
Banks to Receive More Cash to Meet Public Demand in South Sudan/PHOTO CREDITS: Central Bank Portal
(JUBA) – Measures to ease cash shortages and improve access to money were agreed in Juba after talks between the central bank and commercial lenders, as authorities seek to stabilise the financial system.
BoSS officials said new steps will focus on increasing cash supply to banks, improving circulation and ensuring customers can withdraw funds more easily.
The move aims to address ongoing liquidity pressures that have limited access to cash for many account holders.
A major priority is to maintain uninterrupted withdrawals, especially for low value accounts, in order to strengthen public trust in the banking sector. Limited access to cash has been a concern for households and salary earners in recent months.
The central bank said it has begun allocating additional cash to commercial banks to boost liquidity levels. The measure is intended to ease shortages and ensure banks can meet demand from customers across the country.
The actions form part of wider coordination between the Bank of South Sudan and commercial banks to restore normal cash flow and improve financial stability, according to a press release by BoSS on Tuesday.
The discussions were led by Central Bank Governor Johnny Ohisa Damian, who met managing directors of commercial banks in Juba. He delivered a message stressing the need to maintain access to cash as part of efforts to support confidence in the financial system.
Majok Nikodemo Arou, Director of Communication and Public Relations at the central bank, confirmed the cash allocation plan and said it would help improve access for depositors.
The South Sudan Bankers Association welcomed the engagement and said member institutions are ready to strengthen coordination to improve liquidity, with a focus on small depositors.
Senior officials from the central bank, including Deputy Governor for Administration and Finance Weituy Luony Babuoth, also attended the meeting.
On its online portals, BoSS stated the measures are part of ongoing efforts to stabilise the economy and ensure reliable access to financial services in South Sudan.
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