VOL. XXX

NO. 6

17-NOVEMBER-1986

Financial and Banking News

REGIONAL BANKING

Sudan Limits Foreign and Private Bank Activities

The Central Bank of Sudan last week required foreign banks to devote 30% oftheir credits to financing Sudanese exports with the exception of gum exportsand prohibited them from financing unspecified "non-essential items".It also restricted to the public sector banks any financing arrangementsrequired for all rationed items, such as powdered milk, rice, beans, tea,coffee,...