News & Press Release

  • Bank of Khartoum acquires the shares of Etisalat Group in Canar Telecommunication Company Limited

    Bank of Khartoum announces that it has successfully completed the purchase of the shares of Emirates Telecommunications Group Company PJSC ( “Etisalat Group” ) in Canar Telecommunication Company Limited ( ” Canar ” ), the shares which represents 92.3 % of the Company’s ownership have been acquired by the bank after securing all regulatory approvals from the governing authorities.

    The integral association between the technological development in the banking sector and its close link with the technology and telecommunications sector in this day and age made this investment a strategic step for the bank. The significance of Canar shares comes for what it represents being a successful investment with great expected potential.

    Bank of Khartoum, with a legacy of over 100 years in service and a continuous drive for development and investment in the financial sector aims to further develop Canar ensuring its success and sustainability, and attract investors to secure that continued success and consequently for the benefit and prosperity of the country and the economy.

  • 1st Branch in United Arab Emirates

    Bank of Khartoum announces its 1st branch in United Arab Emirates.

    With long history of great achievements, Bank of Khartoum has announced a marking of another successful milestone in being granted an approval from the Central Bank of the United Arab Emirates to open a branch in Abu Dhabi – UAE, in line with the principles of Islamic Sharia law.

    Bank of Khartoum, largest and the most prestigious financial and banking institution in Sudan promises success in the UAE. In 2015,the bank achieved 24.15% return on equity, 3.31% return on assets with a balance sheet asset size of an equivalent of US $1.9 billion. Moreover, the bank achieved a (AA-) rating for its fifth consecutive year by Islamic International Rating Agency (IIRA) and considered the only bank that has been de-listed from OFAC SDN list since April 2011.

    Bank of Khartoum’s shareholders are leading regional Islamic and financial institutions lead by Dubai Islamic Bank, Islamic Development Bank Jeddah, Abu Dhabi Islamic Bank along with many other
    prominent Sudanese and Regional businessmen. The bank has pioneered and contributed to the development of many Islamic products and banking services. The most significant initiative of the
    bank had been the establishment of IRADA Islamic Microfinance institution in partnership with Islamic Development Bank Jeddah.

    The approval of the Central Bank of the United Arab Emirates, CEO of Bank of Khartoum illustrated is a key milestone for the bank’s strategy in itself and an external presence outside Sudan. He further explained that the branch will provide a bouquet of Islamic products and services to Retail and Commercial customers.

  • BOK Organizes Second International Forum on  Islamic Finance

    Tuesday, February 9, 2016 witnessed the Launching of the Second International Forum on Islamic Finance held in Khartoum at Al Salam Rotana with a strategic partnership, initiation and support from Bank Of Khartoum, with the honorable presence of H.E. the First Vice-President of the Republic First Lieutenant General Bakri Hassan Saleh, The Governor of the Central Bank of Sudan Mr. Abdul Rahman Hassan and Chief Executive Officer of Bank of Khartoum Group, Mr. Fadi Salim Al Faqih, with the participation of an array of Islamic banking industry of global experts and leaders in addition to renowned leaders of financial and banking institutions in the country.

    The forum discussed focused on topics, practices and solutions which should increase financial inclusion, promote expansion and presence of Islamic banks in especially in the categories with the low banking awareness and the eye towards potentialities of entering the Islamic capital into the Islamic banks in Africa.

    It’s worth mentioning that Bank of Khartoum has been the instigator and strategic partner of the Forum since its inception in 2014 as its the oldest and largest Islamic banking institution in the country and the first organization to create a private microfinance institution sector in Sudan, which helped support the concept of financial inclusion and the spread of variety and tech advancement banking services.

  • Bank of Khartoum, to establish First Overseas Branch Office in Bahrain

    Bank of Khartoum (BOK), the leading Islamic financial institution in Sudan, announced today that it is in the process of establishing its first overseas branch office in the Kingdom of Bahrain, to be known as Bank of Khartoum-International (BOK-I). The Central Bank of Bahrain issued BOK-I with an Islamic wholesale bank branch licence on 9 November 2015. Following subsequent compliance with local legal and regulatory requirements, the branch office is expected to commence operations during the first quarter of 2016.

