Upgrade of Bank of Sudan’s Shares in Dubai Financial Market

Sudan Events – Follow-ups

The Dubai Financial Market (DFM) in the UAE has announced the upgrade of Bank of Sudan’s shares from the second category to the first category, effective from Thursday.

The DFM stated in a press release that the decision to upgrade the bank’s shares was based on a decrease in the bank’s accumulated losses to less than 50% of its capital, according to its annual financial data for the year 2024.

It is worth mentioning that the accumulated losses of Bank of Sudan amount to 33.4 Sudanese pounds, which is equivalent to 10.3% of the bank’s capital.