Type | Private company |
---|---|
Industry | Banking |
Founded | 2003 |
Headquarters | Juba, South Sudan |
Key people |
|
Products | Loans, Checking, Savings, Investments, |
Website | web |
Nile Commercial Bank(NCB) is a commercial bank in South Sudan. It is one of the commercial banks licensed to operate in South Sudan, by the Bank of South Sudan, the national banking regulator. [2]
The bank is an indigenous South Sudanese commercial bank. Of all the commercial banks licensed in South Sudan, it has the largest number of branches at 20. The bank is affiliated with Stanbic Bank, a division of Standard Bank of South Africa.
The bank was started in 2003 by South Sudanese individuals. The number of investors in the bank grew to exceed 1,700 individuals and the banks branch network grew to over twenty.
In April 2009, it was reported that the bank had run out of cash, as a result of non-performing loans made to officials in the Government of South Sudan (GOSS). [3] The bank was temporarily closed in 2009 while the bad loans were being recovered. [4] In September 2009, Nile Commercial Bank received a capital injection of 102 million Sudanese Pounds (approximately US$44 million) by the Government of South Sudan and by the Bank of South Sudan. [5]
As of November 2011 [update] , Nile Commercial Bank maintains branches at the following locations, among others: [6]
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Santino Deng Wol, is a South Sudanese military figure serving as the chief of staff of the South Sudan People's Defence Forces. He served as Lion Division commander from 2007-2017 and currently serving as the Assistant Chief of Defence Force for Administration, Finance and Personnel of South Sudanese army, SSPDF after being transferred from the post of Ground Force Commander. His hometown is Udhum which was part of Aweil West according to 10 states.
The 2019 South Sudan National Cup is the 7th edition of the South Sudan National Cup, the knockout football competition of South Sudan. It was played between 4 and 18 March 2019.
This article lists events from the year 2019 in South Sudan
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