Somaliland Bankers Association Backs Central Bank Statement to Safeguard Financial Stability

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The Somaliland Bankers Association (SLBA), speaking on behalf of the member banks of the Bankers Association of the Republic of Somaliland, hereby supports the statement issued by the Central Bank of the Republic of Somaliland dated November 13, 2025.

The Central Bank is responsible in the country for upholding laws and overseeing financial institutions. We warn against messages irresponsibly disseminated on social media that carry condemnation and inaccurate information, which disrupt the country’s financial system.

We also condemn the videos circulated on social media that call on the public to engage in actions lacking legal basis. The Somaliland Bankers Association warns against the continuation of these irresponsible messages, which can harm the overall economy and financial stability of the country, and will not be limited to banks alone.

We reiterate the Central Bank’s call, which urges all citizens, businesses, and the media to approach anything that disrupts the country’s financial system with responsibility and national patriotism.