Ivory Bank
| Private | |
| Industry | Financial Services |
| Founded | 1994 |
| Headquarters | Juba, South Sudan |
Key people |
Professor Isaac Bior Deng Chairman[1] Bruna Siricio Iro 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]
- Aweil Branch - Aweil, South Sudan
- Main Branch - Juba, South Sudan
- Khartoum Branch - Khartoum, Sudan[6]
- Malakal Branch - Malakal, South Sudan
- Renk Branch - Renk, South Sudan
- Wau Branch - Wau, South Sudan
- Yei Branch - Yei, South Sudan
- Kaya Branch - Kaya, South Sudan
- Nimule Branch - Nimule, South Sudan
- Nasir Branch - Nasir, South Sudan
- Rejaf Branch - Rejaf, South Sudan
Governance
The Chairman of the Board of Governors of Ivory Bank is Professor Isaac Bior Deng and the Managing Director is Bruna Siricio Iro.
See also
- List of banks in South Sudan
- Central Bank of South Sudan