    Speaking on the sidelines of the World Islamic Banking Conference, Mr. Fadi Salim Al Faqih, BOK Board Member and Group CEO, said: “The establishment of our first overseas branch in Bahrain is a highly significant milestone for Bank of Khartoum. It serves to illustrate our transformational strategy to expand our geographic footprint outside Sudan, and further strengthen ties with the GCC region. We chose the Kingdom of Bahrain due to its status as the Islamic hub of the GCC and MENA; and the pioneering reputation of the Central Bank of Bahrain for the highest standards of regulation and transparency in the region.”

    Established in 1913, Bank of Khartoum (BOK) is the leading Islamic financial institution in Sudan and the country’s longest-established bank, with operations spanning more than 100 years. With its roots deeply integrated in the country, BOK has been a primary supporter and driver of the nation’s economic and social development over the past century. Today, BOK is the bank of choice in Sudan for local corporates, multinational corporations, the United Nations, non-governmental organisations, embassies and consumers. Its global correspondent banking partnership network comprises international and regional banks from the UK, Europe, the Middle East and Asia.

    BOK has the distinction of being the only financial institution in Sudan that is not on the sanctions list of the U.S. Office of Foreign Assets Control (OFAC). It is also the first bank in Sudan to be rated by the Islamic International Rating Agency (IIRA), which has conferred ‘AA-’ (long-term) and ‘A-1’ (short-term) ratings and a ‘Stable’ outlook. As of December 2014, the total equity of BOK was SDG 860 million (c. US$ 140 million). The Bank has over 1,400 employees, operating through 76 branches and the widest ATM/CDM network covering more than 200 locations.

    As the largest banking group in Sudan in terms of capital and market share, BOK provides a full range of products and services covering corporate, retail and investment banking, treasury and microfinance. The Bank’s pioneering IRADA microfinance business was established in 2009 in partnership with Islamic Development Bank. Now a leader in its field, IRADA provides support for entrepreneurial low-income Sudanese nationals to undertake and expand income-generating activities that will create sustainable livelihoods and generate employment. BOK also owns six subsidiaries engaged in trade, foreign exchange, brokerage, consumer finance, commercial real estate, and cash and valuables transit.

    Mr. Nabeel Ebrahim Al Tattan has been appointed Chief Executive Officer of Bank of Khartoum-International. With over 26 years’ professional experience covering banking and real estate, he has held senior management positions with prominent regional Islamic financial institutions such as Arcapita, Al Salam Bank and Venture Capital Bank. He previously worked for Shuaa Capital and Securities & Investment Company (SICO), having started his career with Arab Insurance Group. Mr. Al Tattan is a Chartered Financial Analyst, and holds a BSc degree in Business Administration from Husson University, Maine, USA.

    “BOK-I aims to become a prominent wholesale banking solutions provider in Bahrain, recognized for offering innovative Sharia-compliant products and services. The Branch will focus predominantly on trade finance, treasury, deposit generation, syndicated lending and correspondent banking, with a commitment to exceptional service quality,” explained Mr. Al Tattan.

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    Over 100 Years of Serving Sudan (1913 – 2015)

    Bank of Khartoum (BOK) is Sudan’s leading and largest Islamic Bank, offering its customers a full range of innovative financial products and services. Bank of Khartoum is also the oldest bank in the nation; established in 1913 by the Anglo-Egyptian regime. In 1925 it was renamed Barclays Overseas Bank and renamed Barclays Bank in 1954.The international best practice processes and procedures that were instilled by Barclays during this time remain within the bank’s culture today. In 1970, the Bank was nationalized by the Sudanese Government and from 1982-2002 it led the consolidation of the banking sector acquiring several local and regional banks. In 2001, BOK was privatized, and institutionalized its shareholding structure. Dubai Islamic Bank (DIB), first and leading regional Islamic Bank headquartered in the United Arab Emirates, is the primary shareholder. DIB brought with it a strong and proficient management team with international banking experience. The other institutional shareholders are also pioneers in regional Islamic banking and include Islamic Development Bank; Abu Dhabi Islamic Bank; Sharjah Islamic Bank; Etisalat and local and regional investors.

