Verified List of Banks in Somalia (2026 Update)
Official Name: Federal Republic of Somalia
Capital City: Mogadishu
Currency: Somali shilling (SOS)
Continent: Africa Country: Somalia Total Banks: 14
Somalia's banking sector, as tracked by Bankinfobook, consists of 14 verified institutions. The directory below reflects primary-source verification completed during our 2026 review cycle, covering Mogadishu and the surrounding region.
Somalia reports a public debt-to-GDP ratio of approximately 9.2%, against an unemployment rate of 18.90%. Somalia has a population of approximately 20,320,000, offering scale context for its 14 listed banking institutions. Foreign exchange reserves equal roughly 1.41% of GDP, indicating a limited external liquidity buffer relative to economic output. Somalia's largest commercial bank is Salaam Somali bank.
Somalia's banking sector shows roughly 92.9% direct SWIFT/BIC connectivity, corresponding to a 'Fragile' classification under the Bankinfobook Financial Connectivity Index.
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Looking for more details on SWIFT codes? Explore our comprehensive guide to SWIFT Codes Explained.
Amal bank
SWIFT: AALLSOSG
Amana bank
SWIFT: AMBKSOSM
BB bank
SWIFT: BUHBSOSM
Dahabshil bank
SWIFT: DAHISOSM
Dara salaam bank
SWIFT:
Daryeel bank
SWIFT: DARYSOSG
GIB bank
SWIFT: GLXYSOSM
IBS bank
SWIFT: IBOSSOSM
Idman Community bank
SWIFT: IDMNSOSM
MY bank
SWIFT: MYBASOSM
Premier bank
SWIFT: PBSMSOSM
Salaam Somali bank
SWIFT: SSBMSOSM
Sombank
SWIFT: SOMNSOSM
Ziraat bank
SWIFT: ZKBASOSM
✓ Verified: This entry was personally compiled and reviewed by Milan Ignjatovic using primary sources.
Founder & Sole Curator, Bankinfobook | Master Manager of ICT · Graduated Economist
Last Data Review: August 2, 2026