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Merchants Bank of California

By Tajuddin
In BUSINESS
Nov 13th, 2015
0 Comments
1711 Views
Windsor,Ontario,Canada (Bloomberg + DIPLOMAT.SO)- Liban Gaal is one of an estimated 1.5 million Somalis living abroad who are helping the economy back home stay afloat. The owner of the Somali Restaurant in Windsor, Ont., says he sends $300 each month to a sister-in-law in Mogadishu whose husband die...
By Tajuddin
In BUSINESS
Feb 8th, 2015
0 Comments
1740 Views
Mogadishu ( DIPLOMAT.SO) – As Somalia Prime Minister and former Somali Ambassador to the US, H.E. Omar Abdirashid Ali Sharmarke is fully aware of the astronomical impact this announcement will have on the well-being of many Somalis and is determined to finding permanent solutions to maintain mo...
By Tajuddin
In BUSINESS
Jan 30th, 2015
0 Comments
1847 Views
Washington ( Foreign Policy (blog) + DIPLOMAT.SO) – Somali-Americans could find it much harder to send money back home to friends and family after next week. Merchants Bank of California, which handles 60 to 80 percent of the remittances sent to Somalia from the U.S., announced this week it is ...