Banks in Juba limit cash withdrawal to 50,000 SSP per week

Bank customers are complaining over a decision by all banks in South Sudan limiting cash withdrawal to SSP 50,000 per week. The move which has caused widespread complains is considered as a negative impact of the economic situation hitting the country.

Bank customers are complaining over a decision by all banks in South Sudan limiting cash withdrawal to SSP 50,000 per week. The move which has caused widespread complains is considered as a negative impact of the economic situation hitting the country.

According many sources, individuals, companies and NGOs will also be affected by the decision as well. “This is a negative indicator which we don’t know what will be its result,” one customer of Equity Bank said.

The bank did not give reason as why they have taken this decision.