From the monthly archives:
Given the ever increasing
demand for credit, in particular, and for financial services, in general, in
Sudan, Carawan Holding Company held discussions with the Saudi Sudanese Bank
(SSB) and leading a financial due diligence effort to evaluate the viability of
acquiring the Central Bank of Sudan and the other public sector stakes in the
bank. In preparation for this acquisition,
Carawan set out to commission a Financial Due Diligence study of the bank. A
bidding process was initiated with a detailed Terms of Reference which Unicons
applied for and won.
ensuing report constituted the preliminary findings of the Pre-Acquisition Due
Diligence effort undertaken by UNICONS to evaluate SSB. More specifically, the
objective was to investigate the bank’s investment potential by analyzing the
various economic, financial, and technical aspects considered vital to the
acquisition. More importantly, the report points to the information gaps and
critical questions/issues which have to be tack ...