Buffalo Commercial Bank
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Buffalo Commercial Bank
Buffalo Commercial Bank (BCB) is a commercial bank in South Sudan. It is one of the commercial banks licensed by the Bank of South Sudan, the national banking regulator. Overview The bank is an indigenous South Sudanese financial institution, serving the banking needs of the people and businesses of this part of the world. It is a small but growing private commercial bank headquartered in Juba, the capital and largest city in South Sudan. History Buffalo Commercial Bank was established in 2008, following the cessation of hostilities between Sudan and South Sudan and the signing of the Comprehensive Peace Agreement (CPA) in Naivasha, Kenya, in 2005. Ownership The bank's stock is privately owned. , the detailed shareholding is not publicly known. Branch network The branch network of the bank include the following locations: # Malakia Branch - Juba # Juba Market Branch - Juba Main Branch # Wazarat Branch - Ministerial Premises, Juba # Wau Branch - Wau Governance The Bank is ...
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Juba, South Sudan
Juba is the capital and largest city of South Sudan. The city is situated on the White Nile and also serves as the capital of the Central Equatoria State. It is the most recently declared national capital and had a population of 525,953 in 2017. It has an area of , with the metropolitan area covering . Juba was established in 1920–21 by the Church Missionary Society (CMS) in a small Bari village, also called Juba. The city was made as the capital of Mongalla Province in the late 1920s. The growth of the town accelerated following the signing of the Comprehensive Peace Agreement in 2005, which made Juba the capital of the Autonomous Government of Southern Sudan. Juba became the capital of South Sudan in 2011 after its independence, but influential parties wanted Ramciel to be the capital. The government announced the move of the capital to Ramciel, but it is yet to occur. History Under the Khedivate of Egypt, Juba served as the southernmost garrison of the Egyptian army ...
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Comprehensive Peace Agreement
The Comprehensive Peace Agreement (CPA, ), also known as the Naivasha Agreement, was an accord signed on 9 January 2005, by the Sudan People's Liberation Movement (SPLM) and the Government of Sudan. The CPA was meant to end the Second Sudanese Civil War, develop democratic governance countrywide, and share oil revenues. It also set a timetable for a Southern Sudanese independence referendum. The peace process was encouraged by the Intergovernmental Authority on Development (IGAD), in addition to a "troika" of donor countries comprising the United States, United Kingdom, and Norway. Components The process resulted in the following agreements (also referred to as protocols): * The Machakos Protocol (or Chapter I), signed in Machakos, Kenya on 20 July 2002. Agreement on broad principles of government and governance. * The Protocol on Power Sharing (or Chapter II), signed in Naivasha, Kenya on 26 May 2004 * The Agreement on Wealth Sharing (or Chapter III), signed in Na ...
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Banks Of South Sudan
A bank is a financial institution that accepts Deposit account, deposits from the public and creates a demand deposit while simultaneously making loans. Lending activities can be directly performed by the bank or indirectly through capital markets. As banks play an important role in financial stability and the economy of a country, most jurisdictions exercise a high degree of Bank regulation, regulation over banks. Most countries have institutionalized a system known as fractional-reserve banking, under which banks hold liquid assets equal to only a portion of their current liabilities. In addition to other regulations intended to ensure accounting liquidity, liquidity, banks are generally subject to minimum capital requirements based on an international set of capital standards, the Basel Accords. Banking in its modern sense evolved in the fourteenth century in the prosperous cities of Renaissance Italy but, in many ways, functioned as a continuation of ideas and concepts o ...
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Economy Of South Sudan
South Sudan became the world's newest country and Africa's 55th nation on 9 July 2011. The South Sudanese Civil War, which started in December 2013, undermined economic development achieved since independence, making humanitarian work difficult to conduct within the country. As such, South Sudan is facing economic Economic stagnation, stagnation and instability in its first 10 years after independence. Moreover, poverty is widespread throughout the country as a result of inter-communal conflict, displacement, and the negative effects of the war in Sudan on the country's oil industry. The economy of South Sudan is $3.681 billion by gross domestic product as of 2019, being one of the most Petroleum, oil dependent economies in the world, with 98% of government's annual operating budget and 80% of its gross domestic product (GDP) derived from oil, despite being endowed with adequate natural resources. It has a very fertile agricultural land and vast quantities of livestock. The livest ...
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Central Bank Of South Sudan
The Bank of South Sudan (BoSS) is the central bank of the Republic of South Sudan. Established in July 2011, by an Act of Parliament (The Bank of South Sudan Act, 2011), it replaced the now defunct Bank of Southern Sudan, a former branch of the Bank of Sudan, which had served as the central bank of South Sudan, during the period between February 2005 until July 2011. The bank is fully owned by the Government of South Sudan. Agreements and Memorandums The Bank of South Sudan and Ministry of Finance and Planning have signed a Memorandum of understanding to improve liquidity and operational cash management by reducing dependency on physical cash and promoting digital transactions.Eye Radio The document was signed by Central Bank's 1st Deputy Governor Samuel Yanga Mikaya and Finance's 1st Undersecretary Malual Tap Dieu. Location The bank maintains its headquarters in the city of Juba, the capital of South Sudan, with branches in the towns of Wau, Yei and Malakal. Organization ...