    BOK offers services to Corporate, Retail, SME, Microfinance and Investment Business Segments. It also owns various subsidiaries in Trade, Exchange, Brokerage, and Commercial Real Estate (WAHA – biggest mall in Sudan). The equity of the bank as of December 2014 is SDG 860 million (approximately USD 138 Million USD and USD Billon USD balance sheet). Headquartered in Khartoum, BOK has 1400 employees.

    BOK is the pioneer of true Retail banking in Sudan. It is by far, the market leader, with the largest and most cohesive range of products and services and ever expanding, delivery channel network which includes 100 branches / Cash Offices and  the largest ATM and CDM network and only bank to have over 200 ATMs / CDMs.

    Retail offers full product menu which includes Auto Finance, Home Finance, Education Finance, Durable Finance, Wedding Finance, Takaful, Discount Plus (Loyalty Program), Supplementary Card, Premier Banking, Current and Savings Account and Fixed Term. BOK have recently launched 1st ever Kids Branch to target the young generation and promote “Savings” amongst the kids by offering higher return on their deposits.

    BOK is extremely technology driven and offer full e-banking solutions like Mobile Banking, Internet Banking, SMS Alerts etc. The range of channels, services, e-solutions and products continuously grows.

    BOK is expanding internationally and recently received Wholesale Banking license approval to open its 1st branch in Bahrain which is as per bank’s  2014 -2016 strategy to expand internationally

    BOK have future plan to expand its operation in Africa and spread Islamic Banking experience as Sudan is the only country in Africa (2nd in the world!) which is practicing 100% Islamic Banking.

    For the award acceptance quote, you can use the below text which is done by me and you can put my name as after our CEO, I am authorize spokesperson for the bank:

    “All of us at Bank of Khartoum, are delighted to be honoured by the Critics’ Choice Award Committee as the Best Islamic Retail Bank in Sudan. We  are the oldest (Estd. 1913) , biggest and largest bank in Sudan and the only bank from Sudan among Top 100 Banks in Africa as per the latest rating by African Business Magazine.

    2015 has been another successful year for the Bank and we continue to achieve record growth in numbers, maintaining an exemplary average growth of 25% yearly, in the last 8 years. The Bank has shown strong revenue growth also, surpassing 2014 numbers and is well on its way to making record profits.

    Retail Banking remains the core focus area for our Bank and we will continue to expand our branch and ATM network. We are also committed to enhance our current e-banking offerings and introduce more innovative products and services to offer even better solutions to our customers in 2016.”

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    Congratulations to Bank of Khartoum.. Best Bank in Sudan

    27 April 2015
    27 April 2015 – Cairo ,Egypt was a night where Bank of Khartoum Management and some of its rising Employees were honor guests who shone in the World Union of Arab Bankers Event .. “The Arab Banking Executive Awards 2015” Hosted top banks from all Arab Countries in a night that celebrated the banking sector’s finest ..Bank of Khartoum was there and well represented by The CEO Mr. Fadi Al Faqih , BOK Head of Treasury and Investment Mr. Khaled Zada and BOK Head of International Business Development Mr. Jalel Baklouti. In addition to six of BOK diligent and aspiring staff .

    The Bank has as we always aspire reached a new recognition and we congratulate all BOK Management,, Employees,, Clients and Stake Holders for this success and with God’s will and our hard work more is yet to come.

  • Leading Bank using Dialogic Power Media with OneView Apps by ZRG to achieve customer satisfaction with efficiency


    This article provides a ZRG success story of a 150 seat financial contact center deployment at Bank of Khartoum (BOK), the largest bank in Sudan. BOK was planning on rolling out a wide range of innovative products and services. BOK’s goal was to create an edge by offering innovative ways of delivering the services resulting in higher customer satisfaction.

