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The economy of South Sudan is one of the world's most underdeveloped with South Sudan having little existing infrastructure and the highest maternal mortality and female illiteracy rates in the world as of 2011. [3] South Sudan exports timber to the international market.
In 2012, The World Bank approved a four-year, US$38 million investment loan to South Sudan's Ministry of Roads and Bridges to build rural and inter-urban roads and highways. [26] Access to clean water in South Sudan is a major challenge for many people.
This is a list of commercial banks in South Sudan, as updated by late 2024 by the Bank of South Sudan. [1] African National Bank; Afriland First Bank South Sudan, part of Afriland First Bank Group; Agricultural Bank of South Sudan; Buffalo Commercial Bank; Charter One Bank South Sudan; Commercial Bank of Ethiopia South Sudan, part of Commercial ...
The bank is an indigenous South Sudanese financial institution, serving the banking needs of the people and businesses of this part of the world. It is a small but growing private commercial bank headquartered in Juba , the capital and largest city in South Sudan.
Equity Bank South Sudan received the Bank of the Year South Sudan 2020 award by The Banker, during the Bank of the Year Awards 2020. As of August 2021, Equity Bank South Sudan had assets valued at US$107.32 million and recorded deposits worth US$70.03 million. [3] The bank rebranded in 2020 inline with the parent company Equity Group Holdings. [4]
The World Bank has regularly failed to live up to its own policies for protecting people harmed by projects it finances. The World Bank and its private-sector lending arm, the International Finance Corp., have financed governments and companies accused of human rights violations such as rape, murder and torture.
Beginning in 2005, with the signing of the Comprehensive Peace Agreement (CPA), most of the Sudanese banks operating in South Sudan began to close operations. Also, as part of the CPA, the three branches of the Sudanese central bank located in South Sudan became known as the Bank of Southern Sudan, from January 2005 until July 2011. Bank of ...
Ivory Bank was founded in 1994 by a group of South Sudanese businesspeople to serve the banking needs of the people and businesses of South Sudan. The bank originally maintained its headquarters in Khartoum , Sudan .