Agreement with Central Bank to Buy Foreign Currency from Banks Instead of Selling to Currency Traders 

Nilein Bank’s Director General, Osman Adam, stated that the war has had a severe impact on the bank in every way.

In an interview with *Hawas*, he mentioned that even banks with stress-testing policies had never encountered a scenario like this, leaving them with no prior experience to guide them. The situation was further complicated by security threats and the breakdown of communication systems. Despite this, they implemented emergency plans to stabilize the bank and operate all branches via the network, relocating the data center to Shendi.

He added that they focused on attracting deposits, accepting them as trusts via paper-based systems, and ensured there were no issues with cash withdrawals despite the shortage of banknotes. They began accepting all denominations, even the smallest, and intensified work on weekends and evenings. Furthermore, they agreed with the Central Bank to buy foreign currency from banks instead of selling it to the parallel market traders. They also strengthened ties with the Abu Dhabi branch, setting up a window at the Port Sudan branch, benefiting both sides.