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www.ebizguides.com
Finance
After 3 decades of prosperous business in the Su-
dan, Byblos Bank Africa Ltd is a full-fledge bank that
operates under the Sudanese law and central Bank.
Byblos Bank Africa main lines of business are: Com-
mercial Banking, Private Banking, and Correspond-
ent Banking.
By joining the Sudan, Byblos Bank is paving the way
to enter other MENA countries. Byblos Bank Sudan
plans to play a pioneer role in the development and
the marketing of new banking products and services.
It also aims to develop a long-term relationship with
its valued customers by providing quality services
and tailor-made financial solutions.
Byblos Bank holds an equity participation of 65%.
Other main shareholders are 20% for the Vienna-
Based OPEC Fund for International Development
and 10% for the ICD Islamic Corporation Develop-
ment Bank.
EL NILEIN INDUSTRIAL DEVELOPMENT BANK
GROUP (NIDB)
Osman El Toum Mohamed Elhassan
General Manager
United Nations Square
PO Box 1722 or 466, Khartoum
Tel: +249 183 785 293 / 183 771 637
Fax: +249 183 774 745 / 183 771 208
osmaneltoumeltoum@gmail.com
www.nidbg.com
Activity: Banking
Date of Creation: 1993
Capital: 40 million USD
No. Employees: 800
El Nilein Bank was established in the year 1958 as
a commercial bank proving all range of banking ser-
vices including financing, international trade, trans-
fers, domestic and overseas clearing and collection
services, current accounts, saving accounts and in-
vestment accounts.
In the year 1993, the bank merged with Sudanese
Industrial Bank to create the new El Nilein Industrial
Development Group, with emphasis on industrial
development in addition to the commercial activities.
The merger continued until the year 2002, where
the bank was restructured and the owners decided
to establish a new bank specializing in industrial de-
velopment while leaving the El Nilein Bank to focus
on playing active role in meeting the needs of other