Blue Nile Mahsreg Bank is a medium sized bank focused on providing banking financial services to commercial, corporate and retail customers including large corporate institutions, International Oil Companies, Non-Governmental Organizations, diplomatic missions, UN Agencies and multi-nationals.
Our history reflects the larger story of Sudan’s commercial development. The original Blue Nile Bank was formed in 1983 by Korean Giant Daewoo Corporation as a Joint venture with Sudanese Business men. Daewoo owned 82 percent of the Bank . Daewoo later offload its to a progressive and Dynamic Sudanese Business Group.
The present Blue Nile Mashreg Bank Limited privately owned Bank formed after the merger of Blue Nile Bank and Mashreq Bank Khartoum operations It started operations as a merged entity bank in 1st October 2003. The Blue Nile Mashreg Bank is the of choice for most of the UN & other Aid Agencies and the oil companies in Sudan which are the heart of the economic turn around in Sudan.
Blue Nile Mashreg Bank, stands today at a noteworthy point along the evolution of Banking in Sudan. The banking sector is showing a significant paradigm shift away from traditional means of business, and is catering to an increasingly astute and demanding financial consumer who is also becoming keenly aware of Banking. Blue Nile Mashreg Bank bears the critical responsibility of leading the way forward in establishing a stable and dynamic Banking system replete with dynamic and cutting-edge products and services.
The Bank has made fundamental and significant progress forward, and in doing so has established a strong and credible management team comprised of experienced professionals, which have achieved a strong balance sheet with excellent operate profitability, including a capital adequacy ratio that places the Bank at the top of the industry.
Blue Nile Mashreg Bank has built a strong Information Technology and customer knowledge-based that focus continues to use state of the art technology and systems. The Bank's Corporate and Institutional Banking business unit is geared towards nurturing and developing a long-term relationship with clients by understanding their unique financing requirements and by providing financing solutions through corporate banking and structured finance.
By implementing robust and aggressive strategic and initiatives on the side of consumer banking. Blue Nile Mashreg Bank aims to fulfill its prime target of providing customers accessibility and convenience, within an atmosphere and culture of dedicated service and recognition of their needs.
At Blue Nile Mashreg Bank, we believe in adding value to our customers' lives and businesses, through dynamic and competitive products and services that fulfill their needs while conforming completely to the dictates of Local and International Regulatory requirements. At the same time, we endeavor to deliver competitive risk adjusted returns to our stakeholders.