Sudan Events – Rehab Abdullah
The Governor of the Central Bank of Sudan, Barai Sadiq Ali, reaffirmed the government’s commitment to the set timeframe for currency exchange, running from December 10 to December 23, with no extensions. He anticipated increased account openings and higher bank deposits as the deadline approaches.
During an inspection visit, accompanied by the Chair and members of the High Security Committee for Currency Exchange, the governor visited seven banks: Nilein Bank, Sudanese French Bank, Sudanese Islamic Bank, Al Baraka Bank, Commercial Real Estate Bank, Sudanese National Bank, and Workers’ National Bank.
The governor reviewed the progress of currency exchange operations and ensured the banks were implementing the Central Bank’s recent directives to facilitate a smooth process. He stressed simplifying account-opening procedures, accelerating processing times, and mobilizing bank employees to deliver comprehensive services. Additionally, he emphasized the importance of electronic banking services, including mobile applications and remote account opening options.
The governor directed banks to use counterfeit detection machines to prevent the circulation of fake banknotes.
He likened the currency exchange initiative to a battle on the economic front, supporting the Armed Forces in the Battle for Dignity. He assured that all necessary measures for the success of the operation were in place and revealed instances of counterfeit currency being detected in customer deposits.
Speaking at the Police Headquarters in Port Sudan on Sunday, the governor provided an update to Major General Police Officer Kambal Hussein Kambal, head of the Security Committee, and other members. He detailed his visits to banks, where decisions were made on-site to ensure the project’s success. He highlighted the continuous coordination between the Central Bank and related entities to achieve the exchange’s objectives.
The governor urged banks to be diligent in identifying counterfeit notes among the old currency batches. He expressed confidence in growing account openings and deposits as citizens respond to the exchange process, reiterating that the government is fully committed to the timeline with no extensions.
The governor concluded with an assurance to citizens in regions not covered by the exchange process, emphasizing that their money remains safe.
For his part, Major General Kambal welcomed the governor, affirming that the currency exchange initiative is a national project requiring collective efforts to meet its goals.
