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Last Update: ،
2026/05/22
Time
09:06:52
Latest News:
Presidential Leadership Council Chairman Receives National Day Greetings from Russia and Japan
Deputy Governor of Taiz Meets German Embassy Official to Discuss Development Support
Minister of State for Women's Affairs Discusses Outcomes of Women's Summits
Deputy Interior Minister Meets with UN Envoy to Discuss Counter-Terrorism Efforts
Leadership Council Member Tariq Saleh Launches Development Projects in Western Coast with Saudi Support
Latest News:
Presidential Leadership Council Chairman Receives National Day Greetings from Russia and Japan
Deputy Governor of Taiz Meets German Embassy Official to Discuss Development Support
Minister of State for Women's Affairs Discusses Outcomes of Women's Summits
Deputy Interior Minister Meets with UN Envoy to Discuss Counter-Terrorism Efforts
Leadership Council Member Tariq Saleh Launches Development Projects in Western Coast with Saudi Support
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 -
President al-Alimi: Unity has been Nobel Humanitarian, National Project for Southern, Northern Generations
Presidential Leadership Council Chairman Receives National Day Greetings from Russia and Japan
Minister of State for Women's Affairs Discusses Outcomes of Women's Summits
Deputy Interior Minister Meets with UN Envoy to Discuss Counter-Terrorism Efforts
Leadership Council Member Tariq Saleh Launches Development Projects in Western Coast with Saudi Support
Yemeni Minister of Endowments Meets Saudi Counterpart to Boost Cooperation
Aden Governor Meets UN Envoy’s Office Team to Discuss Local Conditions and Development Support
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