Yemen Monitor / Newsroom:
The Governor of the Central Bank of Yemen in Aden held an extensive meeting on Wednesday with senior officials from commercial, Islamic, and microfinance banks operating in the country to discuss mechanisms for financing and regulating imports, as well as related procedures.
During the meeting, the governor emphasized the critical role of national banks in supporting the Central Bank’s efforts to achieve economic stability, ease the burden on citizens, and combat illegal and unlicensed activities within the financial sector.
He expressed appreciation for the banking sector’s cooperation in supporting the measures implemented by the Central Bank, while also voicing regret over recent acts of sabotage targeting some bank branches and money exchange companies. He stressed that such attacks would be firmly addressed by the security and judicial authorities in accordance with existing laws.
The governor also called for continued coordination and integration between the Central Bank and the banking and exchange sectors, in a way that serves the public interest and enhances trust in the financial system.
The meeting was attended by the Deputy Governor for Banking Supervision and the Head of the Executive Team of the National Committee for Import Financing and Regulation.
