SSUD
0.560 AED
+2.19%
Today
+2.19%
1D
Market is closed
Sun
Closed
Mon
9:00 AM ~ 1:45 PM
Tue
Closed
Wed
Closed
Thu
Closed
Fri
Closed
Sat
Closed
Information
Name
Al Salam Bank Sudan
Currency
AED
Standard Leverage
1X
Market Cap
69.13M
Avg Daily Volume
162.01K
52 Week High
0.712 AED
52 Week Low
0.53 AED
Trading Hours
See hours
Business Summary
Al Salam Bank - Sudan provides commercial banking products and services. It offers current, saving, and investment deposit accounts, as well as money transfer and safe deposit boxes services. The company also provides letters of credit and letters of guarantee; syndicated financing; and Musharaka, Mudaraba, Ijarah, Istisna, and Murabaha services. In addition, it offers mobile, banking messages, and internet banking, as well as ATM services. Al Salam Bank - Sudan was founded in 2004 and is based in Khartoum, Sudan.
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Frequently Asked Questions
What are financial stocks?
Financial stocks include companies like banks, insurance firms, investment services, and fintechs. They play a critical role in the economy by facilitating credit, investment, and wealth management.
How do interest rates affect financial stocks?
Financials often benefit from rising interest rates, which can increase net interest margins for banks and improve profitability.
Why are financials important in a trading portfolio?
Financial stocks can offer strong dividends, sector stability, and exposure to macroeconomic trends like interest rate policy and GDP growth.
What risks are associated with financial sector investing?
Regulatory changes, credit risk, economic downturns, and interest rate volatility can all impact financial companies' earnings and stock prices.
