Al Salam Bank - Sudan reported a significant expansion in liquid assets for the fiscal year ended December 31, 2025, with cash and cash equivalents rising to SDG 34.76 billion from SDG 25.31 billion in 2024, largely driven by foreign currency balances held with the central bank.
Investments available for sale surged to SDG 50.95 billion, up from SDG 30.77 billion the previous year, a move primarily influenced by the valuation of foreign holdings in Al Salam Bank branches in Bahrain and Algeria amid a sharp devaluation of the Sudanese Geneih (from 1,806.75 to 2,810.5 against foreign benchmarks).
Net deferred sales receivables grew to SDG 36.58 billion from SDG 31.28 billion YoY, though the bank strengthened its risk buffer by increasing total provisions for doubtful finance and investments to SDG 8.99 billion to mitigate heightened credit and currency risks.
The bank's investment strategy shifted during the period as it exited its holdings in government bonds (Shahama securities), which dropped to zero from SDG 33.57 million in 2024, while maintaining stable Mudaraba investments totaling SDG 4.27 billion.