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Nile Commercial Bank
Nile Commercial Bank (NCB) is a commercial bank in South Sudan. It is one of the commercial banks licensed to operate in South Sudan, by the Bank of South Sudan, the national banking regulator. The bank is an indigenous South Sudanese commercial bank. Of all the commercial banks licensed in South Sudan, it has the largest number of branches at 20. The bank is affiliated with Stanbic Bank, a division of Standard Bank of South Africa. History The bank was started in 2003 by South Sudanese individuals. The number of investors in the bank grew to exceed 1,700 individuals and the banks branch network grew to over twenty. In April 2009, it was reported that the bank had run out of cash, as a result of non-performing loans made to officials in the Government of South Sudan (GOSS). The bank was temporarily closed in 2009 while the bad loans were being recovered. In September 2009, Nile Commercial Bank received a capital injection of 102 million Sudanese Pounds (approximately US$44 millio ...
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Private Company
A privately held company (or simply a private company) is a company whose shares and related rights or obligations are not offered for public subscription or publicly negotiated in the respective listed markets, but rather the company's stock is offered, owned, traded, exchanged privately, or over-the-counter. In the case of a closed corporation, there are a relatively small number of shareholders or company members. Related terms are closely-held corporation, unquoted company, and unlisted company. Though less visible than their publicly traded counterparts, private companies have major importance in the world's economy. In 2008, the 441 largest private companies in the United States accounted for ($1.8 trillion) in revenues and employed 6.2 million people, according to ''Forbes''. In 2005, using a substantially smaller pool size (22.7%) for comparison, the 339 companies on '' Forbes'' survey of closely held U.S. businesses sold a trillion dollars' worth of goods and services ...
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Standard Bank Of South Africa
Standard Bank Group Limited is a major South African bank and financial services group. It is Africa's biggest lender by assets. The company's corporate headquarters, Standard Bank Centre, is situated in Simmonds Street, Johannesburg. History The bank now known as Standard Bank was formed in 1862 as a South African subsidiary of the British overseas bank Standard Bank, under the name The Standard Bank of South Africa. The bank's origins can be traced to 1862, when a group of businessmen led by the prominent South African politician John Paterson formed a bank in London, initially under the name Standard Bank of British South Africa. The bank started operations in 1863 in Port Elizabeth, South Africa, and soon after opening it merged with several other banks including the ''Commercial Bank of Port Elizabeth'', the Colesberg Bank, the British Kaffrarian Bank and the ''Fauresmith Bank''. It was prominent in financing and development of the diamond fields of Kimberley in 1867. Th ...
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Banks Of South Sudan
A bank is a financial institution that accepts 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. Because banks play an important role in financial stability and the economy of a country, most jurisdictions exercise a high degree of 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 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 of credit and lending that had their roots in the anc ...
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Economy Of South Sudan
South Sudan became the world's newest country and Africa's 55th nation on 9th July , 2011. The conflict, 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 stagnation and instability in its 10 years after independence. Moreover, poverty is widespread throughout the country as a result of inter-communal conflict, displacement, and external fear. The economy of South Sudan is $3.681 billion by gross domestic product as of 2019, being one of the most 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 livestock include over 60 million cattle, sheep and goats. Instability, unsatisfactory governance, and corrup ...
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List Of Banks In South Sudan
This is a list of commercial banks in South Sudan. : African National Bank : Afriland First Bank South Sudan : Agricultural Bank of South Sudan : Buffalo Commercial Bank : Charter One Bank South Sudan : Commercial Bank of Ethiopia (South Sudan) : Cooperative Bank of South Sudan : Ecobank South Sudan : Eden Commercial Bank : Equity Bank South Sudan Limited : International Commercial Bank : Ivory Bank : KCB Bank South Sudan Limited : Kush Bank Plc : Liberty Commercial Bank : National Bank of Egypt Juba : Mountain Trade and Development Bank : National Credit Bank : Nile Commercial Bank : Opportunity Bank South Sudan : Southern Rock Bank : People's Bank Plc : Phoenix Commercial Bank : Qatar National Bank : Regent African Bank : Royal Express Bank : South Sudan Commercial Bank : Stanbic Bank South Sudan Limited : Alpha Commercial Bank : Ebony National Bank : St. Theresa Rural Development Bank See also References External links Website of Buffalo Commercial Bank {{Africa to ...
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Bentiu
Bentiu, also spelled Bantiu, is a city in South Sudan and capital of the state of Unity State. Location Bentiu is located in Rubkona County, Unity State, in northern South Sudan, near the international border with the Republic of the Sudan. It lies approximately 654 kilometers (406 miles), by road, northwest of Juba, the capital and largest city in the country. Bentiu sits on the southern bank of the Bahr el Ghazal River that separates it from the town of Rubkona, which sits on the river's northern bank. The two towns are joined by the ''El Salaam Bridge'' that spans the river. This bridge, along with a market, was bombed and partially damaged by North Sudanese MiG-29 bomber airplanes on April 23, 2012, during the Heglig Crisis. At least three people were killed in the raid. Population , the population of Bentiu including entire Rubkona County Payams was estimated at about 100,230. Overview The town was the administrative, political and commercial center of Unity st ...
