafiiska ay ku leeyihiin Somaliland xaruntiisa Hargeysa.

Madaxweynuhu wuxuu u balanqaaday xubnaha weftiga in sharcigii Baananka ay xukuumadu diyaarisay, isla-markaana ay u gudbisay Golaha Wakiillada, oo ka gudanay waajibkooda distooriga ah.

Weftigan ka socda Baanka Faransiiska ah ayaa dhinacooda si muujiyay inay danaynayaan sidii ay uga shaqayn lahaayeen, qaybna uga noqon lahaayeen horumarka ay ku talaabsatay Somaliland.

“2 sano iyo Badh ayaanu daganahay Somaliland, anaga oo hada Jabuuti joogna ayaanu ka qayb-qaadanay horumarka Somaliland, waxaana jira wershado aanu gelinay maal-gashi kuwaasoo uu ka mid yahay Company Coca Cola ee dhawaan la furayo, shirkadii Abyan ee sharaabka, shirkada Geeddeeble ku taala ee iyana alaabooyinka soo saarta, Hodan Shiraqle Company ayaa ka mid ah, anaga oo aan wadanka wada daganayn ayaanu hadana dhaqaalahaas adag gelinay, hadii xafiiskayagu si rasmi ah u furamana maxaad u malayn, waxa naga go’an oo aanu diyaar u nahay in aan kala shaqayn bulshada Somaliland dhinaca wershaynta iyo maalgashiga.” ayuu yidhi Md. Cawil oo faahfaahin ka bixiyay BCIMR.

 

“Wershadaynta wadanka ayaanu ka qayb-qaadaynaa, waxa nagala qayb-galaya sanduuqa maalgelinta faransiiska iyo caymisyo faransiis ah ayaa arrimahaas wax nagala qabanaya,”ayuu tilmaamay.

Weftigani markii ay yimaadeen wadanka waxa ku soo dhaweeyay Gudoomiyaha Baanka Dhexe ee Somaliland, Md. Cabdi Dirir, waxayna intii ay ku sugnaayeen Hargeysa kulamo la qaateen, wasiirka Maaliyadda Somaliland, Md. Maxamed Maxamed Xaashi Cilmi, wasiirka Cadaalada Xuseen Axmed Caydiid iyo Wasiirka Arrimaha Dibada Maxamed Cabdilaahi Cumar.

 

Baanka BCIMR oo keliya maaha Bangiyada caalamiga ah ee danaynaya inay xarumo ka furtaan Somaliland, si toosana uga hawl-galaan, waxase jire Bangiyada kale sida Bangi laga leeyahay wadanka Switzerland oo isna dhawaan ku dhawaaqay uu ka hawl-galayo Somaliland. Kuwaasoo dhamaantood u xaniban sharciga Baananka ee horyaala Golaha Wakiillada.