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Finance
ity Studies, financial consultation, insurance agent,
and Center for Public Share Offers are part of its
trading activities.
The Saudi Sudanese Bank is principally owned by
the Central Bank of Sudan (28.09%), the National
Social Insurance Fund of Sudan (15%) and the
National Pension Fund of Sudan (14,31%). Other
shareholders are Saud and Sudanese organizations.
SUDANESE FRENCH BANK
Kamal Abdul Gadir Saeed
Acting General Manager
Al Qasr St., Khartoum
Tel: + 249 183 771730 / 776545 / 787868
Fax: + 249 183 790391 / 774832 / 771740
info@sfbank.net / www.sfbank.net
Activity: banking
Date of Creation: 1978
Capital: 300 Million SDG
Ownership: public and private
The Sudanese French Bank was established in 1978
and started its banking activities in 1979 under the
name of Sudanese Investment Bank, with a capital
of 7,5 million Sudanese pounds. In 1981, the name
was changed to Sudanese International Bank, and
then Sudanese French Bank in 1993. The author-
ized capital was increased to 7 billion Sudanese
dinar.
The aims of SFB are summarized in the recognition
of development and investments potentials, encour-
agement of private and public economic sectors and
provision of the required fund and other facilities to
attain such purpose.
The objectives and purposes of the SFB are to con-
tribute to modernize and innovate existing establish-
ments and to encourage the flow of local and foreign
capital to investment, and contribute to the financing
of foreign trade business either directly or through
institutions to be established for such purpose
The SFB activity concentrates mainly on provision
of banking services, financing through a network
of branches covering all parts of Sudan, besides a
number of correspondents all over the world.
The services provided by the SFB incude:
• To utilize banking technology for providing better
services for clients
• Acceptance of different deposits
• Provision of the fund required by individuals,
companies, corporations and consortiums, and to
provide capital for standing and new companies
• Financing of foreign trade and transactions
• Management of investment deposits
• Investing and applying financial surplus for the
sake of participation in the development of the
country.
SUDINRECO
The Sudanese Insurance & Reinsurance Co Ltd
Hassan El-Sayed
General Manager
3rd Floor, Abd AlRahman Makawi Building, AlGam-
horia Avenue
Sudanese French Bank