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

Emergency Relief Convoy from KSrelief Arrives in Marib

An emergency relief convoy provided by the King Salman Humanitarian Aid and Relief Center (KSrelief) arrived in Marib Governorate on Sunday, as part of efforts to address the growing humanitarian needs of displaced families in the governorate.

Massive 7.0 Magnitude Earthquake Strikes Alaska, USA

A powerful 7.0 magnitude earthquake struck Alaska, USA, yesterday evening, according to the United States Geological Survey (USGS).

Japan's LNG imports down 1.4 percent

Japan's liquefied natural gas (LNG) imports fell 1.4 percent to 64.98 million tons last year 2025, compared to 2024. according to provisional data released by the Japanese Ministry of Finance today, Thursday.

Paris Saint-Germain temporarily tops the French league after their win against Auxerre

Paris Saint-Germain defeated Auxerre 1-0 in their Ligue 1 match on Matchday 19.

Last Update: ، 2026/01/25 Time 11:18:10
Latest News:

Prime Minister receives Italian Ambassador

Presidential Leadership Council Member al-Subaihi confers with U.S. Ambassador over partnership in fighting ..

President al-Alimi Congratulates on Australia National Day

Arab Parliament reiterates its support for Yemen's unity, sovereignty, territorial integrity

First Batch of Petroleum Derivatives Grant to Socotra Governorate Arrived

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.