Bank of Khartoum, an Islamic institution which is Sudan's biggest privately owned bank, plans to open a wholesale banking branch in Bahrain, its first branch in the Gulf, its chief executive told Reuters.
"It comes logica
Bank of Khartoum, Sudan's biggest privately-owned bank, plans to add 12 more retail branches and launch financing for livestock exports to Gulf countries, its head said in an interview.
Undeterred by insurgencies, poverty, a s
Bank of Khartoum, Sudan's oldest bank, plans to start selling Islamic corporate bonds, or sukuks, again as the economic outlook for African country improves in the wake of an oil deal with South Sudan, its general manager said.
Bank of Khartoum (BOK), Sudan’s largest Islamic commercial and retail bank, has deployed the iMAL solution from Path Solutions, a leading Kuwait-based banking systems provider.
With the iMAL Enterprise Islamic Banking and Investment System
Dubai Islamic Bank unit Bank of Khartoum plans to buy smaller Sudanese rival Emirates and Sudan Bank, a report said.
Dubai Islamic, the third-biggest Gulf Islamic lender by market value, would own 28 percent of the enlarged lender after th