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Bank of Sudan

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    Former Bank of Sudan Official Backs Removing Zeros from Sudanese Pound▼Former Bank of Sudan Official: Removing Zeros Would Simplify Prices and Facilitate Transactions✉newsBusinessBanking3 d ago

    A former Bank of Sudan official has argued that redenominating the Sudanese pound by removing zeros would simplify prices and make everyday transactions easier. The proposal comes as Sudan's currency has been severely weakened by war and economic collapse, leaving citizens handling large sums for basic purchases. It remains unclear whether the central bank plans any such reform, and critics warn redenomination alone cannot restore the pound's value.

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    Canadian CEO of Sudan's Kush Bank freed from Dubai prison●Canadian CEO of # Sudan ’s Kush Bank has been released onto a road, from months in a Dubai prison, malnourished and suffMmastodonWarSudan39 min ago

    The Canadian head of Sudan's Kush Bank has been released after months in detention in Dubai, according to a report in The Globe and Mail. He was reportedly left on a road malnourished and suffering from several illnesses following a disputed extradition request linked to South Sudan cartels. Commenters are highlighting his poor condition and questioning the circumstances of his detention and release.

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    Sudan's central bank to withdraw old 500-pound notes by year-end▼Sudan’s central bank to withdraw old 500-pound notes by year-end✉newsWarSudan15 h ago

    Sudan's central bank has announced it will withdraw the old 500-pound banknotes from circulation by the end of the year. The move is part of the country's ongoing currency management amid a deep economic and humanitarian crisis caused by the war between the army and the Rapid Support Forces. Sudanese are watching for how the deadline will affect cash availability and daily transactions.

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    Sudan's Finance Ministry Seeks Stronger Ties with Asian Infrastructure Bank▼Sudan’s Finance Ministry: Strengthen Partnership with Asian Bank to Support Infrastructure Projects in Sudan✉newsWarSudan9 h ago

    Sudan's Finance Ministry says it is working to strengthen its partnership with the Asian Infrastructure Investment Bank to support infrastructure projects across the country. The announcement, carried by Sudanese media, signals an effort to secure international financing for rebuilding and development work at a time when Sudan's economy and public infrastructure have been severely strained by the ongoing conflict.

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    Sudan's central bank has announced it will withdraw the old 500-pound banknotes from circulation by the end of the year, according to the Sudan Tribune. The move means holders of the old notes will need to exchange them before the deadline or risk losing their value. It comes as the country's banking system continues to operate under severe strain amid the ongoing conflict, with cash shortages and displaced populations complicating access to financial services.

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    Al-Burhan and Sudan's Central Bank▼Al-Burhan and the Central Bank of Sudan✉newsWarSudan1 d ago

    Sudanese news outlet Sudan Horizon is reporting on General Abdel Fattah al-Burhan in connection with the Central Bank of Sudan. The headline gives no further details on whether the story concerns currency policy, banking decisions, or the bank's operations during the ongoing conflict. Attention on Sudan's financial institutions continues as the country's war drags on and the economy deteriorates.

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    The Central Bank of Sudan has announced it will withdraw the old 500-pound banknotes from circulation. The move is part of the country's ongoing currency management amid economic difficulties, though details on deadlines or replacement procedures were not provided in the initial report. Sudanese are watching closely for how the withdrawal will affect daily cash transactions.