Private company

State Bank of Puntland

Central bank in Puntland

The State Bank of Puntland (SBP) (Somali: Bankiga Dhexe ee Dawladda Puntland) is the autonomous central banking institution for the Government of Puntland, managing public finances and monetary policy functions for the region and working to strengthen the local financial system. The bank was established in 1998 and operates nine branches across the regions which has owned and regulated by the autonomous state of Puntland.2 It is headquartered in Garowe.1 Wikipedia text CC BY-SA 4.0

Last updated Oct 21, 2026.

Overview

1998Founded1
Coat of Arms of Puntland
Photo: User:Uchimedia, Public domain, via Wikimedia Commons3

The State Bank of Puntland (SBP) (Somali: Bankiga Dhexe ee Dawladda Puntland) is the autonomous central banking institution for the Government of Puntland, managing public finances and monetary policy functions for the region and working to strengthen the local financial system. The bank was established in 1998 and operates nine branches across the regions which has owned and regulated by the autonomous state of Puntland.2

Timeline

  1. 1998Founded Founded1

Sources

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