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21/05/2022
 
General Manager Of The National Bank Of Yemen, a member of the Union of Arab Banks, participates in the Arab Banking Conference in Cairo
 
NBY 2022
 
Cairo "Al-Ahly Banking" special
 
Under the patronage of His Excellency the Governor of the Central Bank of Egypt, Mr, Tarek Hassan Amer, the Union of Arab Banks, in cooperation with the Central Bank of Egypt, the Union of Egyptian Banks, and the World Union of Arab Bankers, organized an Arab banking conference at the JW Marriott. Hotel - Cairo I Arab Republic of Egypt during the period from May 18-19 May 2022 Dr. Ahmed Ali Omar Bin Senker, General Manager of the National Bank of Yemen, member of the Union of Arab Banks, participated in the 20th Arab Banking Conference in Cairo, held 18-19 May 2022, in the presence of His Excellency Dr. Mohamed Amarm, our country's ambassador to the Arab Republic of Egypt. The conference was attended by more than (700) participants from the leaders of the Egyptian, Arab and international banking and financial sector, and through the agenda of the conference held over two days, 30 speakers spoke in 7 working sessions that were rich in important topics that were discussed at length by many specialists in the financial, banking and economic fields. . The topics raised in the conference were as follows:
  1. The impact of the international crisis on Arab food security.
  2. The rise in global oil and gas prices and the alternatives offered.
  3. The interaction of Arab financial markets with the crisis and the prospects for remittances.
  4. Risks facing global economic growth in light of the international geopolitical crisis
  5. Green finance and mechanisms to enhance financing for a sustainable future.


Among the most important recommendations that came out of the conference were summarized as:
  • The need for expansion and growth in investment in agricultural projects in Arab countries in order to enhance Arab food security.
  • Strengthening the role of central banks in absorbing the shocks resulting from the repercussions of the international crisis, through the use of unconventional methods in managing monetary policy
  • Providing supportive initiatives for the industrial sectors in the Arab region, with the aim of increasing export-oriented production.
  • Enhancing Arab banking investment opportunities in new and renewable energy projects, with the aim of reducing the impact of rising global oil and gas prices on non-oil countries.
  • Revitalizing the volume of Arab exports to contribute to increasing countries' own resources of foreign currency and facing the challenges of rising global prices
  • Diversifying the sources of supply related to imports of strategic commodities and benefiting from the opportunities of Arab economic integration in order to achieve self-sufficiency,
  • Continuing to create and improve the investment environment and enhance opportunities to attract foreign direct investment
  • Strengthening social security networks in the Arab region to contribute to reducing the effects of the crisis on different groups of low-income people
  • Enhancing the participation of the private sector in economic activity and. expanding investment in technology and low-emissions projects
  • The importance of developing plans for the transition towards a green economy with the aim of mitigating the effects of climate change and contributing to achieving sustainable development goals
  • Enhancing the role of green banking in achieving sustainable development.
 
NBY 2022 NBY 2022 NBY 2022
 

21/05/2022
 
The Director General of the National Bank of Yemen participates in the meetings of the Board of Directors of the Union of Arab Banks in Cairo and renews his membership in the Board of Directors of the Union for the next three years.
 
NBY 2022 NBY 2022
 
Cairo "Al-Ahly Banking" special
 
During the convening of the Arab Banking Conference for the year 2022 in Cairo, Arab Republic of Egypt for the period from May 18 to 19, 2022 and the conference that was held under the title: "The Repercussions of the International Crisis and Its Impact on the Economic Conditions in the Region", which included within the general program of the Union, and on the sidelines of the conference two important meetings were held The first meeting of the Board of Directors was the meeting of the Board of Directors of the Union of Arab Banks No. (113), which is the last meeting of the previous Board of Directors whose term ended, and then the obstacle of the Board of Directors meeting of the Union of. Arab Banks No. (114) in its new session, during which the Chairman of the Board of Directors was elected and the Vice President of the Board of Directors Where the new members of the Union of Arab Banks, including the presidential candidate, Mr. Muhammad Mahmoud Al-trebi, were elected as Chairman of the Board of Directors of the Union of Arab Banks, succeeding Sheikh Muhammad Al-Jarrah Al-Sabah, ,whose term has expired. Egypt and the President of the Federation of Egyptian Banks. Abdul Mohsen Al- Faris, representative of Saudi banks, member of the Board of Directors of the Saudi Development Bank, was also elected as Vice President, where he holds many senior banking positions, and acquired many diverse experiences in various key areas of banking in the Kingdom. Saudi Arab. We also note that the mandate of the Board of Directors of the Union of Arab Banks was renewed for the next three years at the meeting according to the official nominations received by the union before holding the meeting, which was held in the presence of Sheikh Muhammad Al-jarrah .Al-Sabah, Chairman of the Board of Directors, and the representative of Kuwaiti banks, and in the presence of Muhammad Al-Etrebi - the representative of Egyptian banks, the elected president of the union, Dr. of the Union of Arab Banks, and Dr. Adnan Ahmed Yousef, representative of Bahraini banks, Abdul Mohsen Al-Faris - representative of Saudi banks, current vice president of the Federation, Abdullah Mubarak Al .Khalifa. -representative of Qatari banks, Othman Bin Jelloun - representative of Moroccan banks, Adnan Al Ismail - representative of UAE banks, and Mahmoud Shawa. -representative of Palestinian banks. Dr. Adnan bin Haider bin Darwish, representative of the Omani banks, Muhammad Al-Agrab - representative of Tunisian banks, Dr. Taha Al-Tayeb Ahmed - representative of Sudanese banks, Lazhar Larash, representative of Algerian banks, Mr. Basem Al-Salem - representative of Jordanian banks, and Abdul Razzaq Al-Rayhoub - representative of Libyan banks. Al-Han.ash Quid 'Muhammad Ai-Saleh - the representative of the Mauritanian banks, Raghad. Jarj Maasab - the representative of the Syrian banks, Ziad Khalaf Abd - the representative of the Iraqi_ banks, Tariq Fayed - the representative of the joint banks, an.d. Dr. Ahmed Ali Omar bin Sarikar - the representative of the Yemeni banks. It is worth noting that the Director General of the National Bank of Yemen was renewed in the new term and his participation in the Board of Directors of the Union of Arab Banks Board of Directors in its new session for the second time under the nomination of the Central Bank of Yemen, the headquarters of Aden, which nominated Dr. Ahmed bin Sacker to represent Yemeni banks in the Union of Arab Banks for the time The second, in confirmation of the role he played in representing Yemeni banks effectively and his distinguished presence as a representative of Yemeni banks, which was represented in regularly attending the meetings of the Council and coordinating seriously to create a fruitful relationship for the banking sector and actively participating in conferences and various Arab activities, as well as creating a constructive relationship with banks Arabic in. the context of serving the Yemeni banking sector.
 

15/05/2022
 
The National Bank of Yemen approves the financial statements The Board of Directors of the National Bank of Yemen holds its annual meeting to review and approve the bank’s financial statements for the ending fiscal year 2020
 
 
  • The most important achievements of the National Bank in the year 2020 AD The capital adequacy ratio has increased to 83% compared to the requirements of the Central Bank of Yemen 8% and the requirements of the Basel Committee, which amount to 12%.
  • The owner’s equity (the Yemeni government) increased to 33.3 billion Yemeni riyals at the end of 2020, with a growth rate of 19% over the year 2019.
  • The increase in cash in the fund in the year 2020 AD, reaching 12 billion Yemeni riyals, compared to 4.3 billion Yemeni riyals in 2019 AD, at a rate of 181%.
 
Special Al-Ahly Banking:
 
The Board of Directors of the National Bank of Yemen held its annual meeting on Sunday, May 15, 2022, in the presence of all its members and the participation of the Bank’s executive management to review and approve the financial statements ended on December 31, 2020 and hear the report of the independent auditor, Mr. Dahman & Associates (RSM).
 
The meeting was opened with a speech by the Board of Directors of the National Bank of Yemen delivered by Dr. Ahmed Ali Omar Bin Sankar, General Manager, stated, “We expected that the year 2020 will be full of challenges, so the National Bank of Yemen continued to adopt a cautious work methodology and a flexible work plan, whose main axes were between achieving high returns and controlling risks effectively, while focusing at the same time on achieving customer satisfaction.” and service quality, improving productivity and operating efficiency, rationalizing expenditures, and strengthening the bank’s capital base.
Despite the escalation of challenges facing the banking system during the year, the continuation of the conditions of political and security instability and its various repercussions, the deterioration of the local currency rate, the shrinking of the volume of transactions locally and abroad, the difficulty of dealing with correspondent banks, and the limited opportunities for internal and external investment due to the existing local and regional conditions. Thanks to the permanent support of the owner (the government) and the measures taken by the management to support the continued operation of the bank, and the dedication of all employees, the bank was able to end the year 2020 AD with good results and remarkable and distinguished achievements at all levels, whether at the financial, organizational or service level, so that the year 2020 AD An important station in the bank's successful career.

We have seen in the National Bank of Yemen and the whole world the spread of the Covid-19 virus, which caused a global recession due to the closure of multiple cities and countries and the decrease in the movement of transport, travel and trade between and among countries, and the bank has followed procedures consistent with the procedures and instructions imposed by the World Health Organization and the Yemeni Banks Association, In addition, sums were allocated and disbursed in exchange for aid to employees, personal protection materials and hygiene, in order to preserve their lives. All banks operating in the Yemeni market have also experienced the effects and repercussions of the political crisis. However, our adherence to a conservative financial and banking policy based on a balanced approach has proven to be the best methods in banking work, and has helped us mitigate and reduce the negative effects of the repercussions of this crisis. The year 2020 AD was not without challenges that dominated the local economy and the banking market in particular, but we at the National Bank of Yemen, and despite these challenges, were able to achieve a satisfactory performance, distinguished by improving the quality of the bank’s assets backed by strong liquidity, excellent capital adequacy, increased property rights and increased profits The net worth, which is one of the main factors that helped in maintaining the improvement of the financial strength of the bank.

Within the framework of the strategy aimed at improving the operational performance of the bank, the bank’s management continued during the year 2020 AD to work with its conservative policy of creating provisions out of caution, maintaining highly liquid assets, and managing the bank’s assets and liabilities in a balanced manner and focusing on preserving the rights of owners and customers, in line with best practices in banks. And the instructions of the Central Bank of Yemen, which helped improve the efficiency and quality of the bank's assets.

As a result of the continuation of the cautious atmosphere in the local banking sector during the year 2020, the bank followed a severe investment and credit policy represented in avoiding investments and credit operations with high risks and creating additional provisions against expected credit losses for direct and indirect credit facilities, in response to the economic effects that may result from local and regional conditions during The subsequent period, with an increase in investment in public debt instruments of all kinds.

On February 2, 2020, the Bank, Headquarters - Aden, launched the process of launching the modern banking system, called "Live Launching with the Banks System" in the General Administration of the Bank and the two branches of Al-Aidaros and Queen Arwa in conjunction with the 50th anniversary of the bank's founding, and the Little Aden branch joined them on November 1, 2020.