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Aweil, South Sudan
Aweil is a city in South Sudan and the capital of the Northern Bahr el Ghazal. Location Aweil is located in ''Aweil Centre County'', Aweil State, in northwestern South Sudan, near the International border with the Republic of Sudan and the Abyei Region. This location lies approximately , by road, northwest of Juba, the capital and largest city in the country. The coordinates of Aweil are: 8° 46' 02.00"N, 27° 23' 59.00"E (Latitude: 8.7671; Longitude: 27.3998). Overview Aweil is the capital city of Northern Bahr el Ghazal. It is also the county seat of ''Aweil Centre County''. The city's infrastructure is relatively developed. Aweil now has a functioning railway station, hotel, airport, soccer stadium, and a public hospital. The city functions as a team site for the United Nations Mission in South Sudan. Several NGOs providing aid in South Sudan are based here. The topography is flat and is prone to flooding, although the city itself lies on higher ground that the surrounding ...
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Torit
Torit is a city of Eastern Equatoria State in South Sudan. History On 18 August 1955, the Equatoria Corps mutinied at Torit, starting the First Sudanese Civil War. In 1964 the military government in Khartoum closed "all the Christian mission schools" in the area. Torit was upgraded to Municipality status administered by a mayor on August 19, 2013. Location The city is in Torit County in Eastern Equatoria State, in the southeastern part of South Sudan, close to the international border with the Republic of Uganda. It is approximately east of Juba, the capital and largest city in South Sudan, by road. The coordinates of Torit are: 4° 24' 28.80"N, 32° 34' 30.00"E (Latitude:4.4080; Longitude:32.5750). Population The population of Torit was last estimated at 20,050, in 2004, and, according to census results, 33,657 in 2008. Education Equatoria International University temporarily opened in Torit on 21 June 2019, although the university is building a permanent site south o ...
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Rumbek
Rumbek ( ar, رمبك) is the capital of Lakes State, central South Sudan, and the former capital of the country. Location Rumbek is approximately by road northwest of Juba, the capital and largest city in the country. Its coordinates are and its elevation is above sea level. Overview Rumbek is the headquarters of ''Rumbek Central County'' and is the capital of Western Lakes State, one of the 28 states of South Sudan. Following the peace agreement ending the Second Sudanese Civil War, the Sudanese People's Liberation Movement chose Rumbek to serve as the temporary administrative center of the Government of Southern Sudan. Later, Juba was selected to become the permanent capital. Like most South Sudanese towns, Rumbek suffered significant infrastructural damage during the civil war, in which an estimated 2 million people perished. Population In 2004, the United Nations ( OCHA) estimated the population of "Rumbek County" at about 82,500. At that time, the Dinka Agar co ...
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Renk, South Sudan
Renk is a town in South Sudan. Location Renk is located in Renk County, Eastern Nile State, in the northeastern part of South Sudan, close to the International border with the Republic of Sudan. Its location lies approximately , by road, north of Juba, the capital and largest city in that country. The geographical coordinates of Renk are: Latitude: 11.8300; Longitude: 32.8000. Overview Renk is a small, but growing town, that lies on the eastern banks of the White Nile River. With the attainment of independence by South Sudan, on 9 July 2011, the town is poised to grow in size and economic significance, in the years to come. Climate Population In the 2008, the population of the town was about 69,079. Transportation There is one main road that goes through town. Towards the south it leads, after passing through several smaller towns, to the city of Malakal, in Upper Nile State, South Sudan. Towards the north, the road leads to the twin cities of Rabak and Kosti in White N ...
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Malakal
Malakal is a city in South Sudan. It is the capital of Upper Nile State, South Sudan, along the White Nile River. It also serves as the headquarter of Malakal county and it used to be the headquarter of Upper Nile Region from 1970s to late 1990s. Geography The city of Malakal is located along the White Nile, in upper Nile state, South Sudan, close to the International borders with the Republic of Sudan and with Ethiopia.BritannicaJuba britannica.com, USA, accessed on July 7, 2019 The town is located on the banks of the White Nile, just north of its confluence with the Sobat River. This location lies approximately , by road, directly north of Juba, the capital of South Sudan and the largest city in that county. History Historically, Malakal was known as the former Sobat District which was then divided into Balliet and Akoka counties in the Eastern Bank of White Nile and Northern Sobat River. The Malakal town started as a tiny District administrative unit which later expa ...
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Government Of South Sudan
A government is the system or group of people governing an organized community, generally a state. In the case of its broad associative definition, government normally consists of legislature, executive, and judiciary. Government is a means by which organizational policies are enforced, as well as a mechanism for determining policy. In many countries, the government has a kind of constitution, a statement of its governing principles and philosophy. While all types of organizations have governance, the term ''government'' is often used more specifically to refer to the approximately 200 independent national governments and subsidiary organizations. The major types of political systems in the modern era are democracies, monarchies, and authoritarian and totalitarian regimes. Historically prevalent forms of government include monarchy, aristocracy, timocracy, oligarchy, democracy, theocracy, and tyranny. These forms are not always mutually exclusive, and mixed gove ...
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