Trade Finance

Banking System
The banking sector in Sudan is firmly established and banking services are accessible in all the states of the country. Moreover there are some specialized banks which are solely devoted to spur investment and development to greater efficiency in particular fields. There are also some state-owned institutions and private companies that finance investment activities. Partners to all are invited. Due to current economic situation the Central Bank of Sudan has directed the commercial banks in Sudan to merge so that a stronger and wider range of assistance is provided.

The financial sector consists of 26 operating banks and a number of other financial institutions, including insurance companies and informal lenders. The commercial banking sector comprises some 17 joint- venture banks and 2 state-owned commercial banks together with 3 foreign bank branches, and 4 specialized banks.