With the continuation of the development of the bank, the restructuring of the bank was implemented by localizing employees in the financial control departments, central operations, and the treasury, and starting their work after training employees on the tasks specified in their organizational structures, as well as applying work guides and new procedures that were prepared in accordance with the programs and systems of the banking system. The new (BANKS), such as the Parts and Treasury Manual, the Internal Audit Department Manual, the Financial Control Manual and the Banking Operations Manual, etc., in accordance with the best practices in commercial banks, and training employees to apply and use them in order to expand the Bank's services and products and provide them at better levels for its customers and the honorable public.

In addition to completing a number of rules, systems and procedures that enhance confidence in the bank and its various activities, creating consensus in the bank in terms of the duties, responsibilities and committees of the board of directors, and the tasks and responsibilities of the executive management, developing the environment for control, internal control and risk management, in addition to upgrading the methods, foundations and principles of corporate governance currently in place, To be consistent with the bank's work plans and the requirements of the Central Bank of Yemen.

The bank has also completed projects to rehabilitate the buildings of a number of the bank's branches and inaugurated the Zanzibar branch building and the Al-Mua’alla port office - Aden. In accordance with the work plans, the Bank continued, in the year 2020, to maintain a balance between profitability and safe investment, avoiding investments and credit operations with high risks, providing the necessary cash liquidity to meet financial obligations of different terms, and optimal use of available funds efficiently and effectively represented in supporting the bank’s financial position and achieving Increasing growth in the bank's profitability.

The financial position of the bank:

Total assets at the end of 2020 amounted to 355.3 billion Yemeni riyals, an increase of 30.4 billion Yemeni riyals, with a growth rate of 9% over 2019. The cash in the fund increased in 2020 to 12 billion Yemeni riyals from 4.3 billion Yemeni riyals in 2019, a rate of 181 The net balances of treasury bills increased by 6% from 2019, and the net balances with banks increased by 31%, as well as the net direct credit facilities, which rose from 6.7 billion Yemeni riyals in 2019 to 7.1 billion Yemeni riyals in 2020 AD by 5%. Due to the bank’s application of a cautious policy in this regard. Customer deposits amounting to 298.6 billion Yemeni riyals as at the end of 2020, recorded an increase of 17 billion Yemeni riyals over the previous year, equivalent to 6%. The contingent obligations represented by documentary credits and letters of guarantee, amounting to 13.4 billion Yemeni riyals at the end of 2020, recorded a decrease of 8.9 billion Yemeni riyals from 2019 as a result of the policy of obtaining sufficient cash insurances to reduce credit risks.

Equity and Capital Efficiency

The administration’s efforts to develop the rights of the owner (the Yemeni government) continued to rise to 33.3 billion Yemeni riyals at the end of 2020, with a growth rate of 19% over 2019. The bank also maintained, by the end of 2020, a high capital adequacy ratio of 83%, compared to the requirements of the Central Bank of Yemen of 8% and the requirements of the Basel Committee, which amounted to 12%.

Financial and Operational Performance:

The profit for the year after zakat and income tax amounted to 6.62 billion Yemeni riyals, an increase of 557 million Yemeni riyals and a growth rate of 9% compared to the profit in 2019.

Revenues:

Total revenues amounted to 20.70 billion Yemeni riyals at the end of 2020, an increase of 230 million Yemeni riyals over the end of 2019, with a growth rate of 1%. As the returns on treasury bills increased from 32 billion Yemeni riyals in 2019 to 33.75 billion Yemeni riyals in 2020, an increase of 1.7 billion Yemeni riyals and a 5% increase over 2019, and the returns on certificates of deposit increased from 203 million Yemeni riyals in 2019 to 220 million. Yemeni riyals in the year 2020, with an increase of 17 million Yemeni riyals, an increase of 9% compared to 2019.

Expenses:

Total expenses amounted to 8.52 billion Yemeni riyals at the end of 2020, an increase of 697 million Yemenis riyals over the end of 2019 by 9%, as the total expenses related to employees increased from 7.17 billion Yemeni riyals in 2019 to 8.47 billion Yemeni riyals in 2020, with an increase amounting to 18%, and public and administrative expenses decreased from 1.19 billion Yemeni riyals at the end of 2019 to 1.14 billion Yemeni riyals at the end of 2020, a rate of 4%. Other expenses at the end of 2020 amounted to 2.48 billion Yemeni riyals, compared to 3.51 billion Yemeni riyals at the end of 2019, with a decrease of 29%. in 2020, with a decrease of 89%.

Earnings per share and return on average equity:

The capital was raised from 14 billion Yemeni riyals in the year 2019 AD to 17 billion Yemeni riyals in the year 2020 AD, and the number of shares was increased from 14 million shares in 2019 AD to 17 million shares in 2020 AD with a nominal value of 1,000 riyals. Therefore, the return per share decreased in 2020 AD to 389 Yemeni riyals compared to 433 in 2019, with a decrease of 10.2%, and the return on average assets in 2020 was about 2%, and the return on average equity was 22%.

While we expect that the year 2021 will be full of changes and challenges at the local and international levels, we are confident in the bank’s ability to achieve more successes in all aspects of the banking business, whether by providing services and products that keep pace with the aspirations of our customers or by continuing growth and outstanding financial performance.

Finally, the Chairman and members of the Board of Directors of the National Bank of Yemen extend their deepest thanks and appreciation to everyone who contributed to making the Bank what it is today, especially to mention. Retirees of the bank, its employees and contractors, its executive management, and local authority bodies in the governorates of Aden, Hadhramout, Lahj, Abyan, Shabwa, Socotra, Taiz, Al-Mahra, Al-Dhalea, the Minister of Finance, the government, and the Presidency of the Republic. We also highly value the role of the Bank's customers and clients, and we hope to increase their confidence in the Bank, and we ask God to make us as good as their trust in us.
 
Covered by: Walaa Wadih Thabet / Technical Supervisor
 
         
 

01/03/2022
 
Sunker
 

The second of Ramadan.. the competition dialogue for the Aden Cup for the side at the start station:

 
Special:
 

The 16th edition of the Aden Cup .Ramadan pentathlon championship will start on Sunday, "the second of Ramadan" at Al-Alwani Stadium in Mansoura, which is held under the auspices of the National Bank of Yemen in Aden for government institutions and companies over forty years. For the start of the tournament in all respects, in continuation to the previous tournaments organized by the bank for 15 years without interruption, except for the days of the Corona epidemic. To add some teams, I expect that the next tournament will be one of the best tournaments, God willing. He wished all the teams participating in the tournament that they had prepared well for the tournament and that everyone would work for its success, similar to the previous tournaments. In advance, his sincere thanks to the management of Mansoura Club for their cooperation in hosting the tournament in this Al-Alwani stadium.

The first group:

Oil - Police - Water - Al-Haswa Station

The second group:

Hygiene Fund Al-Ahly Bank - Health - Alesayi

The third group:

Overseas - Containers for Aden Development - Technical Education - Unity Cement

Fourth group:

Al-Sarari - University of Aden - Ports of Aden - Central Agency. It is noteworthy that the tournament is run by Brother/ Ahmed Hussein Al-Hasani and its secretary, Brother/ Rabea Abdel Hakim, under the supervision of Dr./ Ahmed bin Sankar and his assistant Captain/ Ali Musa. It is also mentioned that the Al-Sarani Foundation team was crowned the champion of the last championship, and the Cleanliness Fund team came in second place

 
Read more on: The second of Ramadan.. the competition dialogue for the Aden Cup for Five-a-side football at the start station

Inauguration of the Banks system in the tawahi branch

 
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Inauguration of the Banks system in the Zingubar branch

 
Banks Zingubar Banks Zingubar Banks Zingubar Banks Zingubar Banks Zingubar Banks Zingubar Banks Zingubar Banks Zingubar Banks Zingubar Banks Zingubar Banks Zingubar Banks Zingubar
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11/12/2021
 
The National Bank awarded the Arab Banking Excellence Award
 
 
The National Bank of Yemen reached a new achievement at the level of the Arab world, by receiving the Arab Banking Excellence and Achievement Award, which was awarded to it by the World Union of Arab Bankers in its annual ceremony on the 15 anniversary occasion in the Lebanese capital, Beirut, yesterday, Friday. Arab Banking VIPs, distinguished Arab banks and banking systems during the year 2021. Dr. Ahmed Ali Omar Bin Senker, General Manager of the National Bank of Yemen, member of the Board of Directors of the Union of Arab Banks, was present at the ceremony, where he received the Arab Banking Excellence and Achievement Award for the best Yemeni bank that excelled in the banking system and digital transformation and its excellence for the implementation of its strategic project for development, modernization, restructuring and the introduction of the new banking system (Banks), under exceptional circumstances, which undoubtedly will contribute to the introduction of new advanced services that will move the bank to the ranks of developed banks globally
 

 
 

Inauguration of the Banks system in the Cotton and Seiyun branches

 

Alqatn Branch

 
Banks Qatn Banks Qatn Banks Qatn Banks Qatn Banks Qatn Banks Qatn Banks Qatn Banks Qatn Banks Qatn Banks Qatn Banks Qatn Banks Qatn Banks Qatn Banks Qatn Banks Qatn Banks Qatn Banks Qatn Banks Qatn
 
 

Seioun Branch

 
Banks Seioun Banks Seioun Banks Seioun Banks Seioun Banks Seioun Banks Seioun Banks Seioun Banks Seioun Banks Seioun Banks Seioun Banks Seioun Banks Seioun 
 
29/09/2021
 
 
 
AlAyyam-Cairo
 
A plan to increase trade exchange and opening a branch of the National Bank of Yemen in Cairo
 
The Ambassador of Yemen to the Arab Republic of Egypt, Dr. Mohammad Ali Maram, Dr. Mohammad Halboub, Chairman of the Board of Directors of the National Bank of Yemen, and Dr. Ahmed Bin Senker, Executive Director of the Bank and Mr. Mohamed Al-Mujahid, Chairman of the Yemeni Business Council in Egypt, in the meeting, yesterday, Tuesday, with Mr. Mohamed Imbabi, Chairman of the Board of Directors of the Chamber of Commerce in Giza and other official members in the Chamber, have held discussion about the role that the Yemeni Embassy in Cairo, the Yemeni Business Council in Egypt and the National Bank of Yemen can play in partnership with the Chamber of Commerce to increase the activity of trade exchange between the two countries and increase investments. They also discussed the possibility of Egypt being a pivotal and regional center for Yemeni financial and banking transactions, especially in light of the openness and the gigantic economic renaissance that Egypt is witnessing during this period under the era of President Sisi, and ways to facilitate an increase in trade exchange between the two countries, facilitating the movement of investments, and the entry and exit of investment funds. between the two countries via bank transfers. In addition to opening bank credits, by opening a branch of the National Bank of Yemen to be the financial window for banking and banking transactions in order for Egypt to be a financial and commercial center for Yemeni investors, which will serve the economic and commercial relations between the two countries, and will serve all segments of society, including the commercial sector.
 
