To function as the Sovereign bank in South Sudan. To establish and supervise conventional banking services in South Sudan including licenses to financial institutions according to rules and regulations issued by the board of directors. The management of the bank is under the Governor of the Bank of South Sudan, who will manage the conventional banking system in South Sudan according to prevailing rules, regulation and policies. To act as the bank to the Government of South Sudan, as an adviser and agent thereof in monetary and financial affairs. In the discharge of the duties, responsibilities and mandates thereby required and imposed upon it, to exercise the power and supervisory authority so conferred, in a manner consistent with the ordinances and regulations stipulated in the laws that govern the bank. The Bank of South Sudan shall be in charge of supervising and regulating commercial banks in South Sudan.