Friday, December 7, 2018

Sudan's Banking System

The Sudan Democracy First Group, whose members are from civil society and the media, published in December 2018 a report titled "Banking System in Sudan: Political Influence and Personal Interests Breed Corruption and Lack of Transparency."

The paper analyzes Sudan's banking system from its foundation in 1960 to the present date. This critical assessment argues that the Sudanese banking system lacks political, operational, and financial independence due to frequent intervention from government and other influential and corrupt persons in the banking business.