Central Bank of Sudan Discusses Banking Sector Reform with Bank ‎Owners

CBOS Governor Meeting

Khartoum, Nabaa Sudan – The Governor of the Central Bank of Sudan ‎‎(CBOS), Amna Mirghani Hassan Al-Tom, held a meeting at the Bank’s ‎headquarters with representatives of bank owners. The meeting was ‎attended by First Deputy Governor Al-Motasem Abdullah Ahmed, ‎Deputy Governor Dr. Sami Abdelhafiz Saleh, and a number of ‎specialists. Discussions focused on ways to develop the banking sector ‎and prepare it for the next phase, in light of the challenges posed by ‎the war and the requirements of economic recovery and ‎reconstruction.‎

The meeting discussed the requirements for banking reform, ‎governance and bank capital, as well as the legislative and regulatory ‎frameworks, the challenges facing banking institutions and ways to ‎address them. It also emphasised the importance of balancing reform ‎requirements with the preservation of banking stability.‎

The meeting underscored the need to strengthen coordination and ‎consultation between the Central Bank and representatives of bank ‎owners in support of efforts to develop the banking sector, enhance its ‎capacity to sustain operations, and expand its role in financing ‎production and investment sectors and supporting economic activity ‎during the recovery and reconstruction phase.‎

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