Shabell bank 
Company Profile
Customers
Billion Capital
Dedicated Staffs
Branches
About Shabelle Bank
In the early years of financial development in Ethiopia’s Somali Region, access to formal banking services remained limited, leaving individuals, entrepreneurs, and small businesses underserved. To address this gap, Shabelle Bank began its journey as Somali Microfinance Institution in 2011, with a strong commitment to promoting financial inclusion and supporting the Somali community.
After years of providing trusted microfinance services, Somali Microfinance officially transformed into Shabelle Bank in 2021. This historic milestone made Shabelle Bank the first full-fledged bank established in the Somali Region, proudly founded to serve the region and the wider Somali people.
Today, Shabelle Bank is a fully licensed commercial bank in Ethiopia operating under Islamic banking principles, free from interest-based transactions. The Bank offers a comprehensive range of Retail, SME, Corporate, Treasury, and Trade Finance services, designed to meet the diverse needs of its customers.
Beyond its foundational role, Shabelle Bank has been a pioneer in digital financial services. It was the first institution in the Somali Region to introduce a digital wallet, H-Cash, transforming the way customers access, transfer, and manage their finances. In addition, the Bank provides modern banking conveniences including internet and mobile banking, debit cards, and 365-day banking services, ensuring accessibility and efficiency.
With the regional government as its major shareholder, Shabelle Bank plays a key role in advancing financial inclusion and supporting sustainable economic development. The Bank operates under the guidance of a Shariah Board composed of esteemed scholars, ensuring full compliance with Islamic finance principles.
Shabelle Bank is more than a financial institution—it is a symbol of trust, innovation, and empowerment for communities across Ethiopia.
Together, we build ethical finance, inclusive growth, and a stronger financial future.
Welcome to Shabelle Bank—where trust grows and innovation leads.
Visions
To be a competent, sustainable, and leading provider of Shari’a-compliant banking and microfinance services, recognized for excellence, innovation, and integrity. We strive to be a trusted partner for our customers, employees, and communities, empowering them to achieve financial success and inclusive growth.
Mission
To provide efficient and effective full-fledged Shari’a-compliant banking services with customer focus utilizing qualified, honest and motivated staff and state-of-the-art technology thereby optimizing shareholders’ interest and enhancing inclusion of the poor through microfinance business operations.