  
 

02/08/2021
 
 
 
The National Bank launches an advanced accounting system in its two branches in Mukalla, Hadramout
 
AlAyyam-Sieoun
 
banks
 
 
Today, Monday, the National Bank of Yemen started operating the Banks system in the two branches of the National Bank in Mukalla, the capital of Hadramout, as a part of the efforts of the management of the National Bank of Yemen, represented by the Chairman of the Bank's Board of Directors, Dr. Mohammad Halboub, to expand the process of modernization and development that the bank is witnessing, to raise the level of performance and workflow in the bank’s branches by strengthening them with the latest banking systems, in order to keep pace with progress and development in the world of banking and banking systems. The Governor of Hadhramaut Mr. Faraj Al-Bahsani, the Acting Chairman of the Board of Directors of the National Bank, Mr. Mohsen Al-Shabhi, and a number of bank managers and staff have inaugurated the work of the “Banks” system in the two branches of the bank in Mukalla and October district in Mukalla, to continue the process of enhancing the successes and achievements of the National Bank in the field of promoting the bank’s services. and its branches during the previous stage. The Governor of Hadhramaut, Mr. Faraj Al-Bahsani stressed the importance of the step of launching the Banks system, in keeping pace with the latest technologies and technology in the field of banking systems to develop work in the National Bank in all its branches, including Hadramout Governorate, pointing to the necessity of providing cash liquidity in the bank to fulfill its services and duties in front of customers. Mohsen Al-Shabhi stressed the keenness of the National Bank of Yemen’s management to continue efforts to develop and modernize the bank’s work system by adopting the latest technical programs and banking plans to contribute to the bank’s performance of all its banking and investment responsibilities and duties, and to provide distinguished services to its customers in accordance with the latest modern banking systems and means, up to A major qualitative leap in banking work at the level of Hadhramaut governorate in particular, and the National Bank in general.
 

 
02/08/2021
 
The National Bank of Yemen inaugurates the Banks system at its branch in Mukalla in Hadramout
 
Today, the National Bank of Yemen launched the new system (Banks) in the two branches of the National Bank of Mukalla in Hadramout Governorate. This comes within the framework of the efforts of the management of the National Bank of Yemen, represented by the Chairman of the Board of Directors of the bank, Dr. Mohammad Halboub, to expand the process of modernization and development that the bank is witnessing to raise the level of performance and workflow in the bank’s branches by strengthening them with the latest banking systems, in order to keep pace with progress and development in the world of banks and banking system. The Governor of Hadhramaut, Mr. Faraj Al-Bahsani, the Acting Chairman of the Board of Directors of the National Bank, Mohsen Al-Shabhi, and a number of bank managers and staff, inaugurated the work of the (Banks) system in the two branches of the bank in Mukalla and October neighborhood in Mukalla, to continue the process of enhancing the successes and achievements of the National Bank in the field of Promoting the services of the bank and its branches during the last stage. The Governor of Hadhramaut, Mr. Faraj Al-Bahsani, stressed the importance of the step of launching the Banks system, in keeping pace with the latest technologies and technology in the field of banking systems to develop work in the National Bank in all its branches, including Hadramout Governorate.. He pointed out the necessity of providing cash liquidity in the bank to fulfill its services and duties in front of customers. Mohsen Al-Shabhi stressed the keenness of the National Bank of Yemen’s management to continue efforts to develop and modernize the bank’s work system by adopting the latest technical programs and banking plans to contribute to the bank’s performance of all its banking and investment responsibilities and duties and to provide distinguished services to its customers in accordance with the latest modern banking systems and means, in order to make a Great quality jump of banking work at the level of Hadhramaut governorate in particular and the National Bank in general.
 

 
10/06/2021
 
The National Bank of Yemen receives the Excellence Award for the year 2020-2021 from the Arab Organization for Information and Communication Technology
 
 
 
 
 
Interview with Dr. Ahmed Ali Omar Bin Sankr, General Manager of the National Bank of Yemen and member of the Board of Directors of the Union of Arab Banks
 
1- Today we are in the forum “Compliance Activities and Strengthening Relationships with Correspondent Banks”, which is organized by the Union of Arab Banks in Beirut. How do you assess the most prominent challenges facing Yemeni banks with their correspondents today?
 
The political situation in Yemen, the events of the Arab Spring, the current state of war and the high degree of risk in the country have destabilized the relations of Yemeni banks with their foreign correspondents, who banned many banking transactions with Yemen, starting with incoming transfers, passing through outgoing transfers, after which the opening of credits, letters of guarantee and the entirety of Reciprocal banking transactions and services, until the demand was made to close the various accounts that are open to them as correspondents due to the steadily increasing risks and for successive periods of time. In the face of this reality, it was necessary to think and move towards finding other outlets and expanding the network of correspondents within the region, specifically Arab banks, including in Egypt, Jordan, Lebanon, the Gulf states and Turkey, with which our relationship before these successive crises was unfortunately almost non-existent. Today, the Yemeni banking sector is seeking to restore the pulse of its relations with its correspondents abroad, and indeed, foreign banks have begun to return to a relative degree to deal with us in recent times, while maintaining the relationship with correspondents in our Arab countries, whose reach and connections have expanded and have been unprecedentedly active in recent years.
 
2- After the recent economic and financial crisis in Lebanon, Lebanese banks seized the balances of many Yemeni banks. How did this incident affect you?
 
The National Bank of Yemen has long-standing relations with Lebanese banks, most notably “Bank of Beirut” with which we have been cooperating since the eighties in the matter of opening credits and others, and the trust was mutual between us, and things continued in an excellent manner until successive crises appeared in Lebanon, which developed from political crises to Finally, economic and banking, where the balances of the National Bank of Yemen were seized, in addition to the balances of many Yemeni banks in Lebanese banks. These retained balances represent commitments to pay the value of credits for major and necessary commodities that alleviate the suffering of the Yemeni citizen. This problem with Lebanese banks has created many difficulties and challenges for Yemeni banks and commercial institutions, and we are still looking for practical solutions with the Bank of Beirut and with the intervention of the Central Bank of Lebanon. between Yemen and Lebanon. Here, we thank the Union of Arab Banks (the General Secretariat in Beirut), represented by the Secretary-General, Mr. Wissam Fattouh, for his efforts and endeavors in solving many of these problems and coordination between Arab banks for the benefit of all, and facing the challenges that afflict the Arab banking sector in light of the crises it is going through. them during the last ten years.
 
3- How do you evaluate the situation of Yemeni banks today in the face of all these challenges, and their ability to abide by international banking standards?
 
Yemeni banks have been going through a difficult ordeal for more than 10 years, as they have been subjected to many shocks, most notably the collapse of the currency, and the political and military conflict that affected the economic, banking, financial and investment direction of the country. Despite all that, the banking sector remained largely resilient and maintained its commitments to the international community, Now, Yemeni banks are trying to keep pace with all local and international changes, and to develop technological banking programs and systems and banking services that must be provided, and there is now a trend towards digital transformation in providing these services despite all difficult circumstances.
 
4-The National Bank of Yemen, from the Arab Organization for Information and Communication Technology, received the Excellence Award for the year 2020-2021, due to the implementation of the modern development and restructuring project and the introduction of the new banking system (BANKS) on your system. How do you evaluate this experience?
 
We started at the end of 2010 to activate the bank’s strategic plan within the development and modernization project that included restructuring the bank and introducing a new banking system (BANKS), but due to the Arab Spring and the war conditions, we stopped working with this plan, and we reactivated it again in 2017, and we started implementing it after insisting on that in 02/02/2020. The new system (BANKS) accommodates all technological developments and new banking services within the framework of our vision as a bank and the trend towards digital transformation, which is sought by Arab and international financial and banking institutions with the aim of imposing tight control over economic crimes that have developed with the development of digital systems. Here, we thank the Arab Organization for Information and Communication Technology, For giving us this award, which motivates us to further progress and provide the best modern banking services.
 
5- What are the most prominent results achieved by the National Bank of Yemen in 2020?
 
Realistic and achieved indicators were translated by the profits achieved at the end of 2020 despite the difficult circumstances and successive crises. At the end of 2020, we achieved an exceptional profit estimated at about 8.5 billion Yemeni riyals, which is the highest profit rate in the history of the bank since its establishment, compared to 7.5 billion riyals. In 2019, 5.5 billion riyals in 2018, and 3.2 billion riyals in 2017, knowing that before 2015, the year of the war crisis, our profits did not exceed 4 billion Yemeni riyals.
 
6- What is your plan to develop retail services and achieve financial inclusion goals?
 
Yemeni banks have recently sought to develop their systems and programs to expand further into retail services, but unfortunately the state of panic experienced by citizens due to the financial and economic crises and the collapse of the currency, led to a decline in trust between banks and customers who have become reluctant to use advanced and modern banking services, and this is what We are currently observing it in many of our Arab countries, which are going through crises similar to our current situation.
 
7- What are your future projects?
 
Today, we seek to complete the implementation and application of all provisions of the development and modernization project plan by restructuring and applying the new banking system, which includes all the bank’s branches located in our country, fully absorbing the various digital banking services, developing the capabilities of employees and creating additional value through interest in rehabilitating the capabilities of working human resources to keep pace with the changes. modern banking sector. We also always seek to find new partnerships with various financial and banking institutions at the local and external levels, and our motto always remains "Experience and Trust".
 
 
News Source
 
  The video of the speech of Dr. Ahmed bin Sankr, General Manager of the National Bank of Yemen, at the Forum on Compliance Challenges and Strengthening Relations with Arab Correspondent Banks, held at the Union of Arab Banks
 
05/06/2021
 
Lebanese pledges to release part of Yemen's withheld deposits
 
 
Alayyam
 
A team of Yemeni banks informs the Governor of the Banque du Liban of the consequences of delaying the payment of the seized money The detention of Yemeni banks’ funds in Lebanon’s banks since the end of 2018, which negatively affected the Yemeni banking and economic sector. A source familiar with the meeting in Aden told Al-Ayyam yesterday that there were no clear results for the delegation, other than pledges from Banque du Liban Governor Riad Salameh to pressure Lebanese banks to release part of those seized Yemeni funds. The source revealed that the negotiations that took place on Wednesday and Thursday focused on the release of part of the previous credits as a down payment and the goodwill of the Lebanese side.” The value of Yemeni deposits held in Lebanese banks amounts to more than $100 million. The delegation of Yemeni banks included the Yemeni Ambassador to Lebanon Abdullah Al-Dais, Ali Baeshen, General Director of Banking Supervision at the Central Bank, Yasser Al-Qubati, General Manager of Correspondent Accounts, and General Manager of the National Bank of Yemen, member of the Board of Directors of the Union of Arab Banks, Dr. Ahmed bin Sanker, Rafeeq Al-Qubati, Executive Vice President of CAC Bank, Abdulwahab Atef, Economic Adviser, and Abdul Rahman Al-Ashwal, Assistant Media Counsellor at the Yemeni Embassy in Lebanon, in addition to the participation of Dr. Wissam Fattouh, Secretary General of the Union of Arab Banks.Yemen needs foreign currency funds to help it cover food commodities, At a time when the price of the local currency continues to fall against foreign currencies, Lebanese banks have withheld the deposits of their Yemeni counterparts in the wake of the collapse of the lira since the end of 2018, when the dollar entered Lebanon has faced successive economic and political crises and an almost total collapse of the country's financial and economic sector. Yesterday, Friday, the official Yemeni Saba Agency (the legal version) said that the governor of the Banque du Liban informed the delegation of Yemeni banks of proposals and treatments he reached with Lebanese bank officials regarding the withheld funds. The agency indicated that the Yemeni ambassador in Beirut, Abdullah Al-Deais, informed Riad Salameh that delaying the payment of benefits from the seized funds has significant financial and legal consequences. The internationally recognized Yemeni government had called on Lebanon during August 2020 to "find a solution to the frozen Yemeni bank balances in Lebanese banks since the banking sector in Lebanon imposed restrictions on foreign currencies and prevented their withdrawal." The Yemenis are beset by complex crises, with the continued deteriorating economic conditions that they have been experiencing since 7 years of war, and the interruption of salaries and businesses, while local currencies are in conflict throughout the country.
 
