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    Protecting Depositors' Funds and Enhancing Confidence in the Banking Sector

    Bank Deposit Security Fund

    We work to protect depositors' funds and enhance confidence and stability in the banking sector by providing an effective deposit insurance system in accordance with best financial practices.

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    An Effective Deposit Insurance System in Accordance with Modern Banking Standards

    Deposit Protection & Enhancing Financial Stability

    The Fund contributes to strengthening confidence in the banking sector and protecting depositors’ rights through clear and transparent mechanisms for guaranteeing bank deposits.

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    Towards a Safer and More Sustainable Banking Environment

    A Partnership for a Secure and Sustainable Banking Sector

    We strive to develop the deposit insurance system and strengthen cooperation with banking institutions to support financial stability and sustainable economic growth.

Governor – Chairperson of the Board

Mrs Amina Mirghani Hassan Al-Tom

It gives me great pleasure to welcome you to the official website of the Bank Deposit Security Fund. Since its establishment in 1996, the Fund has played a key role as one of the essential components of the financial safety net, ensuring the protection of depositors’ funds in banks while also carrying out preventive and remedial functions.

The successive global financial crises, most notably the 2008 financial crisis, whose effects continue to influence economies today, have prompted monetary authorities worldwide—represented by the Basel Committee and the Financial Stability Board, in cooperation with the International Association of Deposit Insurers—to establish the Core Principles for Effective Deposit Insurance Systems.

Governor – Chairperson of the Board
Foundation and Development of the Fund

Bank Deposit Security Fund

The idea of establishing a national deposit insurance institution in Sudan emerged in the early 1980s. The Bank Deposit Security Fund Law of 1996 was enacted to establish the Fund with the objective of protecting depositors’ rights and enhancing stability and confidence in the banking sector.

The Fund as an Independent Institution

The Bank Deposit Security Fund Law of 1996 stipulates the establishment of an independent institution with a separate legal personality to carry out its duties in accordance with the provisions of the law.

Protecting Depositors’ Rights

The Fund aims to guarantee deposits in member banks, protect depositors’ rights, enhance the safety and stability of the banking sector, and strengthen public confidence in it.

Enhancing Financial Stability

The Fund contributes, in cooperation with monetary and banking authorities, to reducing the impact of financial crises and supporting financial stability.

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Year of the Fund’s Establishment

Bank Deposit Security Fund

Enhancing Confidence and Stability in the Banking Sector

The Bank Deposit Security Fund works to protect depositors’ rights and guarantee deposits in member banks, contributing to enhanced confidence and stability within the banking sector in accordance with the law. This is achieved through the implementation of deposit insurance policies and mechanisms and through coordination with relevant stakeholders to support the safety of the banking system and mitigate the effects of financial distress, thereby safeguarding savings and promoting financial and economic stability.

Explore the laws and strategic plans guiding the Fund’s operations.

Laws, Regulations & Strategic Plans

Deposit Insurance Fund Act

Explore the Deposit Insurance Fund Act of 1996 and the legal framework governing the establishment, functions, and responsibilities of the Fund. The Act outlines the Fund’s role in protecting depositors’ rights and enhancing confidence and stability in the banking sector.

Banking Regulation Act

Learn about the laws and regulations governing banking operations and financial activities in Sudan. The Act covers provisions related to banking regulation, supervision, and oversight of financial institutions.

Central Bank of Sudan Act

Explore the legal framework governing the powers and responsibilities of the Central Bank of Sudan and its supervisory role over the banking sector. The Act defines the Bank’s functions in maintaining monetary and financial stability and regulating banking activities across the country.

Strategic Plan

Learn about the strategic directions and long-term objectives of the Bank Deposit Security Fund. The strategic plan focuses on strengthening financial stability, enhancing the effectiveness of the deposit insurance system, and supporting institutional development and operational excellence.

Enhancing Confidence and Stability in the Banking Sector

A National Deposit Insurance System

The Bank Deposit Security Fund continues to play a vital role in protecting depositors’ rights and promoting financial stability through a legal and regulatory framework that strengthens confidence in Sudan’s banking sector.

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Depositors
Extensive protection for depositors’ funds in member banks.
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Legal Protection
Deposits are protected under the Deposit Insurance Fund Act and its regulatory framework.
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Years of Experience
Dedicated to protecting depositors and strengthening confidence in the banking sector.
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Member Banks
A growing network of banks contributing to a safer banking environment.
News & Articles

BDSF Magazine

Address :

 Khartoum - AlAmarat St.

Fax

+249 83584723

Call Us

+249 83584624
+249 83584626
+249 83584627
+249 83584629

P.O Box

13624