BBA Equity Shareholding

Sudan

With the help of an equity investment from

OFID, Byblos, one of the leading banks in

Lebanon, has created a new bank in the Sudan

called Byblos Bank Africa (BBA). An immediate

benefit of this expansion will be the injection of

new capital into Sudan’s banking sector to help

meet the financing requirements of major

Sudanese companies. Another benefit will be the

listing of BBA on the Khartoum Stock Exchange.

BBA will support Sudanese companies for trade

financing through both lines of credit and pre-export

facilities. It will also provide direct loans to

the industry sector and hence contribute to

increased employment and improved economic

development.