  • BOK Launches it’s First ever Mobile Money Services

    10th August 14, Bank of Khartoum launched first ever mobile money services in Sudan. The service is called Hassa which means “NOW” in English and is launched by Bank of Khartoum with Telecom operator Zain. Bank of Khartoum (BOK) is Sudan’s oldest (over 100 year old!, 1913 – 2014!) and largest Islamic Bank offering its customers a full range of innovative financial products and services. For more info on bank, kindly visit

    The service allows any registered Hassa mobile account customer in Sudan to conduct a wide range of financial transactions by using their mobile phone or by visiting Hassa Shops. Customers can use Hassa Shops or Bank of Khartoum ATMs to deposit cash, make withdrawals from their Mobile Accounts. Using Hassa mobile accounts they can send or receive money, pay their utility bills, purchase mobile air time anytime anywhere.

    Speaking to the press, Mr. Fadi Salim Al Faqih, CEO of Bank of Khartoum said, “We believe that technology will allow us to increase the financial inclusion in an environment where only 15% of adult population is formally served with financial services on the other hand mobile phone penetration is 75%. Hassa will provide easy, instant and convenient access to financial services through any mobile phone and improve lives.” He further added that this service is available around the clock. In addition, it simplifies the fiscal operations to the masses at anytime without the restriction of holidays or limited banking hours. The service is provided at low cost to suit all segments of society.

    Mr. El Faithi Erwa, MD and Executive Director of ZAIN Telecom stated that “he is delighted to be a part of next generation service called Hassa which came to reality after corporation between Bank of Khartoum and Zain Telecom. The corporation between both organizations has existed for many years and now is crowned by launching this unique service which will be a leap in the sector of electronic services”.

    Mobile money has shown tremendous popularity and growth all over the world with 245 live deployments and another 113 deployment to come in next few years. Africa currently contributes around 60% of overall deployments and Hassa is the latest entrant in the world of mobile money.

    Africa is largely unbanked and Sudan is no different. With the launch of Hassa service, Bank of Khartoum is targeting the unbanked and converting the existing un-official means of money transfer (airtime transfer) into a formal channel of mobile money. Hassa service will also be helping the growing microfinance sector and is available across Sudan.

    Hassa service by bank of Khartoum is primed to take over large unbanked population of Sudan and overall help the economy of the country by bringing the money into financial channels.

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    Best Retail & Best Microfinance Bank 2014


    Another proud moment for us, Bank of Khartoum awarded as Best Retail Bank and Best Microfinance Bank in East Africa!!!

    Kindly see the link below for more info.

  • The Bank of Khartoum: Innovation in Islamic Microfinance


    Where once there was barren land, the Bank of Khartoum invests in greenhouse projects and collaborates with cooperatives made up of Sudan’s poor, unemployed and recent graduates to farm new crops and create opportunities for cooperative members. For the Bank of Khartoum, offering Sharia-compliant financial products is a central element as part of these projects to reach small-scale farmers.

    Sharia-compliant banking offers a profit-sharing model for its members, as it prohibits the acceptance of specific interest or fees for loans or money. This method of banking has made significant changes in the lives of its cooperative members. One man has used his farming profits so far to purchase three goats, a refrigerator, and a television for his family. A woman farmer made enough of a profit through her farming cooperative that she was able to contribute with her family to her wedding.

    “Islamic banking is about how much you can contribute to the market, rather than being just an intermediary and taking a cut from the profit,” says Fadi Salim Al Faqih, CEO of the Bank of Khartoum.

    For such Sharia-compliant products serving the poor, the Bank of Khartoum was recognized as one of three finalists in the Islamic Microfinance Challenge. The Consultative Group to Assist the Poor, CGAP, partnered with the Islamic Development BankAl Baraka Banking Group, and Triple Jump to sponsor this global contest aimed at spurring innovation and scaling up Islamic financial products. The idea behind the Islamic Microfinance Challenge is to encourage microfinance providers to broaden their range of Islamic microfinance products and, in doing so, find new ways to serve Muslim microfinance clients.

