{"id":17400,"date":"2024-04-02T04:04:45","date_gmt":"2024-04-02T01:04:45","guid":{"rendered":"https:\/\/sudanevents.com\/?p=17400"},"modified":"2024-04-02T04:04:45","modified_gmt":"2024-04-02T01:04:45","slug":"al-neelain-bank-former-bod-chairman-banks-will-not-go-bankrupt","status":"publish","type":"post","link":"https:\/\/sudanevents.com\/index.php\/2024\/04\/02\/al-neelain-bank-former-bod-chairman-banks-will-not-go-bankrupt\/","title":{"rendered":"Al-Neelain Bank Former BOD Chairman: Banks will not \u201cGo Bankrupt\u201d"},"content":{"rendered":"<p><strong>Sudan Events &#8211; Rehab Abdullah<\/strong><\/p>\n<p>The former Chairman of the Board of Directors of Al-Neelain Bank, the economic expert, Dr. Babekir Mohammad, refuted the expectations of some that the banks would go bankrupt or be liquidated.<br \/>\nIn his statement to Al-Ahdath, he said, \u201cNo bank will go bankrupt,\u201d stressing that the compensation that comes after the war includes supporting banks whose assets are the funds of individuals.<br \/>\nHe pointed out that the Central Bank of Sudan plays a major role in directing the banking sector to hedge risks and proper procedures in dealing with the assets of banks, in addition to obliging banks to provide a reserve of not less than 20% as a precaution against risks and exposure to bankruptcy.<br \/>\nAl-Tom added that what happened in Sudan and the impacts of the damned war require understanding that the entire economy needs a closer look, rearranging the papers, and a comprehensive reconstruction plan that will put the entire economy back on its right track.<br \/>\nHe stated that the Bank of Sudan must study the matter carefully and develop a vision that will reconcile the conditions of the banks as part of the national reconstruction plan\u2026 Not for bankruptcy.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Sudan Events &#8211; Rehab Abdullah The former Chairman of the Board of Directors of Al-Neelain Bank, the economic expert, Dr. Babekir Mohammad, refuted the expectations of some that the banks would go bankrupt or be liquidated. In his statement to Al-Ahdath, he said, \u201cNo bank will go bankrupt,\u201d stressing that the compensation that comes after &hellip;<\/p>\n","protected":false},"author":3,"featured_media":17404,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[18],"tags":[],"class_list":["post-17400","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-economic"],"_links":{"self":[{"href":"https:\/\/sudanevents.com\/index.php\/wp-json\/wp\/v2\/posts\/17400","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/sudanevents.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/sudanevents.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/sudanevents.com\/index.php\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/sudanevents.com\/index.php\/wp-json\/wp\/v2\/comments?post=17400"}],"version-history":[{"count":1,"href":"https:\/\/sudanevents.com\/index.php\/wp-json\/wp\/v2\/posts\/17400\/revisions"}],"predecessor-version":[{"id":17405,"href":"https:\/\/sudanevents.com\/index.php\/wp-json\/wp\/v2\/posts\/17400\/revisions\/17405"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/sudanevents.com\/index.php\/wp-json\/wp\/v2\/media\/17404"}],"wp:attachment":[{"href":"https:\/\/sudanevents.com\/index.php\/wp-json\/wp\/v2\/media?parent=17400"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/sudanevents.com\/index.php\/wp-json\/wp\/v2\/categories?post=17400"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/sudanevents.com\/index.php\/wp-json\/wp\/v2\/tags?post=17400"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}