Farmers’ Bank Announces Readiness to Contribute to Sudan’s Reconstruction

Saif Al-Dawla Saeed Koko, the General Commissioner of the Social Security Investment Authority and Chairman of the Farmers’ Commercial Bank Board, affirmed the bank’s readiness to contribute to Sudan’s reconstruction following the Rapid Support Forces’ rebellion against the state and the Sudanese Armed Forces.

This statement came as he chaired the 26th regular general meeting of the Board of Directors in Port Sudan, attended by representatives of the Central Bank of Sudan, the Khartoum Stock Exchange, the Deposit Insurance Fund, the National Audit Bureau of the Government of Sudan, and the Commercial Registrar, alongside the bank’s board, major shareholders, and executive management.

Koko stated that despite the extensive damage suffered by the banking sector during the war, the bank’s employees remained resilient. He paid tribute to the martyrs who lost their lives in the Battle of Dignity, including the bank’s three martyrs from the headquarters, the Arab District Branch in Omdurman, and the Al-Maleeq Branch in Al-Jazirah State.

The General Manager of the Farmers’ Commercial Bank, Najm Al-Din Khalaf Allah Abdelqader, announced the bank’s continued funding of the winter agricultural season across several states, highlighting increased partnerships with farmers and pensioners throughout Sudan.

Najm Al-Din also noted that the Farmers’ Commercial Bank was the first to resume operations after the Eid al-Fitr holiday in 2023, with 21 branches outside Khartoum serving its customers and clients of other banks.

Dr. Ali Khalid Al-Fawil, General Manager of the Khartoum Stock Exchange, praised the Farmers’ Commercial Bank for being the second bank to hold its general assembly twice after the April 2023 war outbreak, commending its board and staff.