The firm traces its presence in Djibouti to 1908 when Banque de l'Indochine established a branch there .
Firm had started issuing banknotes for Djibouti in 1907 .
The firm traces its presence in Djibouti to 1908 when Banque de l'Indochine established a branch there , although it had started issuing banknotes for Djibouti in 1907 .