The Minister of Human Resources announces the increase in the capital of the Savings Bank

Port Sudan/The Citizen

The Minister of Human Resources and Social Development, Mutassim Ahmed Saleh, announced an increase in the capital of the Savings and Social Development Bank.
He said on his Facebook page that the meeting of the bank’s board of trustees, which was chaired by him, discussed the financial and executive performance reports and the bank’s development plans.
Saleh said that the meeting adopted a resolution to increase the bank’s capital and expand the shareholder base, in order to enhance the bank’s ability to expand its activities and face the challenges of the banking business.
The Minister of Human Resources and Social Development directed to intensify efforts to develop microfinance and social services projects aimed at supporting the vulnerable segments and creating an environment for the voluntary return of citizens to the areas that left due to the crimes and attacks of the militia.
Saleh said that the bank will continue to implement its tasks in accordance with the programs of the Government of Hope, which is committed to its role in promoting financial inclusion and achieving sustainable social development.