List of Banks in South Sudan: Complete Guide

South Sudan has a relatively underdeveloped banking sector, with a limited number of banks operating in the country.

The Central Bank of South Sudan is the primary regulatory body for the banking sector, responsible for setting monetary policy and supervising banks.

Several international banks have a presence in South Sudan, including Equity Bank, Orient Bank, and Ecobank.

These banks offer a range of financial services, including personal and corporate banking, mobile banking, and international transactions.

South Sudan has a total of 31 licensed commercial banks, as per the list provided by the Bank of South Sudan. The list includes both national and foreign banks, with some being joint ventures between local and international companies.

The oldest bank on the list is Ivory Bank, which started operations in 2006. It's followed closely by Nile Commercial Bank and KCB Bank South Sudan Limited, both of which also began operations in 2006.

Here's a list of some of the national banks in South Sudan:

Commercial Banks in South Sudan offer a wide range of services to cater to the diverse needs of individuals and businesses.

Some banks, like KCB Bank South Sudan, offer personal and business accounts, loan services, and mobile and online banking options.

Equity Bank South Sudan provides comprehensive digital banking services, including various account options and a service finder tool for locating branches, ATMs, or Equity Agents.

Co-operative Bank of South Sudan offers a wide range of services, including personal and business banking, corporate and institutional banking, and specialized services like NGO banking and foreign exchange.

Here are some of the commercial banks in South Sudan:

Some banks have been in operation for a long time, like Ivory Bank, which has been operating since 2006.

Microfinance Banks are a type of bank that provides financial services to low-income individuals and small businesses in South Sudan.

These banks offer a range of services including loans, savings accounts, and mobile money services, which are designed to be accessible and affordable for people who may not have access to traditional banking services.

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In South Sudan, some of the microfinance banks are licensed by the Central Bank of South Sudan, which regulates and supervises the banking sector in the country.

The Central Bank of South Sudan requires microfinance banks to maintain a minimum capital requirement of $1 million to ensure their stability and soundness.

For example, Finca South Sudan, a microfinance bank operating in the country, has a minimum loan amount of $10, which makes it accessible to even the smallest entrepreneurs.

Microfinance banks in South Sudan also offer mobile money services, which allow customers to deposit, withdraw, and transfer money using their mobile phones.

The mobile money services offered by microfinance banks in South Sudan are popular among customers who do not have access to traditional banking services or prefer the convenience of mobile banking.

Explore further: List of Central Banks

If you're looking for top banks in South Sudan, here are some of the most notable ones. Stanbic Bank South Sudan offers a range of services aimed at facilitating international trade for businesses, including trade resources, a Trade Club network for verified business customers, and access to international trade shows.

Some of the top banks in South Sudan include Stanbic Bank South Sudan, Ecobank South Sudan, and KCB Bank South Sudan Limited. These banks are part of larger international groups and offer a wide range of services to their customers.

Here's a list of some of the top banks in South Sudan:

These banks are well-established and have a strong presence in the country, offering a range of services including trade finance, cash management, and retail banking.