- Everyday Banking
- Business Banking
- wholesale banking
Our microfinance products are comprised of Bai-Murabaha (Cost-plus sale), Bai-Muajjal financing (Sale on Credit), Mudaraba (Participatory), and Micro Savings. These Financial Products were designed in a very simple, accessible and affordable way that innumerable entrepreneurs will be benefiting.
IBS will contribute in community development by providing the financial services needed. Such as financing Agriculture, Home financing, SMEs, and providing Support to those who have fruitful business ideas and have no access for a financial support. Somalia’s main economic sector is agriculture and IBS is committed to provide financial support needed in agriculture sector and other sectors in Somalia.
Some of Our objectives in supporting our community are:
Provide affordable home finance: One of IBS’s objective is to provide affordable home improvement finance to less privileged parts of the community.
Individual Community finance: There are certain funds that are related to social responsibilities for micro project developments. We contribute our part and perform due deligence to achieve the community finance
SMEs Community finance: Access to finance for business startup, investment and expansion is essential and contribute long term economic growth. IBS is the bridge to achieve the unreachable goals
IBS offers special products that are developed for financing infrastructure facilities that need huge investments such as electrical grid, roads, highways, developing new towns, ports, airports and etc. Please contact our service center for more information.
In IBS we offer suitable products for your trade finance. whether it is LC, LG, guarantee letters, performance bond and other products related to trade finance, whether your company is large or SME. We have something for everyone.
One of the milestones of our products is project finance. IBS has well established team that handles your project, whether it is towers, manufacturing, ships industrial and service facilities, IBS can help you if you have the right project, IBS is the right place for you.
Microfinance is one of our financial services for small businesses and household-based entrepreneurs to increase their capital asset and expand their businesses.
Call - +252 1 865999
Email - email@example.com
Swift Code - IBOSSOSM