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2026/09/10
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10:46:19
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Latest News:
Foreign Minister Discusses Developments, Houthi Escalation with U.S. Chargé d’Affaires
President al-Alimi: Yemen's Defensing of Bab al-Mandeb Defensing of Security of Global Shipping Lanes, ..
Yemen Ambassador Discusses Media Cooperation with Cuban News Agency
Yemen Rights Network Documents Over 36,000 Houthi Violations Against Children
Yemen Condemns Israeli Prime Minister’s Unauthorized Entry into Syrian Territory
Central Bank holds extraordinary meeting to discuss financial, cash developments
[20/05/2024 02:21]
ADEN-SABA
The Board of Directors of the Central Bank of Yemen held an extraordinary meeting Monday to review a range of financial and monetary developments and relations with regional and international financial institutions, in light of the discussions held with those institutions by the Central Bank's leadership and the Ministry of Finance.
The meeting, held via video conferencing, also reviewed the steps taken to implement the Central Bank's decision to transfer the business centers of banks from the captured capital, Sana'a, to the temporary capital, Aden, and the measures that will be taken against banks that fail to comply with the decision.
The meeting emphasized the deadline given to the banks to complete the transfer process, expressing great satisfaction with the support received for the decision at the local, regional, and international levels, considering the decision as a rescue for the banking sector and protection against the domination and arbitrariness of a group classified as a terrorist organization by the international community.
The meeting decided to postpone the discussion of the remaining topics to its next regular meeting on the 28th of May.
The Board of Directors of the Central Bank of Yemen held an extraordinary meeting Monday to review a range of financial and monetary developments and relations with regional and international financial institutions, in light of the discussions held with those institutions by the Central Bank's leadership and the Ministry of Finance.
The meeting, held via video conferencing, also reviewed the steps taken to implement the Central Bank's decision to transfer the business centers of banks from the captured capital, Sana'a, to the temporary capital, Aden, and the measures that will be taken against banks that fail to comply with the decision.
The meeting emphasized the deadline given to the banks to complete the transfer process, expressing great satisfaction with the support received for the decision at the local, regional, and international levels, considering the decision as a rescue for the banking sector and protection against the domination and arbitrariness of a group classified as a terrorist organization by the international community.
The meeting decided to postpone the discussion of the remaining topics to its next regular meeting on the 28th of May.
Key words:
arbitrariness - international - extraordinary - developments - organization - conferencing - institutions - satisfaction - considering - discussions -
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