The Agricultural Bank Of Sudan

The law establishing the ABS was issued on 17 June 1957 and the Bank began its actual activity in 1959. The business work of the Bank has developed since then (about 58 years ago) ) and it became a comprehensive banking institution, and one of the most important pillars of the Sudanese banking sector, which effectively contributes to the advancement of agricultural development and growth of the GDP of the country. It is wholly owned by the Government and is a member of the Bank Deposit Guarantee Fund. The ABS capital is mutually contributed by the Central Bank of Sudan and the Federal Ministry of Finance and Economic Planning. The authorized capital in Sudanese pounds (5.000.000.000) SDs Sudanese pounds.