FTL Somalia

Amb. Riley Hopes for Improved Collaboration between US Institutions and Somali Banks

Ambassador Richard Riley of the United States to Somalia expressed optimism about deepening collaboration between U.S. institutions and Somali banks, aiming to strengthen financial partnerships.

His remarks were made during a town hall meeting in Mogadishu, organized by Minbar Initiative on Tuesday.

The Ambassador’s response followed a question by Ahmed Nor Mohamed Abdi, Head of Public Relations at Premier Bank Somalia, reflecting a shared interest in fostering robust financial ties.

This initiative aligns with broader efforts to enhance economic cooperation and integration in Somalia’s banking sector.