    With an estimated 650 million Muslims living on less than $2 a day, examples like the Bank of Khartoum show that Islamic

  • BOK’s profile on LinkedIn!


    We are proud to announce the creation of Bank of Khartoum’s profile on LinkedIn!

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    Bok GM to Alsharq Alawsat


    Fadi Al Faqih
    Chief Executive Officer
    Bank of Khartoum in Alshroug TV Channels


    Fadi Al Faqih Chief Executive Officer
    Bank of Khartoum in Alshroug TV Channels
    10 June 2013

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    Alwaha Inaugration


    Alwaha Inaugration

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  • Central Bank of Sudan Press Release

    The Governor Of The Central Bank Meets With A Delegation From The Board Of Directors Of Bank Of Khartoum And The Acting-General Manager Of The Bank



    H.E. Dr. Mohamed Khair Al-Zubair, Governor of the Central Bank of Sudan was briefed on the progress and plans of Bank of Khartoum to promote and develop its business and operations on all fronts both internally and externally.


    This came during a meeting with a delegation from the Board of Directors of Bank of Khartoum and the Acting-General Manager of the Bank. The Governor praised the vital role played by Bank of Khartoum in all fields,

    Giving emphasis on the bank’s positive contribution and efforts especially, in the foreign trade and electronic banking segments implementation and development.  His Excellency also, expressed his appreciation for the great efforts exerted by the Board of Directors and the Executive Management in coordination with the Central Bank to expand the network of correspondents abroad and to enhance the utilization of the Bank’s branches in the Gulf States.

    Central Bank Information

  • U.S. Embassy Staff Open Bank Accounts With U.S. Dollars

    Following the establishment of the Civilian-Led Transitional Government several American staff members of the Embassy of the United States in Khartoum decided to use U.S. dollars to open accounts at the Bank of Khartoum. This will allow the staff to participate more fully in the Sudanese economy. Restrictions on Americans banking in Khartoum have been gone since October 2017. The recent changes prompted the American staff to open the bank accounts now.

  • Bank of Khartoum launches Mosquito net distribution

    Campaign in Floods and Rains affected areas in Sudan

    As a part of BOK successful continuous CSR initiatives, BOK launched for the 4th consecutive year the mosquito nets campaign in the areas affected by rain and floods in Sudan.

    The Acting CEO, Mr. Kashif Naeem stated in the launching campaign: “The relationship between Bank of Khartoum and the Sudanese society is deeply rooted and embedded in the business and culture of BOK and its employees as realized heritage of being part of the Sudanese society since 1913 which made the bank an integral player in both the business and society. This has transpired through the Bank’s continuous contributions to participate to social needs and requirements and to provide a helping hand to all society segments throughout the various states of Sudan, alongside working to develop the national economy and raise the efficiency and productivity of the individuals and communities.  Such Initiatives reflects BOK’s leading role in the field of social responsibility and complements its institutional approach in developing performance and increasing efficiency in the field focus mainly on initiatives that directly benefit communities.

    He continued : “Bank of Khartoum is one of the leading banks in both the banking and community work, the distribution of mosquito nets was timely due to the significant damage caused to a number of areas and residential neighborhoods as a result of the floods which  hit the country last month, He added  : ‘’ The project aims to reduce the health effects  which may result  from the situation on the most affected areas by providing assistance to Citizens directly in coordination with the civil society organizations. He renewed the commitment of Bank of Khartoum to continue its efforts in implementing service projects for the community along with providing advanced banking services in all states of Sudan.

    It’s worth mentioning that the Bank of Khartoum has increased the number of mosquito nets for this year by 25% to cover the increased needs for this year and to help cover the largest possible number of families affected.



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    The invitation to the Annual General Meeting