Daryeel Bank was established in 2019 after securing a commercial license from the Central Bank of Somalia. Our main branch and headquarters are located in Garowe, and we began our journey with four branches in Garowe, Bosaso, Galkacyo, and Mogadishu.
Despite the challenges posed by the COVID-19 outbreak, Daryeel Bank not only survived but thrived. In 2021, we successfully implemented a core banking system, enhancing our operational efficiency and customer service.
We pride ourselves on our innovative mobile banking solutions, offering a full-fledged wallet that allows customers to access their bank accounts and conduct financial activities with ease, right at their fingertips. Our mobile banking product, known as Yeel Mobile, boasts unparalleled features. Customers can access their accounts, buy merchandise from all participating Somali Payment Switch merchants, and send remittances to their loved ones around the world. Yeel App users can also send instant money to renowned mobile wallets such as Mpesa in Kenya, and Airtel and MTN in Uganda.
Daryeel Bank owns the buildings of its branches in Garowe, Bosaso, and Galkacyo. We are also excited to announce our upcoming landmark building on Makkah Al Mukarama Road in Mogadishu. This state-of-the-art facility will house our future headquarters, with the ground and mezzanine floors dedicated to the Mogadishu branch. The first two floors will serve as the bank’s headquarters, complete with full-fledged banking departments. The building will also feature office spaces and fully furnished apartments, making it one of the most sophisticated modern-era buildings in the heart of Somalia’s capital city.
Daryeel Bank is a proud member of the Somali Payments Switch (SPS) and an active member of the Somali Bankers Association.