Compare business loans in Sudan
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★★★★☆
Licensed commercial bank, listed on the Central Bank of Sudan commercial bank locator
Licence
Corporate banking through Bank of Khartoum, subject to regional disruption
Coverage
Established businesses that can present accounts and reach a functioning branch
Best For
bank
Type
Pros
- Four Islamic financing structures are described plainly: murabaha (cost-plus purchase), musharaka (joint investment), mudaraba (bank capital, client management) and istisna (staged manufacturing or project finance)
- Corporate accounts, trade products, collection and cash management and liquidity services are offered alongside financing
- iBOK+ corporate internet banking allows balance enquiry, statements and transfers without a branch visit
Cons
- Service availability varies by region and can be interrupted; corporate banking has been disrupted since April 2023 and relationship teams may have relocated
- No eligibility criteria, required documents, pricing or fees are published for any business finance product
- Trade finance depends on correspondent banking relationships, which for Sudan are limited and subject to compliance screening
Fees, eligibility & documents
Fees
Profit rate or mark-upNot published; negotiated per facility
Arrangement and trade finance feesNot published
Eligibility
- A registered business with a corporate account at the bank
- Financial statements and trading history, as requested by the bank
- Compliance and know-your-customer checks apply, and can take time for cross-border trade finance
Documents needed
- Business registration documents
- Financial statements and bank statements
- Identification for directors and signatories