Sudanese central bank to open brach in Juba

May 8, 2006 (KHARTOUM) — The first vice-president of the republic, Salva Kiir Mayardit, has praised the serious and advanced steps taken by the Sudan’s Central Bank to open a branch in southern Sudan.

Kiir also lauded the bank for its efforts to establish cooperation in policies and relations with the south.

The governor of Bank of Sudan, Sabir Mohamed al-Hassan, said after meeting Kiir yesterday at the Council of Ministers’ that he briefed the First Vice-President on the developments in the banking sector and the stage reached of opening a branch in Juba, as part of a continuous report to the Presidency under the framework of the ongoing steps to implement the Comprehensive Peace Agreement.

The governor said the Bank of Sudan has issued licences to Al-Nilein Bank and the Kenya Commercial Bank to start operations in the south.

(ST)