Minister of Higher Education Discusses Preparations for First International Conference on Digital Transformation
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The casualty toll from the Israeli occupation’s offensive on the Gaza Strip since October 7, 2023, has risen to 72,070 martyrs and 171,738 injured, according to the Ministry of Health in Gaza.
Korea large companies' exports rise 10 percent
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Saudi League: Al-Nassr, Al-Ettifaq and Neom Secure Victories Over Al-Ittihad, Damac and Al-Riyadh
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Last Update: ،
2026/02/23
Time
07:45:23
Latest News:
Minister of Human Rights discusses with Civic Center coordination to protect civilians
"MASAM" removes 2676 of Houthis-laid landmines, UXO in a week
Minister of Defense chairs meeting with senior military officials, commanders in Aden
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Latest News:
Minister of Human Rights discusses with Civic Center coordination to protect civilians
"MASAM" removes 2676 of Houthis-laid landmines, UXO in a week
Minister of Defense chairs meeting with senior military officials, commanders in Aden
Yemen-Indonesia Discuss Parliamentary Ties
Yemen-Syria Discuss Economic Cooperation
Central Bank of Yemen notifies banks in Sana'a to relocate their HQs in Aden within 60 days
[02/04/2024 06:48]
ADEN-SABA
Governor of Central Bank of Yemen (CBY) Ahmed Ghalib issued today, Tuesday, a decree no (17) of 2024 about relocating headquarters (HQ) of the commercial and Islamic banks as well as Micro-Finance banks from the city of Sana'a to the temporary capital Aden.
The CBY gives the banks 60 to relocate their HQ, otherwise legal measures will be taken against the banks which fail to comply with the decree.
The decree states " Legal measures will be taken against the banks which fail to comply with the decree under the provisions of the Law of Controlling Money Laundering and Financing Terrorism and the internal bylaw of the Law".
The CBY attributed its decree to the ongoing illegal measures against the banks operate in Sana'a by a group has been designated a 'terrorist', a matter that risking freezing the banks' accounts and ceasing dealing with them externally.
The CBY noted that the Terrorist Houthi militias have taken measures to issue illegal coins that is messing up with financial and banking system in the country. The militias also prevented the banks and financial institutions from dealing with national currency, issuing illegal regulations that are set to cease the work of the banking laws and prevent banking transactions, systematically ruining the banking sector components.
The CBY confirmed that this decree is set to enable the bank to do its monitoring tasks in accordance with the law.
Governor of Central Bank of Yemen (CBY) Ahmed Ghalib issued today, Tuesday, a decree no (17) of 2024 about relocating headquarters (HQ) of the commercial and Islamic banks as well as Micro-Finance banks from the city of Sana'a to the temporary capital Aden.
The CBY gives the banks 60 to relocate their HQ, otherwise legal measures will be taken against the banks which fail to comply with the decree.
The decree states " Legal measures will be taken against the banks which fail to comply with the decree under the provisions of the Law of Controlling Money Laundering and Financing Terrorism and the internal bylaw of the Law".
The CBY attributed its decree to the ongoing illegal measures against the banks operate in Sana'a by a group has been designated a 'terrorist', a matter that risking freezing the banks' accounts and ceasing dealing with them externally.
The CBY noted that the Terrorist Houthi militias have taken measures to issue illegal coins that is messing up with financial and banking system in the country. The militias also prevented the banks and financial institutions from dealing with national currency, issuing illegal regulations that are set to cease the work of the banking laws and prevent banking transactions, systematically ruining the banking sector components.
The CBY confirmed that this decree is set to enable the bank to do its monitoring tasks in accordance with the law.
Key words:
systematically - SABA Governor - transactions - headquarters - institutions - Controlling - 'terrorist' - regulations - relocating - components -
Minister of Higher Education Discusses Preparations for First International Conference on Digital Transformation
Minister of Human Rights discusses with Civic Center coordination to protect civilians
"MASAM" removes 2676 of Houthis-laid landmines, UXO in a week
Yemen-Syria Discuss Economic Cooperation
Yemen Supports Kuwait's Sovereignty Over its Maritime Areas and Elevations
Presidential Leadership Council Affirms Full Support for Government's Program, Praises Saudi Efforts
Minister of Defense convenes meeting of his assistants, heads of military agencies
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