Al-Barakani: Liberating all Taiz's areas is a key issue
Parliament Speaker Sheikh Sultan al-Barakani held Wednesday a meeting for the Security Committee in Taiz discussing security situation in the city.
ajor General Al-Zubaidi chairs an extraordinary meeting of the Council of Ministers
A member of the Presidential Leadership Council, Major General Aidarous Qassem Al-Zubaidi, chaired this morning at the Presidential Palace in Ma’ashiq an extraordinary meeting of the Council of Ministers.
Wall Street Closing
U.S. stocks closed higher Wednesday after the Federal Reserve (Fed) took a less aggressive stance than expected.
Yemen reaches 124th place in FIFA's monthly ranking
The national football team has moved up one place in FIFA's new monthly ranking reaching the 124th as published by the FIFA on Thursday.
User Name: Password:
CBY warns banks against failing to submit financials or move to Aden
[05/08/2021 03:21]

ADEN-SABA
The Central Bank of Yemen has warned commercial and Islamic banks of failing to submit their financial statements or move headquarters from Houthi militants-controlled Sana'a to the interim capital Aden.

The warning came in a meeting chaired by the CBY's deputy governor Shakib Alhobeishi in the temporary capital Aden on Thursday.

The CBY warned the said banks they would bear consequences for putting them on the non-compliant banks list that will be circulated to all local and international financial institutions and organizations of concern.

The CBY demanded the banks to submit their financial statements within 15 days.

It ordered all commercial and Islamic banks to promptly move head offices to Aden where the CBY operates to allow for an easy verification and auditing of their dealings.

The CBY called on all commercial companies and vendors to carry out no financial or banking transactions including opening letters of credit or money transfers with the banks prone to be listed as non-compliant. The CBY said it won't bear any responsibilities for any damages resulting from dealing with non-compliant banks.

It affirmed that it would cash the foreign bank accounts of only the compliant banks to cover their letters of credits and import finance remittances.


Tareq Saleh chairs meeting for aviation committee to open Makha Airport
Essam al-Kathiri Under-Secretary of Local Administration, Amer al-Ameri Deputy Governor of Hadramout
Al-Eryani condemns Houthi militia for killing peasants, pillaging their lands in Hodeida governorate
Prime Minister receives European Ambassadors in Aden
Parliament Speaker discusses with representatives of political parties liberating Taiz
Health Minister stresses importance of partnership between the Ministry of Health and UNFPA
President al-Alimi urges government to double down efforts to restore the state's institutions, eliminate Houthi militia's coup
Eryani: Directives of Pres. Al-Alimi confirm state's seriousness in combating corruption
President al-Alimi receives Chairman of Political, Military Team
Report: Terrorist Houthi militia blamed for 3 thausand violations against Mosques

About Saba News Agency | Usage Agreement | Contact Us