Central Bank of Yemen notifies banks in Sana'a to relocate their HQs in Aden within 60 days

Yemen, Arab and Muslim Nations Reject Somaliland Move to Establish Mission in Occupied Jerusalem

Yemen and several Arab and Muslim countries have denounced the announcement by the self-declared Somaliland region regarding the opening of what was described as a diplomatic mission in occupied Jerusalem, calling the move unlawful and a clear breach of international law and relevant UN resolutions governing the status of the city.

Death Toll from Israeli Offensive in Gaza Rises to 72,757, with 172,645 Injured

Medical sources in Gaza Strip said the death toll from the Israeli military offensive on the territory has risen to 72,757, while the number of wounded has reached 172,645 since the outbreak of the war on October 7, 2023.

Oil price tops $100 a barrel

Oil prices jumped above $100 per barrel today, Monday, as the U.S. Navy prepares to take control of ship movements in the Strait of Hormuz.

Inter Milan a win away from Serie A title

Inter Milan continued its successful march to reclaim the Italian football league title, despite drawing with its host Torino (2-2), in the conclusion of the 34th round of the competition.

Last Update: ، 2026/05/25 Time 03:40:48
Latest News:

Chairman of the Consultation Authority Meets Japanese Ambassador to Yemen

Yemeni, Egyptian Foreign Ministers Lead Ninth Round of Strategic Dialogue in Cairo

Yemen Extends Condolences to China over Shanxi Coal Mine Explosion Victims

Health Minister, Qatari Counterpart Discuss Expanding Bilateral Health Cooperation

Al-Alimi Meets with Several Military Leaders, Stresses Importance of Readiness and Unified Efforts

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.