Bank of South Sudan


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Bank of South Sudan
Headquarters	Juba, South Sudan
President	Kornelio Koriom Mayiek
Central bank of	South Sudan
Currency	South Sudanese pound
Website	www.bankofsouthernsudan.org

The Bank of South Sudan (B.O.S.S.) is the central bank of South Sudan. Established in 2005, it was a branch of the Bank of Sudan until 9 July 2011, when South Sudan seceded to become an independent republic.

1 Location
2 Organization and Governance
3 Duties
4 Management
5 Governors of B.O.S.S.
6 External links
7 See also
8 References

Location

The bank is located in the city of Juba, the capital of South Sudan.

Organization and Governance

The Bank of South Sudan is the central bank of the Republic of South Sudan. It is headed by the Governor of the Bank of South Sudan. The Bank is the only institution that is constitutionally mandated to issue the South Sudanese pound.

Duties

The main functions of B.O.S.S. are: ^[1]

To function as the central bank of South Sudan.
To establish and supervise conventional banking services in South Sudan including licenses to financial institutions according to rules and regulations issued by the Board of Directors of B.O.S.S.
Management of B.O.S.S. is under the Governor of the B.O.S.S. who will manage the conventional banking system in South Sudan, according to prevailing rules, regulation and policies.
To act as the bank to the Government of South Sudan (G.O.S.S.), as an adviser and as an agent thereof in monetary and financial affairs.
In the discharge of the duties, responsibilities and mandates thereby required and imposed upon it, to exercise the power and supervisory authority so conferred, in a manner consistent with the ordinances and regulations stipulated in the banking laws that govern B.O.S.S.
B.O.S.S. shall be in change of supervising and controlling the commercial banks, which are operated in South Sudan.

Management

The following are the principal officers of the BOSS: ^[2] ^[3]

Kornelio Koriom Mayiek - Governor of the B.O.S.S.
Mathiang Ajing Jupur - Director for Administration and Financial Affairs
Othom Rago Ajak - Director of Banking Operation and Foreign Exchange

Governors of B.O.S.S.

Elijah Malok Aleng (July - August 2011).
Kornelio Koriom Mayiek (August 2011 - Present).

In August 2011, South Sudan's President Salva Kiir dismissed Elijah Malok Aleng by presidential decree and replaced him by his deputy Kornelio Koriom Mayiek.^[4]

External links

References

Central banks

Global

Global	Bank for International Settlements · Basel Committee on Banking Supervision · Financial Stability Board

By continent

Africa	Bank of Central African States · Central Bank of West African States · Bank of Algeria · Central Bank of Angola · Bank of Botswana · Bank of the Republic of Burundi · Bank of Cape Verde · Central Bank of the Comoros · Central Bank of the Congo · Central Bank of Djibouti · Central Bank of Egypt · Bank of Eritrea · National Bank of Ethiopia · Central Bank of The Gambia · Bank of Ghana · Central Bank of the Republic of Guinea · Central Bank of Kenya · Central Bank of Lesotho · Central Bank of Liberia · Central Bank of Libya · Reserve Bank of Malawi · Bank of Mauritius · Bank Al-Maghrib · Bank of Namibia · Central Bank of Nigeria · Bank of Somaliland · South African Reserve Bank · Bank of South Sudan · Bank of Sudan · Central Bank of Swaziland · Bank of Tanzania · Central Bank of Tunisia · Bank of Uganda · Bank of Zambia · Reserve Bank of Zimbabwe

Americas	Central Bank of Argentina · Central Bank of Aruba · Central Bank of The Bahamas · Central Bank of Barbados · Central Bank of Brazil · Bank of Canada · Central Bank of Chile · Bank of the Republic (Colombia) · Central Bank of Cuba · Central Bank of Curaçao and Sint Maarten · Eastern Caribbean Central Bank · Bank of the Republic of Haiti · Central Bank of Honduras · Bank of Jamaica · Bank of Mexico · Central Bank of Nicaragua · Central Reserve Bank of Peru · Central Bank of Suriname · Central Bank of Trinidad and Tobago · Federal Reserve System (United States) · Central Bank of Venezuela

Asia	Da Afghanistan Bank · Central Bank of Bahrain · Bangladesh Bank · Royal Monetary Authority of Bhutan · Brunei Currency and Monetary Board · National Bank of Cambodia · People's Bank of China · Hong Kong Monetary Authority · Reserve Bank of India · Bank Indonesia · Central Bank of the Islamic Republic of Iran · Central Bank of Iraq · Bank of Israel · Bank of Japan · Central Bank of Jordan · National Bank of Kazakhstan · National Bank of the Kyrgyz Republic · Bank of Korea · Central Bank of the Democratic People's Republic of Korea · Central Bank of Kuwait · Banque du Liban · Monetary Authority of Macao · Bank Negara Malaysia · Maldives Monetary Authority · Bank of Mongolia · Central Bank of Myanmar · Nepal Rastra Bank · Central Bank of Oman · State Bank of Pakistan · Palestine Monetary Authority · Bangko Sentral ng Pilipinas · Qatar Central Bank · Monetary Authority of Singapore · Central Bank of Sri Lanka · Central Bank of Syria · Central Bank of the Republic of China (Taiwan) · Bank of Thailand · Central Bank of the United Arab Emirates · Central Bank of Uzbekistan · State Bank of Vietnam

Europe	European Central Bank (Eurosystem) · National Bank of the Republic of Abkhazia · Bank of Albania · Central Bank of Armenia · Central Bank of Azerbaijan · National Bank of the Republic of Belarus · Central Bank of Bosnia and Herzegovina · Bulgarian National Bank · Croatian National Bank · Czech National Bank · Danmarks Nationalbank · Bank of England · National Bank of Georgia · Hungarian National Bank · Central Bank of Iceland · Central Bank of Kosovo · National Bank of Latvia · Bank of Lithuania · National Bank of the Republic of Macedonia · National Bank of Moldova · Central Bank of Montenegro · Norges Bank · Central Bank of the Turkish Republic of Northern Cyprus · National Bank of Poland · National Bank of Romania · Central Bank of Russia · National Bank of Serbia · Sveriges Riksbank · Swiss National Bank · Central Bank of the Republic of Turkey · National Bank of Ukraine

Oceania	Reserve Bank of Australia · Reserve Bank of Fiji · Reserve Bank of New Zealand · Bank of Papua New Guinea · Central Bank of Samoa · Central Bank of Solomon Islands · National Reserve Bank of Tonga

Policies and implementation

Policies	Capital requirement · Contractionary monetary policy · Expansionary monetary policy

Implementation	Capital control · Discount rate · Interest rates · Money creation · Open market operations · Sovereign wealth fund

Bretton Woods system

International Monetary Fund · World Bank Group (International Bank for Reconstruction and Development · International Centre for Settlement of Investment Disputes · International Development Association · International Finance Corporation · Multilateral Investment Guarantee Agency)

Lists

List of central banks · Central banks and currencies of Africa · Central banks and currencies of the Caribbean · Central banks and currencies of Central America and South America

Names in italics indicate non-sovereign (dependent) territories, former countries, or states with limited recognition