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Paris Saint-Germain Crowned UEFA Champions League Winners
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Last Update: ،
2026/06/10
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06:43:13
Latest News:
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Latest News:
President al-Alimi: Peace in Yemen Begins with Ending the Iranian Regime’s Agenda, Restoring National ..
Planning Minister, French Ambassador Discuss Development and Economic Cooperation
Prime Minister Receives Message from Chinese President to PLC Chairman on 70th Anniversary of Bilateral ..
Prime Minister Receives Indian Ambassador, Stresses Need to Convene Joint Committee
PLC Member al-Muharrami Receives UN Envoy, Discusses Developments and Peace Efforts in Yemen
Central bank approves new regulations money exchange business
[04/08/2021 12:33]
ADEN – SABA
The Central Bank of Yemen has approved new regulations money exchange business in all governorates of the Republic.
The Aden-based bank's new procedures will lead to addressing some of the shortcomings: improve the activity function of money exchange businesses, develop their performance, raise their efficiency and level of discipline, reduce the risks associated with the business, and contribute to achieving monetary and financial stability.
The regulation set strict conditions for new money exchange investors applying for licenses to enter the business, by stipulating that a number of general eligibility conditions be met including the submission of economic feasibility studies.
The Central Bank of Yemen has approved new regulations money exchange business in all governorates of the Republic.
The Aden-based bank's new procedures will lead to addressing some of the shortcomings: improve the activity function of money exchange businesses, develop their performance, raise their efficiency and level of discipline, reduce the risks associated with the business, and contribute to achieving monetary and financial stability.
The regulation set strict conditions for new money exchange investors applying for licenses to enter the business, by stipulating that a number of general eligibility conditions be met including the submission of economic feasibility studies.
Key words:
governorates - shortcomings - eligibility - regulations - stipulating - performance - feasibility - regulation - submission - efficiency -
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