Current Date:

Wednesday, 25 October 2017

Decision Banning Financing Oil Seeds For Trade Issued

Khartoum : The Central Bank of Sudan has directed  all banks managers to work towards boosting the capabilities of  banking system , activating transactions as well as strengthening  banking relations and setting the internal environment of banks in preparation for the requirements of the forthcoming phase.
He stressed abiding by the criteria of combating money laundering and financing terrorism.
Bank of Sudan Governor Hazim Abdulgadir said during a meeting with banks managers on extending congratulation on lifting sanctions imposed on Sudan that there are banks that expressed their readiness to resume their banking relations with Sudan  immediately and others will visit Sudan in the current month prior to resuming banking relations.
The governor of bank of Sudan announced a decision of amending policies and  banning financing of oil seeds  for the purpose of domestic trade and the funding shall be for the purpose of manufacturing and export.