News Source
 

 
05/06/2021
 
 
The Yemeni banking delegation in Beirut meets the Governor of the Banque du Liban in the presence of the Yemeni ambassador
 
 
 
altnmiapress
 
The Central Bank of Yemen delegation continued its meetings on Thursday evening, June 3, 2021 AD, with a meeting with the Governor of the Central Bank of Lebanon, Riad Salameh, at the bank’s building in Beirut after a series of meetings held by the delegation with the Deputy Governor of the Bank of Lebanon and officials of the Bank of Beirut, to reach a solution to the problem of Yemeni outstanding balances And held by the Bank of Beirut. At the beginning of the meeting, the brothers conveyed the greetings of the Central Bank of Yemen Governor Ahmed Obaid Al-Fadhli and his deputy, Shakib Al-Hubaishi, to the Central Bank delegation. The Yemeni ambassador to Lebanon, Abdullah Al-Deais, also touched on the distinguished role and bilateral relationship between the two countries. Within the framework of the necessity of exercising his supervisory role on the Lebanese banking sector, the Governor of the Banque du Liban understood the demands of the Central Bank of Yemen, and promised to push towards addressing the release of withheld balances and the payment of obligations by the Bank of Beirut to Yemeni banks, in order to preserve the depth of historical relations between the banking sectors in Yemen and Lebanon. The meeting was attended from the Yemeni side by the Yemeni ambassador to Lebanon Abdullah Al-Dais, and from the Central Bank of Yemen Ali Baeshen, Director General of Banking Supervision, Yasser Al-Qubati, General Director of Correspondent Accounts, Director General of the National Bank of Yemen, Member of the Board of Directors of the Union of Arab Banks, Dr. Ahmed bin Sankr, Rafiq Al-Qubati, Executive Vice President of CAC Bank, Abdul Wahab Atef, Economic Adviser, Abdul Rahman Al-Ashwal, Assistant Media Adviser at the Yemeni Embassy in Lebanon, in addition to the participation of Dr. Wissam Fattouh, Secretary General of the Union of Arab Banks.
 
News Source
 

 
 
04/06/2021
 
Salameh: I will pressure the Lebanese banks to release the Yemeni funds
 
 
Riyadh-Sabanew.net
 
The Governor of the Banque du Liban, Riad Salameh, confirmed that he will pressure the managers of Lebanese banks to release part of the funds of Yemeni banks held by their Lebanese counterparts and to reschedule the remaining amounts. This came during his meeting today with a delegation from the Central Bank and Yemeni banks, referring to the proposals and treatments he reached with Lebanese bank officials in this regard. The Yemeni ambassador in Beirut, Abdullah Al-Deais, expressed his thanks and appreciation for the efforts made by the Governor of the Banque du Liban, his provision of facilities to Yemeni banks, and his previous directives to open credits with Lebanese banks. The ambassador also called on the Governor of the Banque du Liban to intervene in order to release the Yemeni funds, as they are to cover the purchase of basic commodities, and that delaying the payment of benefits entails significant financial and legal consequences.
 
News Source
 

 
04/06/2021
 
The Yemeni banking delegation in Beirut meets du Liban in the presence of the Yemeni ambassador
 
  
 
Central Bank of Yemen
 
The Central Bank of Yemen delegation continued its meetings on Thursday evening, June 3, 2021 AD, with a meeting with the Governor of the Central Bank of Lebanon, Riad Salameh, at the bank’s building in Beirut after a series of meetings held by the delegation with the Deputy Governor of the Bank of Lebanon and officials of the Bank of Beirut, to reach a solution to the problem of Yemeni outstanding balances And held by the Bank of Beirut. At the beginning of the meeting, the brothers conveyed the greetings of the Central Bank of Yemen Governor Ahmed Obaid Al-Fadhli and his deputy, Shakib Al-Hubaishi, to the Central Bank delegation. The Yemeni ambassador to Lebanon, Abdullah Al-Deais, also touched on the distinguished role and bilateral relationship between the two countries. Within the framework of the necessity of exercising his supervisory role on the Lebanese banking sector, the Governor of the Banque du Liban understood the demands of the Central Bank of Yemen, and promised to push towards addressing the release of withheld balances and the payment of obligations by the Bank of Beirut to Yemeni banks, in order to preserve the depth of historical relations between the banking sectors in Yemen and Lebanon. The meeting was attended from the Yemeni side by the Yemeni ambassador to Lebanon Abdullah Al-Dais, and from the Central Bank of Yemen Ali Baeshen, Director General of Banking Supervision, Yasser Al-Qubati, General Director of Correspondent Accounts, Director General of the National Bank of Yemen, Member of the Board of Directors of the Union of Arab Banks, Dr. Ahmed bin Sankr, Rafiq Al-Qubati, Executive Vice President of CAC Bank, Abdul Wahab Atef, Economic Adviser, Abdul Rahman Al-Ashwal, Assistant Media Adviser at the Yemeni Embassy in Lebanon, in addition to the participation of Dr. Wissam Fattouh, Secretary General of the Union of Arab Banks.
 
News Source
 

 
03/06/2021
 
A delegation from the Central Bank of Yemen and representatives of Yemeni banks meet the Governor of the Banque du Liban in the presence of our country's ambassador to Lebanon
 
A delegation from the Central Bank and representatives of Yemeni banks met today, the Governor of the Banque du Liban, Riad Salameh, in the presence of our country's ambassador to Beirut, Abdullah Al-Dais, and members of the embassy. By intervening in order to release the Yemeni funds, as these funds are for the purchase of basic commodities such as food and medicine for the Yemeni people, and delaying the payment of entitlements entails significant financial and legal consequences. In turn, the governor of a bank confirmed that he would seek to pressure officials in Lebanese banks to release part of those funds and schedule the remaining amounts, suggesting some solutions and treatments he reached with officials in Lebanese banks.
 
  
  
 

 
02/06/2021
 
Governor of Lahj, Major General Turki and Chairman of the Board of Directors of the National Bank, d. Halabob inaugurates the launch of the Banks system
 
Sada Alhaqiqa
 
In the presence of the Governor of Lahj Governorate, Major General - Ahmed Abdullah Al-Turki, Dr. Muhammad Hussain Halboub - Chairman of the Board of Directors of the National Bank of Yemen, (Live launch) of the Banks system took place this morning in Lahj Governorate. And that is through the optical fibers of the company (Aden Net), and in cooperation between the company (ICSfh) Jordan branch, and the local bank cadres in the project of developing and modernizing the bank, the Department of Information Technology. At the beginning of the conversation, the Governor of Lahj Governorate / Ahmed Abdullah Al-Turki gave a speech, in which he expressed his happiness with the inauguration of the introduction of the digital banking system, which linked Lahj with the global banking system, which will facilitate its cadres to implement banking operations in the governorate .. which we hope will help ensure the availability of liquidity In which. Pointing out by saying that it was discussed today the difficulties facing government departments in the province, due to the lack of liquidity in the Central Bank of Hajj. On his part, Dr. Muhammad Hussein Halboub - Chairman of the Board of Directors of the National Bank of Yemen - The (live launch) of the Banks system, Lahj branch, is only a partial (model) of a comprehensive modernization and development process in the National Bank of Yemen, including the general administration and (27) branches distributed in nine governorates He explained that this process started in March of the year (2017) and included all areas and activities in the bank. Dr. pointed out. Halboub: The most important step for modernization and development was to rehabilitate the bank’s workers and employees, who are the real capital of the bank. Where (155) employees were sent for training and rehabilitation on banking and administrative systems in Jordan and Egypt. The bank was forced to do so, especially after foreign experts refused to come to Yemen to carry out the modernization process, due to the war conditions. And the security instability in the country.. The second step was the purchase and introduction of the banking system (Banks) in the National Bank through the international company ICSfh, whose cost amounted to (2,237,000) dollars. He added, "The administrative system has also been updated and developed for a while, administrative restructuring, and a modern procedures manual. This process was carried out under the supervision of the world's largest professional consulting company, Deloitte & Touche. Within the framework of the modernization and development process, the Rehabilitation of the building of this branch and nine other branches, which were equipped with all modern devices and equipment, and the capital of the bank was raised from 10 billion to 17 billion Yemeni riyals.The process of modernization and development was accompanied by an improvement in the living standard of the bank’s employees, as the item (wages, salaries and the like) increased by a percentage 125% Concluding with a word that we are proud of what the National Bank has achieved in the most difficult and complex circumstances, and now the National Bank uses the latest developments in science, and it works with a new digital system (Banks), and through it the bank enables the comprehensive linking of the bank’s administrative units internally, as it can deal with any bank in The world from any branch inside, with what is currently called “the digital system that we are about to launch here in the Lahij branch, and the digital system will be introduced to all other branches in Al-Habileen, Al-Dhalea, Yafa’, Ataq, Mukalla, Al-Shahr, Sayun, Al-Qattan, Zanzibar and Rassd, And Ministry, Mahra and Socotra. This represents a qualitative transfer of the National Bank and the banking system in Yemen as a whole. For his part, Mamdouh Alwan - Director of the Central Bank of Lahij Branch, praised the efforts of Dr. Halboub, which took the initiative during his tenure and the decision-maker to enter the modern banking system to facilitate the implementation of banking operations.
 
