Banking Expert Calls for Review of Bank Capital Requirements, Raising Minimum Threshold, and Merging Small Banks

Khartoum – Sudanhorizon

Strategic planning and digital transformation expert Dr. Marwa Fouad Qabbani has emphasized the need to review bank capital levels and raise the minimum capital requirement to align with inflation rates, in addition to merging small banks that fail to meet regulatory conditions. She also urged a review of banking systems to keep pace with technological developments and ensure integration with the Central Bank to accelerate processes within the banking sector.

Qabbani highlighted several challenges facing the Central Bank of Sudan in reforming the financial sector, most notably the need for a long-term strategy and a ten-year vision focusing on re-establishing international engagement and cooperation with foreign banks to foster partnerships that facilitate import and export operations.

Speaking exclusively to Sudanhorizon, Qabbani called for the adoption of new forms of collateral, such as gold-backed guarantees, in financing operations. She noted that this would expand funding portfolios for institutions seeking entry into the banking market and strengthen banks’ financial positions.

She further described the Central Bank’s focus on financial inclusion and digital transformation as an urgent necessity in the coming phase, stressing that such efforts would positively impact currency replacement operations, promote a culture of digital banking and e-money, and reduce cash circulation, thereby keeping liquidity within the banking system for greater investment utilization.

Shortlink: https://sudanhorizon.com/?p=8144