Financial Relations
Commercial banks and financial institutions are among the most important financial institutions that revive the economies of countries through global and local trade, financing investments and projects that benefit people's lives and well-being.
The significant role of development banks in financing infrastructure projects and strategic projects plays a vital role in the renaissance of nations and peoples.
One of the latest financing methods used recently in financing strategic projects, which depends on the success of projects, is the partnership between the public and private sectors (PPP).
Commercial banks play a crucial role in driving national economic growth by providing the necessary funds for development, and are indispensable institutions that underpin economic growth and development. They play a pivotal role in mobilizing savings, financing investments, facilitating trade, and providing financial services, thereby contributing to the overall prosperity of a people.
Public-Private Partnerships (PPPs) as a Key Means of Financing and Implementing Projects:
Public-Private Partnerships (PPPs) in Various Forms Have Become a Crucial Tool for Financing and Implementing General Infrastructure Projects (Oil, Roads, Mining, Electricity and Water, Hospitals, etc.).
In Particular, PPPs Have Played a Significant Role in Financing Projects in Latin America and the Far East.
The Most Commonly PPP-Financed Facilities are Roads (BOT, Concession) and Electricity (IPP).
The World Bank Encourages PPP Financing and Considers It a Key Means of Attracting Foreign Direct Investment (FDI).
Portfolio and Securities as Key Means of Attracting Financing:
Portfolio financing presents a promising avenue for financing large-scale projects in Sudan, offering access to substantial capital, reduced reliance on debt, and diversification of funding sources. By leveraging the expertise of international investment partners, Sudan can effectively utilize portfolio financing to drive sustainable economic growth and development.
Counselor. Mohamed Elsir Massaad has strong relationships with Sudanese commercial banks, most notably the following:
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Sudan:
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Omdurman National Bank
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Al Nilein Bank
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UK:
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HSBC
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Barclays
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UAE:
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Dubai Islamic Bank
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Emirates NBD
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Mashreq Bank
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Meeting between Counselor. Mohammed Elsir Massaad , the Minister of Finance of West Darfur State, and the Deputy Manager of the Main Branch of the Omdurman National Bank