Sudanese financial sector

The Sudanese financial sector comprises banks, insurance companies, and financial markets that facilitate the flow of money within the economy. It is primarily centered around the banking system, which provides services like savings, loans, and currency exchange. Historically affected by economic sanctions, political instability, and limited access to international markets, the sector faces challenges such as low financial inclusion and currency fluctuations. Despite these hurdles, the sector plays a crucial role in supporting economic activities, government operations, and foreign trade, gradually evolving with reforms aimed at strengthening its stability and integration with regional and global financial systems.