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List Of Banks In South Sudan
This is a list of commercial banks in South Sudan, as updated by late 2024 by the Bank of South Sudan. * African National Bank * Afriland First Bank South Sudan, part of Afriland First Bank Group * Agricultural Bank of South Sudan * Buffalo Commercial Bank * Charter One Bank South Sudan * Commercial Bank of Ethiopia South Sudan, part of Commercial Bank of Ethiopia Group * Cooperative Bank of South Sudan * Ecobank South Sudan, part of Ecobank Group * Eden Commercial Bank * Equity Bank South Sudan Limited, part of Equity Group * International Commercial Bank * Ivory Bank * KCB Bank South Sudan Limited, part of KCB Group * Kush Bank Plc * Liberty Commercial Bank * Mountain Trade and Development Bank * National Credit Bank * Nile Commercial Bank * Opportunity Bank South Sudan, affiliated with Opportunity International * National Investment and Development Bank South Sudan * People's Bank Plc * Phoenix Commercial Bank * Qatar National Bank, part of QNB Group * Regent African Bank ...
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Chairman
The chair, also chairman, chairwoman, or chairperson, is the presiding officer of an organized group such as a board, committee, or deliberative assembly. The person holding the office, who is typically elected or appointed by members of the group or organisation, presides over meetings of the group, and is required to conduct the group's business in an orderly fashion. In some organizations, the chair is also known as '' president'' (or other title). In others, where a board appoints a president (or other title), the two terms are used for distinct positions. The term chairman may be used in a neutral manner, not directly implying the gender of the holder. In meetings or conferences, to "chair" something (chairing) means to lead the event. Terminology Terms for the office and its holder include ''chair'', ''chairman'', ''chairwoman'', ''chairperson'', ''convenor'', ''facilitator'', '' moderator'', ''president'', and ''presiding officer''. The chair of a parliamentary chamb ...
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Board Of Directors
A board of directors is a governing body that supervises the activities of a business, a nonprofit organization, or a government agency. The powers, duties, and responsibilities of a board of directors are determined by government regulations (including the jurisdiction's corporate law) and the organization's own constitution and by-laws. These authorities may specify the number of members of the board, how they are to be chosen, and how often they are to meet. In an organization with voting members, the board is accountable to, and may be subordinate to, the organization's full membership, which usually elect the members of the board. In a stock corporation, non-executive directors are elected by the shareholders, and the board has ultimate responsibility for the management of the corporation. In nations with codetermination (such as Germany and Sweden), the workers of a corporation elect a set fraction of the board's members. The board of directors appoints the ch ...
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Wau, South Sudan
Wau (; also known as Wow, Waw, or Wau Town) is a town, locally referred to as a city, in northwestern South Sudan on the western bank of Jur River. It is the capital of Western Bahr el Ghazal region in South Sudan. It lies approximately northwest of the capital, Juba. It is a diverse small urban center (town) and a trading hub. The city has been a municipality since 2012 and is governed by a mayor who the state governor usually appoints. The city comprises several neighborhoods including Nazareth, Hai Fahal, Sika Hadid, and Daraja. History Wau was initially established by the French as Fort Desaix and later was established as a '' zariba'' (fortified base) by slave-traders in the 19th century. During the time of condominium rule, the city became an administrative center. One of the first insurgent Anyanya attacks on the Sudanese Armed Forces (SAF) took place at the Wau barracks in January 1964. During the Second Sudanese Civil War, Wau remained a SAF garrison town. I ...
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Juba, Southern Sudan
Juba is the capital and largest city of South Sudan. The city is situated on the White Nile and also serves as the capital of the Central Equatoria State. It is the most recently declared national capital and had a population of 525,953 in 2017. It has an area of , with the metropolitan area covering . Juba was established in 1920–21 by the Church Missionary Society (CMS) in a small Bari village, also called Juba. The city was made as the capital of Mongalla Province in the late 1920s. The growth of the town accelerated following the signing of the Comprehensive Peace Agreement in 2005, which made Juba the capital of the Autonomous Government of Southern Sudan. Juba became the capital of South Sudan in 2011 after its independence, but influential parties wanted Ramciel to be the capital. The government announced the move of the capital to Ramciel, but it is yet to occur. History Under the Khedivate of Egypt, Juba served as the southernmost garrison of the Egyptian army, qua ...
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Stock
Stocks (also capital stock, or sometimes interchangeably, shares) consist of all the Share (finance), shares by which ownership of a corporation or company is divided. A single share of the stock means fractional ownership of the corporation in proportion to the total number of shares. This typically entitles the shareholder (stockholder) to that fraction of the company's earnings, proceeds from liquidation of assets (after discharge of all Seniority (financial), senior claims such as secured and unsecured debt), or Voting interest, voting power, often dividing these up in proportion to the number of like shares each stockholder owns. Not all stock is necessarily equal, as certain classes of stock may be issued, for example, without voting rights, with enhanced voting rights, or with a certain priority to receive profits or liquidation proceeds before or after other classes of Shareholder, shareholders. Stock can be bought and sold over-the-counter (finance), privately or on ...
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Kenya
Kenya, officially the Republic of Kenya, is a country located in East Africa. With an estimated population of more than 52.4 million as of mid-2024, Kenya is the 27th-most-populous country in the world and the 7th most populous in Africa. Kenya's capital and largest city is Nairobi. Its second-largest and oldest city is Mombasa, a major port city located on Mombasa Island. Other major cities within the country include Kisumu, Nakuru & Eldoret. Going clockwise, Kenya is bordered by South Sudan to the northwest (though much of that border includes the disputed Ilemi Triangle), Ethiopia to the north, Somalia to the east, the Indian Ocean to the southeast, Tanzania to the southwest, and Lake Victoria and Uganda to the west. Kenya's geography, climate and population vary widely. In western, rift valley counties, the landscape includes cold, snow-capped mountaintops (such as Batian, Nelion and Point Lenana on Mount Kenya) with vast surrounding forests, wildlife and ...
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