Aden: Central bank suspends dealing with a number of banks

President al-Alimi Hails Creating Multinational Naval Alliance, Highlights Saudi Support for Yemeni State Institutions, Regional Security, Stability

His Excellency Dr. Rashad Mohammed Al-Alimi, Chairman of the Presidential Leadership Council (PLC) underlined the announcement of the establishment of the Multinational Naval Defense Alliance led by Saudi Arabia, describing this move as a strategic initiative and a very important step to boost collective security, protect international navigation and secure vital sea routes in the Red Sea, the Gulf of Aden, and the Bab al-Mandab Strait.

Three Palestinians Killed, 10 Injured in Israeli Airstrikes on Gaza

Three Palestinians were killed and more than 10 others injured on Saturday in a series of Israeli airstrikes targeting several areas across the Gaza Strip.

Korea's Travel Account Posts Surplus for 3rd Month in Row

South Korea reported a surplus in its tourism account for the third month in a row in May, driven by a rise in the number of foreign tourists, reaching $220.5 million in May compared to a deficit of $820.2 million in the same month last year.

England Claim FIFA World Cup 2026 Bronze with Victory over France

England secured third place at the 2026 FIFA World Cup after defeating France 6-4 in the third-place playoff on Saturday.

Last Update: ، 2026/07/31 Time 06:29:40
Latest News:

Minister of Oil, German Ambassador Explore Investment Opportunities in Oil, Gas

President al-Alim Receives Credentials of Several New Ambassadors

Foreign Minister Discusses Strengthen Bilateral Relations with Kuwaiti Ambassador

Speaker of Shura Council Confers with EU Ambassador over Developments in Yemen

Health Ministry, UNFPA Review Reproductive Health Support

Aden: Central bank suspends dealing with a number of banks

[30/05/2024 02:19]

ADEN - SABA
The Governor of the Central Bank of Yemen issued a decision today, Thursday, suspending the bank's transactions and dealings with a number of banks over failing to comply with the law and the bank's instructions and requirements in respect to control on money laundering and terrorism financing, and over continuing to deal with Houthis, a group labeled as terrorist.

The first article of decision (No. 20 of 2024) stipulates that all banks and companies of currency exchange and money transfer decouple with Al-Tadamon Bank, Yemen Kuwait Bank, Yemen Al-Shamel Bank, Al-Amal Microfinance Bank, Al-Kuraimi Islamic Microfinance Bank and the International Bank of Yemen.