IBS Bank: facts and offers
Updated September 28, 2026 · BorrowCue Editorial Team
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Key facts
- APR
- 12% (Source, checked September 26, 2026)
- Term
- 12 months (Source, checked September 26, 2026)
- Rate type
- Fixed (Source, checked September 26, 2026)
- Lender type
- Direct lender (Source, checked September 26, 2026)
- Eligibility
- Active IBS account and at least 3 months of account statements, declared income, two photographs and ID, passport or licence (Source, checked September 26, 2026)
- Loan types
- Car, Secured (Source, checked September 26, 2026)
- Use cases
- Home-improvement (Source, checked September 26, 2026)
- Headquarters
- Somalia (Source, checked September 26, 2026)
- Founded
- 2013 (Source, checked September 26, 2026)
- Support channels
- Email, Phone, Help-centre (Source, checked September 26, 2026)
- Pricing model
- Fixed rate
- Official website
- ibsbank.so
Apps and profiles
- Get the app
- Google Play
- Elsewhere
- WikidataWikipediaXfacebook.com
How IBS Bank compares

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Where IBS Bank is available
- Available
- Somalia
- Licence in Somalia
- Central Bank of Somalia, checked September 26, 2026
Countries from the brand (Source, checked September 26, 2026)
Frequently asked questions
Where is IBS Bank based?+
IBS Bank is based in Somalia. (Source, checked September 26, 2026)
When was IBS Bank founded?+
IBS Bank was founded in 2013. (Source, checked September 26, 2026)
How can I contact IBS Bank support?+
IBS Bank offers support through Email, Phone, Help-centre. (Source, checked September 26, 2026)
Sources
- ibsbank.so/about checked September 26, 2026
Backs: Founded, Headquarters, Licences
“IBS was incorporated in July 2013 and licensed by the Central Bank of Somalia (CBS).”
- ibsbank.so/faqs checked September 26, 2026
Backs: Support channels
“You can reach us via phone at +252 61 3744444, visit http://www.ibsbank.so, or stop by any IBS Bank branch. Email: info@ibsbank.so, support@ibsbank.so”
- ibsbank.so/retail-banking/auto-finance checked September 26, 2026
Backs: APR, Eligibility, Lender type, Loan types, Pricing model, Rate type, Term
“Auto Finance: The bank's profit margin is 12%.”
- ibsbank.so/retail-banking/home-finance checked September 26, 2026
Backs: Use cases
“Home Finance product offers Shariah-compliant solutions to help you purchase or build your dream home.”
Compiled from 4 source pages, checked September 28, 2026. We did not open an account.
Not confirmed yet: Loan amount, Arrangement fee, Credit check, Funding time, Representative example.