News Source
 

 
 
01/06/2021
 
The Governor of Lahj and the Chairman of the Board of Directors of the National Bank inaugurates the launch of the Banks system
 
   
 
 

 
 
01/06/2021
 
Turkish Major General Dr. Halboub inaugurates the launch of the Banks system at the National Bank of Yemen's Hajj branch
 
 
Delta-Press Lahej
 
Major General Ahmed Abdullah Al-Turki, Governor of Lahj, and Dr. Muhammad Hussein Halboub - Chairman of the Board of Directors of the National Bank of Yemen, inaugurated this morning in Lahj Governorate, the (live launch) of the Banks system, at the bank’s branch in Lahj, via optical fibers of (Aden Net), and in cooperation between (Aden Net) company ICSfh) Jordan Branch, and the local bank cadres in the bank's development and modernization project, Information Technology Department. At the beginning of the inauguration, the Governor of Lahj Governorate / Ahmed Abdullah Al-Turki spoke in a speech in which he expressed his happiness at the inauguration of the introduction of the digital banking system, which linked Lahj with the global banking system, which will facilitate its cadres to implement banking operations in the governorate. By saying that today, the difficulties facing government departments in the province were discussed due to the lack of liquidity in the Central Bank of Hajj. For his part, Dr. Muhammad Hussein Halboub - Chairman of the Board of Directors of the National Bank of Yemen - confirmed that the (live launch) of the (Banks) system, Lahj branch, is only a partial model for a comprehensive modernization and development process witnessed by the National Bank of Yemen, including the public administration. And (27) branches distributed in nine governorates.. He explained that this process began in March of the year (2017 AD) and included all areas and activities in the bank. Dr. added. Halboub: The most important step for modernization and development was the rehabilitation of the bank's workers and employees, who are the real capital of the bank. As (155) employees were sent for training and qualification on banking and administrative systems in Jordan and Egypt. The bank was compelled to do so, especially after foreign experts refused to come to Yemen to carry out the modernization process, due to the war conditions. And the prevailing security instability. The second step was the purchase and introduction of the banking system (Banks) in the National Bank by the international company ICSfh, whose cost amounted to (2,237,000) dollars. He added: “The administrative system has been updated and developed, the administrative structure has been restructured, and a modern procedures manual has been applied. It is the process that took place under the supervision of the world's largest professional consulting firm, Deloitte & Touche. As part of the process of modernization and development, the building of this branch and nine other branches were rehabilitated. It was equipped with all modern devices and equipment, and the bank's capital was raised from 10 billion to 17 billion Yemeni riyals. The process of modernization and development was accompanied by an improvement in the standard of living of the Bank’s employees, as the item (wages, salaries and the like) grew by 125%. Concluding his speech by saying: We are proud of what the National Bank has accomplished in the most difficult and complex circumstances, and now the National Bank is using the latest developments in science. And it works with a new digital system (Banks), and by means of it the bank is able to link comprehensively to the bank’s administrative units internally, and it can deal with any bank in the world from any branch inside, with what is currently called “the digital system that we are about to launch in the Lahij branch, as well as The digital system will be introduced to all other branches in Al-Habileen, Al-Dhalea, Yafa, Ataq, Mukalla, Al-Shahr, Sayun, Al-Qattan, Zanzibar, Rassd, Ministry, Al-Mahra and Socotra, and this represents a qualitative leap for the National Bank and for the banking system in Yemen as a whole. For his part, Mr. Mamdouh Alwan - Director of the Central Bank of Lahij Branch, praised the efforts of Dr. Halboub, which took the initiative during his reign and the decision-maker to enter the modern banking system and all modernization works.
 
News Source
 

 
 
01/06/2021
 
Lahj.. Inauguration of the live launch of the Banks system in the National Bank
 
 
Alkhabarpost
 
The Governor of Lahj Governorate, Major General Ahmed Abdullah Al-Turki, and Chairman of the Board of Directors of the National Bank, Dr. Muhammad Hussein Halboub, inaugurated this morning the live launch of the Banks system in the National Bank of Lahij branch, which will contribute to providing banking and financial services in the governorate. The governor of Lahj cut the ribbon to open the live launch of the modernization system and the development of Banks in the branch of the National Bank in the province. The ceremony was attended by the Director General of the Central Bank in the governorate, Mamdouh Alwan, the director of the National Bank branch, the Lahij branch, and in Moqbel, and the director of the security of the Al-Houta Directorate, Commander Awad Al-Shallan, and a number of officials in the governorate and the employees of the National Bank of Aden and Lahj branches.
 
News Source
 
01/06/2021
 
Governor of Lahj, Major General Turki and Chairman of the Board of Directors of the National Bank, d. Halabob inaugurates the launch of the Banks system
 
 
Aden Alghad/khlaasa.net
 
The Governor of Lahj Governorate, Ahmed Abdullah Al-Turki, inaugurated today, Tuesday, with Dr. Muhammad Hussein Halboub, Chairman of the Board of Directors of the National Bank of Yemen, and in the presence of the Director of the National Bank’s Balhaj Branch, the Acting Director of the National Bank Mohsen Al-Shabhi, Deputy Director of the National Bank Ali Musa, and the Director of the Central Bank in the governorate Mamdouh Alwan The start of the live launch of the Banks system, which cost more than 2 billion riyals and with the expertise of international foreign companies, which will contribute to providing banking and financial services in the governorate. At the inauguration ceremony, the governor of the Turkish province began with a speech in which he praised the role of the National Bank, which has many contributions in stimulating economic and banking activity. Today, we are pleased with this inauguration of the Banks system, which will provide all facilities and financial services to the government and citizens in Lahj Governorate. The Turkish governor praised the relationship of the governorate leadership with the leadership of the National Bank, represented by Dr. Halboub, who was the first to move the stagnant banking waters in Lahj.. Expressing his optimism that the activity of the bank branch in the governorate would expand and include support for various investment sectors. The Turkish governor stressed that the province's leadership will provide security protection for the bank's branch, its cadres and its financial activity to serve this new banking system, the Banks system, from which citizens will benefit. For his part, Dr. Muhammad Hussein Halboub, Chairman of the Board of Directors of the National Bank, explained that the launch of this system came as an extension of several developmental steps to activate the bank’s activity, the most important of which are developing the banking, administrative and financial system, rehabilitating the bank’s facilities, equipping and modernizing the modern technology system in the field of providing computers, training cadres, and raising the salaries of employees to 120% parallel with this comprehensive development process and the provision of machines and air conditioners to improve the work environment for the banking staff. Dr. Halboub also touched on the expansion of the bank's activity horizons in Hadhramaut governorate in the field of financing the purchase of solar energy and its use in agricultural investment activity, stressing that the experiment will spread in Lahj and other governorates. The Turkish governor and Dr. Halboub had listened to a detailed explanation by the director of the National Bank branch in Lahj about services in the field of loans, which amounted to more than 105 million riyals, in addition to 644 million deposits. The Governor of Lahj and Dr. Halboub had made an inspection visit to the Central Bank of Lahj Governorate and listened to a detailed explanation from Brother Mamdouh Alwan, Director of the Central Bank of Lahj, who reviewed the efforts of the government and the governorate in rehabilitating the Central Bank of Lahj, which was subjected to the destruction of its building and looting of its money by al-Qaeda and how it was overcome These forms and difficulties enable the bank to carry out its activities and provide its services to citizens. Brother Mamdouh Alwan, Director of the Central Bank of Lahj, also praised the role of Dr. Halboub, Chairman of the Board of Directors of the National Bank, who took the lead in developing the banking infrastructure and introducing the Banks system, which will contribute to providing banking and financial services in Lahj governorate.
 
News Source
 

 
31/05/2021
 
Some pictures from Dr. Ahmed Bin Sankr's meeting with Mr. Wissam Fattouh, Secretary General of the Union of Arab Banks, at the headquarters of the General Secretariat of the Union of Arab Banks.
 
 
 
A photo of the meeting that Dr. Ahmed bin Sankar brought together with the Ambassador of Yemen to Lebanon, His Excellency Mr. Abdullah Al-Deais, at the embassy's office in Beirut.
 
Arab banks 2021
 
29/05/2021
 
Director of the National Bank: Digital banking crimes have developed and Yemen has made achievements in combating it.
 
 
alayyam
 
The Director General of the National Bank of Yemen, Dr. Ahmed Ben Sankr, yesterday, Thursday, at the activities of the Union of Arab Banks, in the Lebanese capital, Beirut, which was titled (Challenges of Compliance and Strengthening Relations with Correspondent Arab Banks), that economic crimes have developed with the development of digital systems, so technological programs must be developed and developed with the aim of imposing tight control . Dr. confirmed. Bin Sinker that Yemen and the Arab countries, like the rest of the world, have been working at a high and accelerating pace on the issue of commitment and compliance, as well as combating money laundering and terrorism since the start of work and activating this approach internationally in this matter, aiming, of course, to limit the spread of financial crimes, as this was clearly manifested for all through The interest of institutions and organizations around the world, including legislative and regulatory authorities, in defining standards and controls for financial and banking work, and they have consistently applied and circulated them, and have become obligated to comply with and implement them. He pointed out that banking institutions in Yemen have taken care of the training and rehabilitation process for their working cadres and the use of Arab and international expertise, attendance and participation in meetings, as well as events at the international, regional and local levels, and creating Yemeni expertise capable of dealing with the application of these standards and controls that embody the oversight of the performance of financial institutions and evaluation of their performance level and its commitment and compliance, and recently it has reconfigured the information collection unit, which will contribute to activating the supervisory role. And in the same context, we do not hide from you that the main Central Bank of Yemen in Aden and the banks and banks operating in our country, despite the circumstances that the country has been going through in the last ten years and the difficult changes and challenges that the Yemeni banking sector is witnessing and facing what the banking system in the world has not faced, except I would like to assure you that despite this, it has remained a resilient sector with its performance, its preservation of its relationship and its commitment to applying all international standards related to regulatory aspects.The Director of the National Bank of Yemen indicated that the Yemeni banking sector, represented by Yemeni banks and with the help of the Central Bank, has sought to restore the pulse Because of his relationship with his correspondents linked to the Yemeni banking system, and he achieved what he achieved in creating a relationship, even in a better condition, with his correspondents in the Arab region in light of the applied ban from his correspondents abroad, which began to return relatively to deal again in recent times, and the banking system in Yemen embodied that doing With visits to several Arab countries, including the Union of Banks and the Bank and Banks in Lebanon in 2018, with the aim of revitalizing and creating relationships that serve the Arab banking sector and confront any challenges Hadyat, and it has been called constantly to strengthen relations with correspondents within the Arab world under the umbrella of dealing in accordance with banking and recognized norms.
 
