Banking supervision is one of the core responsibilities of the Central Bank. It involves regulating and monitoring the performance of banks under the Central Bank’s supervision to ensure their compliance with applicable standards and regulations, while minimizing risks to the banking system.

One of the clearest indications of the Central Bank of Sudan’s commitment to banking supervision is the existence of two dedicated departments within its organizational structure: the General Directorate of Banking Supervision and the General Directorate of Financial Institutions Supervision. These departments play a vital role in safeguarding the soundness, stability, and integrity of the financial sector.

Payments and settlements

The Central Bank is primarily responsible for operating payment and settlement systems to ensure the secure and efficient transfer of funds between banks. This contributes to financial stability, reduces risks, and supports the implementation of monetary policy and the management of liquidity in the economy.

Banknotes & coins

Sudan is considered one of the leading countries in the region in the issuance of banknotes and coins, and one of the few countries in Africa that owns both currency minting companies and banknote printing facilities. The Sudanese Coin Mint Company was established in 1960, while banknote printing presses were inaugurated in 1992. Sudanese banknotes are distinguished by strong security features that help preserve them and protect them against counterfeiting.

Financial stability

The Central Bank of Sudan works to strengthen financial stability through a comprehensive set of stringent measures, including increasing banks’ capital requirements, supervising regulated financial institutions, and managing liquidity and credit risks, particularly in light of current challenges.

These efforts also include upgrading technological systems, combating money laundering, and supporting financing for productive sectors, all aimed at enhancing the resilience, efficiency, and stability of the financial system.