Sudan - Financial Sector Assessment Program : Technical Notes

Sudan - Financial Sector Assessment Program : Technical Notes

The banking sector is the backbone of the Sudan's financial system and will continue to play an important role as financial intermediary and primary source of financing for the domestic economy. As of December 31, 2003, there were 26 commercia...

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Bibliographic Details
Main Authors: World Bank, International Monetary Fund
Format: Report
Language:English
en_US
Published: Washington, DC : World Bank 2022
Subjects:
BANKING SECTOR
RISK FACTORS
TEST SCENARIOS
CAPITAL NEEDS
EFFICIENCY
RESULTS
PROFITABILITY
MARKET DEVELOPMENT
REGULATORY FRAMEWORK
ASSESSMENT METHOD
PAYMENT SYSTEM
LEGAL FRAMEWORK
Online Access:http://documents.worldbank.org/curated/en/708571468340278358/Sudan-Technical-notes
http://hdl.handle.net/10986/37379
id okr-10986-37379
recordtype oai_dc
spelling okr-10986-373792022-05-05T05:10:34Z Sudan - Financial Sector Assessment Program : Technical Notes World Bank International Monetary Fund BANKING SECTOR RISK FACTORS TEST SCENARIOS CAPITAL NEEDS EFFICIENCY RESULTS PROFITABILITY MARKET DEVELOPMENT REGULATORY FRAMEWORK ASSESSMENT METHOD PAYMENT SYSTEM LEGAL FRAMEWORK The banking sector is the backbone of the Sudan's financial system and will continue to play an important role as financial intermediary and primary source of financing for the domestic economy. As of December 31, 2003, there were 26 commercial and specialized banking institutions in Sudan which comprised 23 domestic banks and 3 foreign banks. The operations of these banks are based on Islamic principles. The Sudanese financial sector is small relative to Gross domestic product (GDP), but is rapidly growing. Deposits in the banking sector currently represent a little over 10 percent of GDP, and credit to the private sector has been rapidly expanding, driven by a strong economy. At present, the banking system is small enough that a crisis would not have much immediate impact on the overall economy. 2022-05-04T15:59:42Z 2022-05-04T15:59:42Z 2005-05 Report http://documents.worldbank.org/curated/en/708571468340278358/Sudan-Technical-notes http://hdl.handle.net/10986/37379 English en_US CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo World Bank Washington, DC : World Bank Economic & Sector Work Economic & Sector Work :: Financial Sector Assessment Program (FSAP) Africa Sudan
repository_type Digital Repository
institution_category Foreign Institution
institution Digital Repositories
building World Bank Open Knowledge Repository
collection World Bank
language English
en_US
topic BANKING SECTOR
RISK FACTORS
TEST SCENARIOS
CAPITAL NEEDS
EFFICIENCY
RESULTS
PROFITABILITY
MARKET DEVELOPMENT
REGULATORY FRAMEWORK
ASSESSMENT METHOD
PAYMENT SYSTEM
LEGAL FRAMEWORK
spellingShingle BANKING SECTOR
RISK FACTORS
TEST SCENARIOS
CAPITAL NEEDS
EFFICIENCY
RESULTS
PROFITABILITY
MARKET DEVELOPMENT
REGULATORY FRAMEWORK
ASSESSMENT METHOD
PAYMENT SYSTEM
LEGAL FRAMEWORK
World Bank
International Monetary Fund
Sudan - Financial Sector Assessment Program : Technical Notes
geographic_facet Africa
Sudan
description The banking sector is the backbone of the Sudan's financial system and will continue to play an important role as financial intermediary and primary source of financing for the domestic economy. As of December 31, 2003, there were 26 commercial and specialized banking institutions in Sudan which comprised 23 domestic banks and 3 foreign banks. The operations of these banks are based on Islamic principles. The Sudanese financial sector is small relative to Gross domestic product (GDP), but is rapidly growing. Deposits in the banking sector currently represent a little over 10 percent of GDP, and credit to the private sector has been rapidly expanding, driven by a strong economy. At present, the banking system is small enough that a crisis would not have much immediate impact on the overall economy.
format Report
author World Bank
International Monetary Fund
author_facet World Bank
International Monetary Fund
author_sort World Bank
title Sudan - Financial Sector Assessment Program : Technical Notes
title_short Sudan - Financial Sector Assessment Program : Technical Notes
title_full Sudan - Financial Sector Assessment Program : Technical Notes
title_fullStr Sudan - Financial Sector Assessment Program : Technical Notes
title_full_unstemmed Sudan - Financial Sector Assessment Program : Technical Notes
title_sort sudan - financial sector assessment program : technical notes
publisher Washington, DC : World Bank
publishDate 2022
url http://documents.worldbank.org/curated/en/708571468340278358/Sudan-Technical-notes
http://hdl.handle.net/10986/37379
_version_ 1764484737422852096

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