Sudan: CBOs Develops New Controls to Enable Banks to Deal With Their Counterparts Abroad

Khartoum — The Central Bank of Sudan's (CBoS) Assistant Governor for the Financial Institutions and Systems Sector Awad Ali Abdullah Abu Shuk said that CBoS has set new controls, following the partial lifting of the economic sanctions imposed on Sudan, to enable Sudanese banks to deal with their foreign counterparts.

This came during his speech Monday at the opening session of the Forum on the Requirements for Dealing with Correspondent Banks, which was organized by the Union of Sudanese Banks and the Union of Arab Banks under the auspices of the Central Bank of Sudan at Al-Salam Rotana Hotel Rotana.

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