Somalia: An Update On the Remittances Saga

| January 20, 2014

[Africa Research Institute]Since the announcement by Barclays in May 2013 that it intended to close the bank accounts of all but 19 of its 165 clients in the remittance transfer business, following the earlier withdrawal by other banks from the sector, there has been significant “behind the scenes” political wrangling and negotiation.

Category: News

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