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South Sudan’s president Salva Kiir receives new South Sudan pounds in 2011 at the Central Bank of South Sudan in Juba |
Ivory Bank was the first ever South Sudanese bank. Established in 1994 in Khartoum, it was restricted to providing Islamic banking products under the regulations in force in the then undivided republic of Sudan. “The bank’s main aim was to serve and help the under-represented people of South Sudan that were essentially trapped in the north,” says Bruna Siricio Iro, deputy managing director of Ivory Bank.
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