Below is a copy of the news in Al-Ayyam newspaper
 
 
 
Dr.. Ahmed bin Sankr to Al-Iqtisad: The outstanding Yemeni credits in Lebanese banks are estimated at $60 million
 
 
 
Dr. Ahmed bin Sankr, General Manager of the National Bank of Yemen, member of the Board of Directors of the Union of Arab Banks, confirmed in an exclusive interview with Al-Iqtisad that "Yemen went through difficult and stifling conditions, specifically in 2015 when the war broke out there." Explained by Dr. Sunkar, who represented Yemeni banks at the Forum "Challenges of Compliance and Strengthening Relationships with Correspondent Banks" held in Beirut: "Despite all the circumstances that Yemen has gone through, we tried as much as possible as Yemeni banks with the Central Bank of Yemen to overcome difficulties at the beginning of the crisis, but the continuation of the military conflict What is outside the will of the banks has exacerbated the situation, so we tried to keep the work of the banks within the banking system within reason, but things deteriorated after that, specifically with regard to our relations with our correspondents abroad, and the level of risks increased due to the high level of conflict. Gradual steps, including stopping the incoming remittances, and then in a second step, the outgoing remittances were stopped, and then the credits were not opened and then the accounts were closed, so this was the last stage, which really caused the suffocation.” And he continued: "But, perhaps, it is harmful and beneficial. Our relations and correspondences were mostly with European and American banks. In contrast, our correspondence with Arab banks is almost negligible. This dilemma that occurred to us after the war made us think of creating new, more expanded relations in Arab countries. As general manager of the Yemeni National Bank. We have made several tours in the Arab regions and Turkey, and we have opened relations with banks there." Dr. added. Sinker: “It was our first visit to Lebanon to correspond with banks here in 2018, and was led by the governor of the Yemeni Bank and a delegation of Yemeni banks. What is desired is in terms of opening credits for Yemenis to export basic commodities, and there are close relations with some Lebanese banks, but unfortunately with the beginning of the crisis that struck Lebanon, the issue of payment was hampered and the ability of Lebanese banks to pay abroad was disrupted due to the conditions imposed by the Central Bank of Lebanon, which caused us bottlenecks. big." He concluded: "The crisis in Lebanon has worsened until things have recently become impossible, as the value of Yemeni credits suspended in Lebanese banks is currently estimated at $60 million. Hope to find solutions soon.
 
News Source Link
 
28/05/2021
 
At this ten o'clock in the evening, the new surprise of the National Bank of Yemen from the closing proceedings of the forum and in the award ceremony for Arab banks at the level of each country, the National Bank of Yemen was chosen and awarded the Excellence Award for the year 2020-2021 regarding excellence in restructuring and the introduction of the new banking system New in the context of the trend towards digital transformation sought by Arab financial and banking institutions at the present time. Congratulations to the National Bank
 
 
The Director of the National Bank, Bin Sankar, participates in the Forum of the Union of Arab Banks and confirms that the banking sector faces challenges despite its steadfastness in its performance and its preservation of its external relationship
 
Beirut / Special
 
The Forum "Challenges of Compliance and Strengthening Relationships with Correspondent Banks" organized by the Union of Arab Banks Ahmed bin Sankr and representatives of the Central Bank and the Agricultural Credit Bank, CAC Bank. The Director General of the National Bank of Yemen, a member of the Board of Directors of the Union of Arab Banks, Dr. Ahmed Bin Sankar, said, "The Yemeni banking sector has witnessed in the last ten years difficult changes and challenges that the banking system in the world has not faced." He added in his speech today at the opening of the Forum "Challenges of Compliance and Strengthening Relations with Correspondent Banks" organized by the Union of Arab Banks in the Lebanese capital Beirut, "In spite of this, the Yemeni banking sector has remained resilient with its performance and its preservation of its relationship and commitment to the application of international standards and related aspects of supervision. And maintaining his close relations with his correspondents despite the measures taken by foreign correspondents due to the risk that has risen due to the conditions the country is going through. Bin Sinker stressed that Yemen, since the beginning of the application of these internationally agreed standards, has begun to activate them in financial and banking institutions, and the Republic of Yemen, represented by the Central Bank, has fully complied with all relevant laws and circulars and devoted efforts that would embodied the commitment of the government, the bank and commercial banks, and attention was paid to In many aspects, including establishing the necessary legislation and mechanisms to implement what is required in order to keep pace with this international trend. He pointed out that banking institutions were interested in the process of training and rehabilitation for their working cadres, seeking assistance from Arab and international expertise, attending and participating in meetings as well as events at the international and regional levels, and creating Yemeni expertise capable of dealing with the application of these standards and controls that embody the oversight of the performance of financial institutions and the assessment of their performance, commitment and compliance level. By restructuring the information collection unit, which would contribute to activating the supervisory role. He pointed out that the Yemeni banking sector, with the help of the Central Bank, has sought to restore the pulse of its relationship with its correspondents linked to the Yemeni banking system, and has achieved what it has achieved in creating a relationship, even in a better condition, with its correspondents in the Arab region, in light of the imposed ban on its correspondents abroad, which began to return relatively to deal again. at recent days. He explained that the banking system in Yemen embodied this by making visits to several Arab countries, including to the Union of Banks and the Bank of Banks and Banks in Lebanon in 2018, with the aim of activating and creating relationships that serve the Arab banking sector and facing any challenges.. He added that he has constantly called for strengthening relations with our correspondents within the framework of the country. Arab Bank and under the umbrella of dealing in accordance with banking and accepted customs. The two-day forum, in which elite Arab banking leaders participate, discusses a number of topics related to the impact and repercussions of sanctions, avoiding risks on Arab banks, cooperation between the private and public sectors to combat money laundering and terrorist financing operations, and the possibility of increasing compliance risks, money laundering operations and terrorist financing in light of the Corona pandemic and the budget Between the benefits and challenges of digitization and the increasing reliance on technology.
 
     
     
 
27/05/2021
 
 
Text of Dr. Ben Sanker's speech:
 
Honorable attendees
 
Distinguished attendees,,,,,,,, We welcome you the most beautiful welcome from the hearts of the people of Yemen, even if that is from the center of our beloved Beirut, our dear Arab homeland, Beirut, promising future prospects in various fields and always flowing from its beautiful beach... Today, it hosts activities and events targeting The totality of transformations, including what we seek in our banking and financial field, is the digital transformation in the banking system. From here, we stand with all honesty and integrity with our brothers and family in Lebanon to overcome any difficulties it faces in its current economic plight. The most beautiful thing is that we are racing against time and wrestling with challenges under similar difficult and critical circumstances, but with the professional and serious determination of men, we will overcome these adversities with full power, God willing.. How is it not worthy of Lebanon to appear on the horizon while Beirut embraces the Union of Arab Banks, through which events are held despite the difficulties, and we promised it the faithful and faithful promise that we will respond to its call, no matter how hard it costs us to reach it, eager to achieve a step towards the real transformation of an advanced Arab banking reality that creates a cooperative framework to present the finest Modern banking services The union will remain steadfast as long as there are competent men who work silently so that the union advances its work and activities, which are engineered with a distinguished and capable professional mindset... and we will remain steadfast with the concerted efforts of all so that the fortress of the union remains steadfast in the heart of Lebanon, the steadfastness and Beirut, the smiling rose of the Arabs. Distinguished attendees: We are pleased to meet today in this forum under the name of "Challenges of Compliance and Strengthening Relations with Arab Correspondent Banks", which coincides and coincides with a set of regional and international variables and developments whose impact we note on all levels. Economic development in the Arab world. Our Arab countries, like the rest of the world, have taken a high and accelerated interest in the issue of commitment and compliance, as well as combating money laundering and terrorism since the start of work and activating this trend internationally in this matter, aiming, of course, to limit the spread of financial crimes, as this was clearly manifested for all through the interest of institutions and organizations in the world. Collect, including the legislative and regulatory authorities, to define standards and controls for financial and banking work and have consistently applied and circulated them, and have become obligated to comply with and comply with their implementation. It became clear to everyone in the financial and banking institutions in different parts of the world that commitment and compliance must proceed in the embodiment of financial and banking work through the application of the necessary standards and even development and the development of technological programs with the aim of imposing tight control through an integrated system that serves the supervisory work on these institutions, which is reflected in the impact of this It should improve its performance, and that all of this, in turn, enhances customers’ confidence in financial and banking institutions, as they perform their work within the framework of compliance with regulations and in accordance with specific and clear controls and standards, as the occurrence of financial crimes in our advanced and accelerating era (in the steps of its development compared to the past), certainly if it occurred in (An institution) brings catastrophic results that afflict and destroy these entities due to non-compliance with the regulations and standards that must be followed. Any failures or negligence actually have negative and catastrophic effects, and the examples are many in our lived reality. For this reason, the Financial and International Working Group (FATF) has had a positive impact on its insistence on applying its standards, and made this obligation a continuous and expanding workshop with the passage of time. and effectively. Distinguished attendees: Since the beginning of the application of these internationally agreed standards, our country, Yemen, has begun to activate them in financial and banking institutions. The Republic of Yemen, represented by the Central Bank of Yemen, has fully complied with all relevant laws and circulars and has devoted efforts that would embodied the commitment of the government, the central bank and banks And Yemeni banks, and attention has been given to many aspects, including the consolidation of the necessary legislation and mechanisms to implement what is required in order to keep pace with this international trend. Dealing with the application of these standards and controls that embody the oversight of the performance of financial institutions and the assessment of their level of performance, commitment and compliance, and recently it has reconfigured the information collection unit, which would contribute to activating the supervisory role. Despite the circumstances the country is going through in The last ten years, and the difficult changes and challenges that the Yemeni banking sector is witnessing, and confronting it unless the banking system in the world has faced it. However, we would like to assure you that despite this, it has remained the steadfast sector with its performance, its preservation of its relationship and its commitment to applying all international standards related to regulatory aspects, as well as its commitment and maintaining On his close relations with his correspondents, despite the measures taken by foreign correspondents because of the risks that have risen due to the conditions the country is going through. Here, we take the opportunity and also to assure that the Yemeni banking sector represented by the Yemeni banks and banks, with the help of the Central Bank, has sought to restore the pulse of its relationship with its correspondents linked to the Yemeni banking system, and has achieved what it has achieved in creating a relationship, even in a better condition, with its correspondents in the Arab region in light of the applicable ban from its correspondents abroad, which I started to return in relative terms to deal again recently, and the banking system in Yemen embodied this by making visits to many Arab countries, including to the Union of Banks and the Banks and Banks in Lebanon in 2018, with the aim of activating and creating relationships that serve the Arab banking sector and facing any challenges, and we have been called constantly to strengthen Relationships with our correspondents within the framework of the Arab world and under the umbrella of dealing in accordance with banking and recognized norms, and for this reason that we are discussing in this forum the issue of challenges, it is our opinion that the most important of these challenges does not lie only in innovative and advanced programs and mechanisms as much as it lies in the most important of them from our point of view, which is the challenge of restoring confidence Which has become a dilemma that collides with the correspondents’ relationship for several reasons, difficulties and variables surrounding everyone that have created unprecedented confusion in the relations between Banks and banks all over the world. Brothers, honorable audience, I hope from the Almighty God that we overcome these ordeals that have befallen us all, and our appreciation to everyone who contributed to the success of such an event that serves the banking and financial sector. In the Mina incident in Beirut, we ask God to heal the wounded, and we conclude this speech by assuring, with God’s permission, that Beirut will remain smiling in its smile for all at all times and times
 
Link to the the Union of Arab Banks post on Facebook containing the speech of Dr. Ahmed bin Sankr
 
