Aden: Central bank suspends dealing with a number of banks

Al-Arada Highlights Yemen's Need For An Effective International Partnership To Manage Security, Economic Challenges

The Member of the Presidential Leadership Council (PLC), Governor of Marib governorate Sultan al-Arada stressed that Yemen today needs a more effective international partnership to support state institutions and upgrade their capacities in order to manage security, economic and humanitarian challenges.

Second Day of International Media Forum on Islamic Civilization Kicks Off in Tashkent

The second day of the International Media Forum “Islamic Civilization: A New Perspective – New Discoveries” commenced today, Wednesday, at the Center for Islamic Civilization in the Uzbek capital, Tashkent.

German Exports Rise 3.9 Percent

The total of German exports increased by 3.9 percent during the first half of 2026 compared to the same period last year, reaching 817.8 billion euros.

Al Nassr Beat Al Fateh 3-0 in Saudi Football League

Al Nassr defeated Al Fateh 3-0 in the opening round of the Saudi Pro League, known as the Roshn Saudi League.

Last Update: ، 2026/08/28 Time 01:49:03
Latest News:

Taiz Governor Discusses Emergency Preparedness, Response Plan with International, Local Organizations

Yemen Joins 23rd Session Of Council Of Foreign Ministers of OIC

Speaker of Parliament Discusses Yemen’s Developments with British Ambassador

Council Of Ministers Approves Significant National Strategies, International Agreements

Foreign Minister: Restoring State Is Key to Yemen, Gulf and Red Sea Security

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.