Premier Bank

[1] It was the first bank in Somalia to allow MasterCard credit cards and partner with Visa.

[2][3] Premier Bank was opened on May 21, 2015[4] according to Sharia law by private Somali investors with banking experience from South Sudan, Djibouti and Kenya.

The bank has branches in Mogadishu as well as Hargeysa, Somaliland.

[5] Premier Bank in partnership with MasterCard and SWIFT provides to its local clients for global online financial services.

Premier Bank's chairman, Jibril Hassan Mohamud announced during the Mogadishu Tech Summit 2018 a fund of one million dollars for Somali tech startups.

At the ribbon cutting for Premier Bank, Somali President Hasan Sheikh Mohamud is joined by other officials during the opening ceremony in Mogadishu, Somalia, on 21 May 2015.