26/05/2021
 
Altanmia Press
 
The Director General of the National Bank of Yemen, a member of the Board of Directors of the Union of Arab Banks, Dr. Ahmed bin Sankar, said, "The Yemeni banking sector has witnessed in the last ten years difficult changes and challenges that the banking system in the world has not faced." He added in his speech today at the opening of the Forum "Challenges of Compliance and Strengthening Relations with Correspondent Banks" organized by the Union of Arab Banks in the Lebanese capital Beirut, "In spite of this, the Yemeni banking sector has remained resilient with its performance and its preservation of its relationship and commitment to the application of international standards and related aspects of supervision. And maintaining his close relations with his correspondents despite the measures taken by foreign correspondents due to the risk that has risen due to the conditions the country is going through. Bin Sinker stressed that Yemen, since the beginning of the application of these internationally agreed standards, has begun to activate them in financial and banking institutions, and the Republic of Yemen, represented by the Central Bank, has fully complied with all relevant laws and circulars and devoted efforts that would embodied the commitment of the government, the bank and commercial banks, and attention was paid to In many aspects, including establishing the necessary legislation and mechanisms to implement what is required in order to keep pace with this international trend. He pointed out that banking institutions were interested in the process of training and rehabilitation for their working cadres, seeking assistance from Arab and international expertise, attending and participating in meetings as well as events at the international and regional levels, and creating Yemeni expertise capable of dealing with the application of these standards and controls that embody the oversight of the performance of financial institutions and the assessment of their performance, commitment and compliance level. By restructuring the information collection unit, which would contribute to activating the supervisory role. He pointed out that the Yemeni banking sector, with the help of the Central Bank, has sought to restore the pulse of its relationship with its correspondents linked to the Yemeni banking system, and has achieved what it has achieved in creating a relationship, even in a better condition, with its correspondents in the Arab region, in light of the imposed ban on its correspondents abroad, which began to return relatively to deal again. at recent days. He explained that the banking system in Yemen embodied this by making visits to several Arab countries, including the Union of Banks and the Bank of Banks and Banks in Lebanon in 2018, with the aim of revitalizing and creating relations that serve the Arab banking sector and facing any challenges.. He added that he has constantly called for strengthening relations with our correspondents within the framework of the Arab world. Under the umbrella of dealing in accordance with banking and customary norms. The two-day forum, in which elite Arab banking leaders participate, discusses a number of topics related to the impact and repercussions of sanctions, avoiding risks on Arab banks, cooperation between the private and public sectors to combat money laundering and terrorist financing operations, and the possibility of increasing compliance risks, money laundering operations and terrorist financing in light of the Corona pandemic and the budget Between the benefits and challenges of digitization and the increasing reliance on technology.
 
 
15/04/2021
 
The Executive Conference of My First Bank Online 2021, organized by the World Union of Arab Bankers, on Thursday, April 15, at 11:00 in Riyadh and Beirut, at ten in the morning, Cairo time.
 
THE FIRST BANKING EXECUTIVE ONLINE CONFERENCE 2021
 
28/03/2021
 
Dr. was invited. Ahmed Bin Sinker, General Manager of the National Bank of Yemen, to attend the annual general assembly meeting of the Arab Financial Services Company scheduled to be held at 1:00 pm on Sunday, March 28, 2021, and the extraordinary general assembly meeting, which was immediately followed by the general assembly meeting. This meeting was virtual and was conducted via (Zoom)
 
22/04/2021
 
Independent auditors' report - statement of comprehensive income - statement of financial position - statement of changes in equity - statement of cash flows - notes on the financial statements. Source: Al-Ayyam newspaper.
 
28/03/2021
 
 
Aden Time / Ministry of Local Administration - Hadramout / Yemeni Sport / al-omana
 
 
Postponing the Ramadan tournament for companies and institutions for five-a-side football
 
The committee supervising the companies and institutions (16) five-a-side football championship held its meeting headed by Dr. Through which to stand on the recent developments regarding the tournament and approve the official postponement of the tournament in response to the directives of the Supreme Emergency Committee and the decision issued by the Ministry of Youth and Sports regarding the suspension of sports activities and events in order to avoid infection with the Corona virus pandemic. At the meeting of the five-a-side football championship, which is organized as an annual tradition with the support and sponsorship of the National Bank of Yemen, a discussion and search for available ways and means and the possibility of postponing the establishment and launch of the tournament after the end of the pandemic and the stability of the health situation after the blessed month of Ramadan in anticipation and avoidance of infection with the virus, it should be noted that Last week, the supervising committee of the tournament sent letters to the teams participating in the 16th edition of the tournament, which witnesses wide participation from companies and governmental and private institutions, and called for the technical meeting and the drawing of the lottery, which was scheduled to take place next April 3rd. In a short statement, the general supervisor of the tournament and director of the National Bank of Yemen, Dr. Ahmed bin Sankar, said that the postponement of the tournament (16) came in response to the directives of the Supreme Committee for Emergencies and the circular issued by the Ministry of Youth and Sports regarding the suspension of sports and mass activities and events, after coordination with the Youth and Sports Office and the Football Association in Aden. And Bin Sinker, the general supervisor of the tournament, said that the leadership of the National Bank of Yemen was keen to hold the tournament this year, especially after it stopped last year due to the spread of the Corona virus, but after consulting with the Youth and Sports Office and the Football Association and after the circular issued by the ministry, the postponement was approved due to the health conditions that It prevented the continuation of the tournament and the return of the virus in its second wave, stressing that the health and safety of everyone is the most important, but we promise everyone the continuity of holding the tournament whenever it improves and the health situation stabilizes
 

 
19/03/2021
 
 
 
An international delegation visits the National Bank as it is the oldest and most important commercial bank in Yemen
 
Yesterday, an international delegation, headed by the Canadian expert, Mr. Pierre Sajain, the resident expert of Pragma Company, Raed Daqqa, and Ali Baeshen, Director General of Banking Supervision, visited the General Administration of the National Bank in the temporary capital, Aden. They were received by Dr. Ahmed Ali Bin Sankar, General Manager of the National Bank of Yemen and a number of directors of the bank’s departments and specialists, welcomed Dr. Ahmed bin Sanker with his guests and conveyed to them the greetings of the Chairman of the Board of Directors and his apology for not attending due to illness, as well as the greetings of the members of the Board of Directors. He gave Dr. Ahmed bin Sankr, a brief summary of the visiting delegation about the bank and its obligations and duties in the important aspects related to the implementation of the policies of the Central Bank and the circulars issued by the Central Bank - Aden in order to serve the development of the banking environment in the country. Bin Sankr stressed that the direction of the senior management and the executive management of the National Bank is focused on implementing governance procedures, combating money laundering, and continuity plans for emergencies. Bin Sankr referred to the agreements signed in the previous period by the bank to introduce programs and systems that support the implementation of the supervisory policies, which come within the framework of the development and modernization project of the bank in two phases (restructuring of the bank / automating the bank and introducing the new banking system), and the agreements signed recently included the introduction of special programs (with the payment system as well as automatic teller machines and many programs), and that the bank is continuing to implement agreements that support the development and improvement of the work environment. Noting that the bank had dealt with its strategic project with the largest international companies (Deloit Intoush in the Middle East) as well as (ECS) during the last four years, and that the achievement took place under difficult circumstances known to all, and the implementation and live launch of the new banking system took place on 2/2/2020 2 Despite the challenges faced by the management of the bank. The Director of the National Bank thanked all the interests offered by the Central Bank, calling for redoubling efforts for the reconstruction of the Central Bank sectors and the introduction of technologies that will contribute to the development of the banking environment and be reflected on the operating banks in general. For his part, the Canadian expert, Mr. Pierre Sajeen, addressed the urgent need for the Central Bank of Yemen to strengthen banking supervision, control and control, including combating money laundering and terrorism financing (AML / CFT). The expert indicated that its mission is to assist the banking supervision sector in The Central Bank of Aden is developing and modernizing the necessary tools for effective supervision, auditing and risk management in a way that can ultimately facilitate proper supervisory oversight for all the banking sector in the country. The expert, Raed Daqqa, also spoke by saying: “Work is being done with the banking supervision sector through an in-depth analysis of the requirements for establishing banking supervisory oversight and developing its capabilities to ensure effective supervision of the banking system, in a way that enables it to raise the efficiency and capabilities of the banking sector to keep pace with developments in the financial system at the regional and global levels.” . This visit to the National Bank of Yemen comes within the framework of the support provided by the United States Agency for Development, USAID, organized by the Banking Supervision Sector of the Central Bank of Yemen, which was chosen as a model as one of the oldest and most important commercial banks operating in Yemen. ¬¬ The meeting was attended by Arwa Seif, director of the office of the Chairman of the Board of Directors and Secretary of the Board of Directors, and professors and consultants Omar Al-Shatry, adviser to the director and adviser, Adnan Farhan, adviser to the bank for information technology, professors, directors of departments and specialists, Mona Maatouk, director of the Financial Supervision Department, Najat Basaleh, director of the treasury department, and Imad Ismail, director of bad debts. Bassam Madihaj, Director of the Credit Department, Hisham Abdel Rasheed, Director of the Information Technology Department, Hanan Hassan, Head of Compliance Unit, and specialists in departments at the National Bank of Yemen who are specialized in submitting periodic reports to the Central Bank, and members of the committees’ team concerned with the development and modernization project, Professors Omar Al Shaiba / Hani Baqa’ar / Samah Bagish / Lina Saleh / Sameh poor
 
 
 
Within his selection as one of the most important and oldest commercial banks operating in Yemen: a field visit to the headquarters of the National Bank in Aden
 
