About Us

BOK offers services to Corporate, Retail, Microfinance and investment Business Segments; it also owns various subsidiaries in Trade, Exchange, Brokerage, and Commercial Real-estate. The equity of the bank as of Dec 2012 is SDG 860 Million. Headquartered in Khartoum, BOK has 1300 employees, with 55 bank branches and the largest ATM and CDM network expand to over 200 locations in the coming six months. The Bank also has a 24 hour call center, Premier (AlNukhba) Banking and a full suite of e-services which include online banking, SMS alerts and mobile banking which will be launched soon Its major shareholders include predominate local and regional Businessmen and various institutions such as Dubai Islamic Bank (DIB), the Islamic Development Bank Jeddah, Abu Dhabi Islamic Bank, Sharjah Islamic Bank, United Arab Emirates Etisalat.

Mission & Vision

Transformation in Action

Together, the Management team and employees have been working passionately and tirelessly, to transform the bank with a focused and aligned strategy that consolidates the best of its history with an ambitious new plan, vision, mission and banking culture.

Vision

To be a leading Islamic bank, a model of excellence in providing innovative financial services and the partner of choice both locally and internationally.

The Mission

We strive for excellence in all that we do:

•We endeavor to be a trusted partner exceeding expectations in the delivery of a comprehensive range of world-class financial products and services.

•We aim to create value by building a strong and diversified financial institution focused on prudent risk management while delivering competitive returns.

•We seek to be the employer of choice by empowering people to succeed in a meritocracy that rewards professionalism,leadership, teamwork and initiative.

•We aim to be a leader among our peers by implementing global best practices adapted to a local context.

•We seek to be a model institution in adhering to the laws and regulations of the markets in which we operate and

•We aim to be a responsible partner by making a positive social impact in the communities in which we work.

Our History

Overview

•First bank in Sudan established in 1913

•Governmental Bank resulted from the merger of number of banks (Barclays Bank, Awhda Bank, Egypt Bank)

•In 1975 renamed Bank of Khartoum

•It’s restructuring started in nineties

•In 193 merged with both the Unity Bank (Othman Bank) and the National Export and Import Bank

•2002: Become a private limited company under the name Bank of Khartoum

•In 2005 Islamic Bank of Dubai purchased 60% of the bank shares

•In 2008 the Emirates and Sudan Bank was merged in Bank of Khartoum, to be the largest bank in Sudan and DIB shares become 28.4% and Government of Sudan 10%

•In 2010 Government of Sudan sold its shares and the Bank become 100% owned by the private sector

•In 2011 the Bank name has been removed from OFAC list

•The Bank has 51 branches, 19 out of which is in the capital

•The Bank own 6 Subsidiaries

History

BOK was first established in 1913 by the Anglo-Egyptian regime. In 1925 it was renamed Barclay’s Overseas Bank and renamed Barclay’s Bank in 1954. The international best practice processes and procedures that were instilled by Barclay’s during this time remain within the bank’s culture today.

In 1970, the bank was nationalized by the Sudanese government and from 1982-2002 it led the consolidation of the banking sector acquiring several local and regional banks. In 2001, BOK was privatized, and institutionalized its shareholding structure.Dubai Islamic Bank (DIB), first and leading regional Islamic Bank headquartered in the United Arab Emirates, is the primary shareholder. DIB brought with it a strong and proficient management team with international banking experience.  The other institutional shareholders are also pioneers in regional Islamic banking and include the Islamic Development Bank Jeddah, Abu Dhabi Islamic Bank, Sharjah Islamic Bank, United Arab Emirates, Etisalat and local and regional investors.

BOK is the largest banking group in the Sudan offering its customers a full range of innovative financial products and services.  It is also the oldest bank in the nation; celebrating its 100th year of serving the Sudanese people. BOK is the largest banking group in the Sudan offering services to Corporate, Retail, Microfinance and investment Business Segments; it also owns various subsidiaries in Trade, Exchange, Brokerage, and Commercial Real-estate.  The equity of the bank as of Dec 2012 is SDG 860 Million. Headquartered in Khartoum, BOK has 1300 employees, with 55 bank branches and the largest ATM and CDM network that will expand to over 200 locations in the current year. The Bank also has a 24 hour call center, VIP banking and a full suite of e-services which include online banking, SMS alerts and mobile banking which will be launched soon. BOK operates under Islamic Banking Standards and Principles which ensure Shariah compliance in all of the bank’s services.