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Bank sees surge in Bahrain-Sudan trade

Bahrain Business
Wed, 15 Nov 2017


MANAMA: BOK International (BOKI), the Bahrain-based wholesale branch of Bank of Khartoum, predicts a surge in pent-up trade activity between Bahrain and Sudan with the permanent lifting of 20-year old US economic sanctions against Sudan. Although Bank of Khartoum was one of the few Khartoum-based entities to be removed from the sanctions list in 2011 due to its change in ownership structure which now consists mainly of UAE-based shareholders, all Sudan-related companies had been seriously affected by the stigma of the trade restrictions.

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