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www.ebizguides.com
Finance
249 18 377 9987
infor@bok.sd / sales@bok.sd
www.bok-sd.com
Activity: Retail, Corporate, Treasury, Investment,
Microfinance Banking
Date of Operation: 1913
Capital: 120 Million Euros
Bank of Khartoum (BOK) has had enjoyed a position
as the leading bank in Sudan since 1913. BOK was
established by the Anglo-Egyptian regime, the first
of its kind in Sudan. In 1925 it was named Barclays
Overseas Bank, and was renamed Barclays Bank
in 1954.Over the years, ownership was procured
by the Local Government, finally in 1975, Bank of
Khartoum came into existence. In 1983 & 2002,
through expansion, the bank acquired several local
& regional banks including The People Cooperative
Bank (Bank Misr), Unity Bank (Othman Bank) and
The National Export and Import Bank. In 2002, Bank
of Khartoum was registered as a private limited com-
pany; afterwards, Dubai Islamic Bank acquired 60%
of Bank of Khartoum’s government shares in 2005.
In February 2008, Emirates & Sudan Bank merged
with Bank of Khartoum to form the largest bank in
Sudan at that time with SDG 381 Million Capital un-
der the name of Bank of Khartoum.
81% of the shares holding in Bank of Khartoum are
from GCC countries and the likes of Dubai Islamic
Bank, Abu Dhabi Islamic Bank, Islamic Development
Bank, Sharjah Islamic Bank, Etisalat are the main
share holders. 5% of the shares are with the gov-
ernment and almost 14% are with local Sudanese
investors. Bank of Khartoum operates under Islamic
Banking Standards and offers complete banking
products and services from Retail, Corporate, Trade
Finance, Treasury & Foreign Relations departments.
With 50 branches and more being added to that
number yearly, Bank of Khartoum has by far the
largest branch network among commercial banks in
Sudan distributed around North Sudan; 19 of which
are in Khartoum region.
Bank of Khartoum operates under the Islamic Bank-
ing Sharia laws and offers a complete range of
banking products and services including Retail, Cor-
porate, Treasury Investment & Foreign Relations,
Trade Finance, Microfinance etc.
Bank of Khartoum employs over 1,000 specialized
staff to meet its obligation to an ever increasing need
as well as satisfying sophisticated clientele in Sudan.
With 50 branches and growing, BOK not only man-
ages by far the largest branch network among com-
mercial banks in Sudan, but the expansion plans do
not in any way compromise the quality of services it
offers to clients.
Bank of Khartoum Retail Banking is the first struc-
tured retail banking in Sudan. Three years from its
launch, Retail Banking department is the market
leader with unmatched products and services.
Bank of Khartoum offers a wide range of products
and services like Accounts, Al Nukhba – VIP Bank-
ing, ATMs, Auto Finance, Home Finance, Salary
Transfer solutions, Point of Sales, Call Center Solu-
tion, 24 hours IVR solution and so on. BOK offers
a complete range of Sharia compliant accounts like
Current, Savings, Savings Plus and Fixed Term De-
posit in local and foreign currencies.
Bank of Khartoum offers a wide range of products
and services for corporate banking customers that
streamline their business processes and enhance
the interaction with the bank. Corporate accounts are
managed centrally by a qualified relationship team,
which will be responsible for ensuring that all bank-
ing needs are expeditiously handled. With the fully
online branches, corporate clients can seamlessly
use any branch in Sudan for all their day-to-day op-
erations including Cash Deposits, withdrawals and
check payment. A package of modules is designed
to provide and enhance payments, collections, and
information services to customers through outsourc-
ing customers’ operations. In addition to Trade
Products: letters of credit (LCs), letters of guarantee
(LGs) and documentary collections.
Bank of Khartoum is considered as one of the most
capable banks to grant finance considering the size
of equity. They offer several Sharia compliant prod-
ucts tailored to Corporate Institution’s (Large tier,
Corporate and SME) needs ranging from Murabaha,
Musharaka, Mugawala to Istisna and Mudaraba.
A complete solution of treasury products ranging
from simple spot foreign currency rates to complex
investment tools.Bank of Khartoum has a large net-
work of correspondence covering Europe, Middle
East, and East Asia in which BoK has positioned
itself to the bank of choice for dealing with trade and
correspondent banks for the capability and commit-
ment the bank has shown over the years.
Working Hours: Starting from 8.30 am till 04:00 pm
during business days (Sunday - Thursday).
Bank of Khartoum adheres to Central Bank of Sudan
regulations regarding Combating Money Laundering