Bank Of Sudan

Since its establishment in 1960 and until 1984, the Bank of Sudan has been using direct and indirect monetary policy instruments that enable it to control credit. It controlled the monetary mass through interest rates, changes in cash reserve ratios and other means of banking. Implementation of the Islamic Banking System The Bank of Sudan will then deepen the Islamization of the banking system. The Supreme Supervisory Board of the Bank was established in 1992 to ensure that banking operations are purified from riba. The Bank continued to play its role as the bank of the central government, state government, governmental and semi-governmental bodies and bodies, by contributing to its capital and keeping its local and foreign accounts management, as well as performing its role as lender to the government and lender to banks.

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