Transcript Dahabshiil Financial Services A fast and reliable global

Investing in Key Industries in
the region
UK-Djibouti Trade & Investment Forum 2013
Abdi Abdullahi - Dahabshiil
Regional Managing Director - Europe
08 May 2013
Overview
• Opportunities in the region
• Dahabshiil Group
• Dahabshiil Bank International (DBI)
• Business strategy & expansion
• Partnership with DBI
Opportunities in the region
• The resources and potential in the region are many and
they include:
A.
B.
C.
D.
E.
F.
G.
sea resources in terms of the fishing industry
tourism industry - hostelling industry and related services.
agriculture - cultivation and animal resources.
infrastructure building
aviation and airline industries
The transportation industry
Many more
Solar-powered mini-fridges (source:
inhabitat.com)
Dahabshiil Group
• Dahabshiil was founded with a modest capital base by Mr
Mohamed S Duale (now Chairman of Dahabshiil Group)
in 1970 in Burao.
• Today, it is a diversified group with global presence in 150
countries, which includes:
I.
II.
III.
IV.
International remittances and Foreign exchange services
Dahabshil Bank International, Djibouti
Mobile telecoms
Mobile Payments services (soon)
Dahabshil Bank -Djibouti
Why in Djibouti?
The country offers strategic location and allows access
via sea and transshipment opportunities for many
landlocked countries in the region
• The country is expected to service a regional population
of some 300 million people including countries such as
South Sudan, Uganda, Somali region, Ethiopia and other
African countries.
• DBI is well positioned to play a mature role in the financial
servicing of the region
DBI Strategic Plan
 Expansion into the Somali Region i.e Converting PvT Branches in the
Somali Region into DBI Branches offering Islamic banking facilities.
 Expansion into the East Africa Region (MG,HR,BS)
 Africa is regarded as the next frontier for the capitalist world DBI is
prepared to intermediate between:
 the international banking and the region
the potential business communities and the region
the International aid agencies and the region
foreign governments and the region
 Assist and finance individuals, corporates, government and public
institutions in the region
DBI- Under Construction in
Mogadishu
DBI Bank-Bosaaso
Almost Complete in
Hargeisa
DBI - Banking Services
• DBI will provide financial services in terms of:
Financing of viable business projects
ii. Financial advisory services
iii. Personal and corporate banking
i.
Partnership with DBI
• Successful track record in dealing with
challenges
• Intensive knowledge of investment risks
• Strong commitment to regional development
• Excellent relations with local communities
• Solid human and physical infrastructure
• Known for its CSR (Nominated for Socially Responsible Bank
of the year at the African Bankers Award 2013)
Dahabshiil Group