Ivory Bank

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Ivory Bank
Type Private
Industry Financial Services
Founded 1994
Headquarters Juba, South Sudan
Key people Gabriel Changson Chang
Chairman[1]
Ernest Woderif Marbaga
Managing Director[2]
Products Loans, Checking, Savings, Investments

Ivory Bank is a commercial bank in South Sudan. It is one of the commercial banks licensed to operate in South Sudan, by the Bank of South Sudan, the national banking regulator.[3]

Overview

Ivory Bank is a pioneer bank in South Sudan, being one of the earliest financial institutions opened to serve the banking needs of the people in this part of the world.

History

Ivory Bank was founded in 1994 by a group of South Sudanese businesspeople to serve the banking needs of the people and businesses of South Sudan. The bank originally maintained its headquarters in Khartoum, Sudan. In April 2009, the bank relocated the headquarters to Juba, the capital and largest city in South Sudan.[4]

Ownership

The bank is privately owned and the complete list of shareholders is not publicly known as of October 2010.

Branch Network

As of October 2013, Ivory Bank maintained branches at the following locations:[5]

  1. Aweil Branch - Aweil, South Sudan
  2. Main Branch - Juba, South Sudan
  3. Khartoum Branch - Khartoum, Sudan[6]
  4. Malakal Branch - Malakal, South Sudan
  5. Renk Branch - Renk, South Sudan
  6. Wau Branch - Wau, South Sudan
  7. Yei Branch - Yei, South Sudan
  8. Kaya Branch - Kaya, South Sudan
  9. Nimule Branch - Nimule, South Sudan
  10. Nasir Branch - Nasir, South Sudan
  11. Rejaf Branch - Rejaf, South Sudan

Governance

The Chairman of the Board of Governors of Ivory Bank is Gabriel Changson Chang and the Managing Director is Ernest Woderif Marbaga.

See also

References

  1. ↑ Gabriel Changson Chang Is Chairman of Ivory Bank
  2. ↑ Ernest Woderif Marbaga Is Managing Director of Ivory Bank
  3. ↑ List of Commercial Banks Licensed in South Sudan
  4. ↑ History of Ivory Bank
  5. ↑ Branch Network of Ivory Bank
  6. ↑ Ivory Bank Opens Khartoum Branch
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