On the morning of Wednesday, March 17, 2021 AD, a delegation headed by the Canadian expert, Mr. Pierre Sajeen, and the resident expert of Pragma, Mr. Raed Daqqa, and Mr. Ali Baeshen, Director General of Banking Supervision, and his technical team visited Dr. Ahmed Ali Omar Bin Sankar, General Manager of the National Bank of Yemen, and a number of directors of the bank’s departments and bank specialists. At the beginning of the meeting, Dr. Ahmed Ali Omar Bin Sankar, General Manager of the National Bank of Yemen, attended to the attendees and conveyed the greetings of the Chairman of the Board of Directors and his apology for attending due to the causes of illness, as well as the greetings of the members of the Board of Directors. He gave a brief overview of the visiting delegation about the bank, while Dr. Ahmed bin Sankr said: And confirming that the direction of the senior management and the executive management of the National Bank is focused on implementing the procedures of governance, compliance, compliance, anti-money laundering and continuity plans for emergencies, referring to what the bank is doing and its commitment to its duties in these important aspects related to the implementation of the Central Bank’s policies, which come within the framework of Circulars issued by the Central Bank Headquarters - Aden. The general manager of the bank also noted the agreements signed in the previous period by the bank to introduce programs and systems that support the implementation of the supervisory policies, and they come within the framework of the bank’s two-stage development and modernization project (restructuring the bank / automating the bank and introducing the new banking system BANKS), and it included the agreements that were signed recently The introduction of special programs (the payment system as well as automated teller machines and many other programs), and that the bank continues to implement agreements that support the development and improvement of the work environment. As indicated in the context of recent d. Ahmed bin Sankr that the bank is currently going through the implementation phase of the development and modernization project in two phases, noting that the bank has dealt with its strategic project with the largest international companies (Deloit Intoush in the Middle East) as well as (ECS) during the last four years and that the achievement took place under known difficult circumstances. It is known to all, and the implementation and live launch of the new banking system took place on 2/2/2020 despite the challenges it faced due to these circumstances. He thanked them for the care and attention that the Central Bank seeks to provide to the banking sector, which requires at the same time to make double efforts for the reconstruction of the sectors of the Central Bank and the introduction of technologies that will contribute to the development of the banking environment and be reflected on the operating banks, noting that strengthening this also comes with continuous coordination and field visits. For operating banks and to find many solutions and treatments for the situation of the banking sector. For his part, the Canadian expert, Mr. Pierre Sajeen, addressed the urgent need for the Central Bank of Yemen to strengthen banking supervision, supervision and control, including combating money laundering and terrorist financing (AML/CFT). The expert indicated that his mission is based on assisting the Banking Supervision Sector in the Central Bank of Aden by developing and updating the necessary tools for effective supervision, auditing and risk management in a way that can ultimately facilitate proper supervisory oversight for the entire banking sector in the country. The expert, Raed Daqqa, also spoke by saying: "Work is being done with the banking supervision sector through an in-depth analysis of the requirements for establishing banking supervisory control and developing its capabilities to ensure effective supervision of the banking system, in a way that enables it to raise the efficiency and capabilities of the banking sector to keep pace with developments in the financial system at the regional and global levels." . This visit comes within the framework of the support provided by USAID, the Banking Supervision Sector, at the Central Bank of Yemen, organized a field visit to the headquarters of the National Bank of Yemen in Aden, which was chosen as a model as one of the oldest and most important commercial banks operating in Yemen. The meeting was attended by Arwa Seif, Director of the Office of the Chairman of the Board of Directors and Secretary of the Board of Directors, and Mrs. Omar Al-Shatry, Advisor to the Director, Adviser Adnan Farhan, the Bank’s Advisor for Information Technology, professors, directors of departments and specialists, Mona Maatouk, Director of the Financial Control Department, Najat Basaleh, Director of the Treasury Department, Imad Ismail, Director of Troubled Debts, and Bassam Madihaj, Director of the Credit Department, Hisham Abdel Rasheed, Director of Information Technology, Hanan Hassan, Head of Compliance Unit, and specialists in departments at the National Bank of Yemen who are specialized in submitting periodic reports to the Central Bank, and members of the committees team specialized in the development and modernization project.
 
 
Bin Sankr confirms that the interests of the National Bank in implementing governance and anti-money laundering procedures
 
Dr. confirmed Ahmed bin Sankr that the National Bank of Yemen is focused on implementing governance, compliance and compliance procedures, anti-money laundering and continuity plans for emergencies, reviewing on the sidelines of a visit by a delegation of international experts to the National Bank of what the Bank is doing in compliance with its duties in these important aspects related to the implementation of the Central Bank’s policies, which come Within the framework of the circulars issued by the Central Bank, the main center - Aden. The general manager of the bank also noted the agreements signed in the previous period by the bank to introduce programs and systems that support the implementation of the supervisory policies, and they come within the framework of the bank’s two-stage development and modernization project (restructuring the bank / automating the bank and introducing the new banking system BANKS), and it included the agreements that were signed recently The introduction of special programs (the payment system as well as automated teller machines and many other programs), and the bank continues to implement agreements that support the development and improvement of the work environment. As indicated in the context of recent d. Ahmed bin Sankr that the bank is currently going through the implementation phase of the development and modernization project in two phases, noting that the bank has dealt with its strategic project with the largest international companies (Deloit Intoush in the Middle East) as well as (ECS) during the last four years and that the achievement took place under known difficult circumstances. It is known to all, and the implementation and live launch of the new banking system took place on 2/2/2020 despite the challenges it faced due to these circumstances. He thanked them for the care and attention that the Central Bank seeks to provide to the banking sector, which requires at the same time to make double efforts for the reconstruction of the sectors of the Central Bank and the introduction of technologies that will contribute to the development of the banking environment and be reflected on the operating banks, noting that strengthening this also comes with continuous coordination and field visits. For operating banks and to find many solutions and treatments for the situation of the banking sector. For his part, the Canadian expert, Mr. Pierre Sajeen, addressed the urgent need for the Central Bank of Yemen to strengthen banking supervision, supervision and control, including combating money laundering and terrorist financing (AML/CFT). The expert indicated that his mission is based on assisting the Banking Supervision Sector in the Central Bank of Aden by developing and updating the necessary tools for effective supervision, auditing and risk management in a way that can ultimately facilitate proper supervisory oversight for the entire banking sector in the country. The expert, Raed Daqqa, also spoke by saying: "Work is being done with the banking supervision sector through an in-depth analysis of the requirements for establishing banking supervisory control and developing its capabilities to ensure effective supervision of the banking system, in a way that enables it to raise the efficiency and capabilities of the banking sector to keep pace with developments in the financial system at the regional and global levels." . This visit comes within the framework of the support provided by USAID, the Banking Supervision Sector, at the Central Bank of Yemen, organized a field visit to the headquarters of the National Bank of Yemen in Aden, which was chosen as a model as one of the oldest and most important commercial banks operating in Yemen. The meeting was attended by Arwa Seif, Director of the Office of the Chairman of the Board and Secretary of the Board of Directors, and Mrs. Omar Al-Shatry, Advisor to the Director, Adviser Adnan Farhan, the Bank’s Advisor for Information Technology, professors, directors of departments and specialists, Mona Maatouk, Director of the Financial Control Department, Najat Basaleh, Director of the Treasury Department, Imad Ismail, Director of Troubled Debts, and Bassam Madihaj, Director of the Credit Department, Hisham Abdel Rasheed, Director of Information Technology, Hanan Hassan, Head of Compliance Unit, and specialists in departments at the National Bank of Yemen who are specialized in submitting periodic reports to the Central Bank, and members of the committees team specialized in the development and modernization project. . This came on the sidelines of a visit last Wednesday by a delegation headed by the Canadian expert, Mr. Pierre Sajain, the resident expert of Pragma, Mr. Raed Daqqa, and Mr. Ali Baeshen, Director General of Banking Supervision, and his technical team were received by Dr. Ahmed Ali Omar Bin Sankar, General Manager of the National Bank of Yemen, and a number of directors of the bank’s departments and bank specialists. During which Dr. Ahmed bin Sankar started the meeting by welcoming the attendees and conveying the greetings of the Chairman of the Board of Directors and his apology for not attending due to illness, as well as the greetings of the members of the Board of Directors
 
Foreign and local experts briefed on the control systems in the National Bank of Aden
 
Yemeni Sport
 
Yesterday, Wednesday, a team comprising foreign and local experts who specialize in banking supervision visited the headquarters of the National Bank in the temporary capital, Aden, to review the bank’s control systems, within the support provided by the United States Agency for Development (USAID), which aims to develop control systems for banks. banks in our country. During his visit to the bank, which was chosen as a model for commercial banks operating in Yemen based on its legacy and outstanding performance, the team, consisting of Canadian expert Pierre Sajeen, Pragma resident expert Raed Daqqa, Ali Baeshen, General Manager of Banking Supervision, and his technical team, met with the General Manager of the National Bank , Dr. Ahmed Ali Omar bin Sankar, directors of departments and specialists. At the beginning of the meeting, Bin Sankr presented an overview of the bank, its financial activities, and the development plans being implemented to raise banking and supervisory efficiency. He said, that the direction of the senior management and executive management of the National Bank is focused on implementing governance, compliance and compliance procedures, combating money laundering, and continuity plans for emergencies, referring to the duties that the bank performs within the framework of circulars issued by the Central Bank in Aden. He added, that the National Bank signed a number of agreements to introduce programs and systems supporting the implementation of supervisory policies, within the framework of the bank's two-stage development and modernization project (restructuring and automating the bank and introducing the new banking system BANKS). He explained that those agreements included the introduction of programs for the payment system, automated teller machines and many other programs, noting that the bank continues to implement agreements that support the development and improvement of the work environment. He continued, that the bank is currently going through the implementation phase of the development and modernization project, and is dealing with the largest international companies (Deloit Intoush in the Middle East) and (ECS) for the success of its strategic project. And he continued, that the bank launched the new banking system on 2/2/2020, despite the challenges it faced due to the current circumstances, which did not affect its activities and development plans and its commitment to the policies of the Central Bank. The Director General of the National Bank praised the efforts made by the Central Bank to develop banking work, in coordination and cooperation with operating banks. For his part, the Canadian expert, Mr. Pierre Sajeen, touched on the urgent need for the Central Bank of Yemen to strengthen banking supervision, control and control, including combating money laundering and terrorist financing (AML/CFT). He pointed out that his mission is based on assisting the banking supervision sector in the Central Bank of Aden by developing and modernizing the necessary tools for effective supervision, auditing and risk management in a way that can ultimately facilitate proper supervisory oversight for the entire banking sector in the country. In turn, the resident expert of Pragma, Raed Daqqa, said that working with the banking supervision sector is done through an in-depth analysis of the requirements for establishing banking supervisory oversight and developing its capabilities to ensure effective oversight of the banking system, enabling it to raise the efficiency and capabilities of the banking sector to keep pace with developments in the financial system at the global level. regional and global. The meeting was attended by Arwa Seif, Director of the Office of the Chairman of the Board of Directors, Secretary of the Board of Directors, Omar Al-Shatry, Advisor to the Bank, Adnan Farhan, Advisor to the Bank for Information Technology, Department Managers and Specialists
 
An international delegation visits the National Bank of Aden
 
Yesterday, an international delegation, headed by the Canadian expert, Mr. Pierre Sajain, the resident expert of Pragma Company, Raed Daqqa, and Ali Baeshen, Director General of Banking Supervision, visited the General Administration of the National Bank in the temporary capital, Aden. They were received by Dr. Ahmed Ali Bin Sankar, General Manager of the National Bank of Yemen and a number of directors of the bank’s departments and specialists, welcomed Dr. Ahmed bin Sanker with his guests and conveyed to them the greetings of the Chairman of the Board of Directors and his apology for not attending due to illness, as well as the greetings of the members of the Board of Directors. He gave Dr. Ahmed bin Sankr, a brief summary of the visiting delegation about the bank and its obligations and duties in the important aspects related to the implementation of the policies of the Central Bank and the circulars issued by the Central Bank - Aden in order to serve the development of the banking environment in the country. Bin Sankr stressed that the direction of the senior management and the executive management of the National Bank is focused on implementing governance procedures, combating money laundering, and continuity plans for emergencies. Bin Sankr referred to the agreements signed in the previous period by the bank to introduce programs and systems that support the implementation of the supervisory policies, which come within the framework of the development and modernization project of the bank in two phases (restructuring of the bank / automating the bank and introducing the new banking system), and the agreements signed recently included the introduction of special programs (with the payment system as well as automatic teller machines and many programs), and that the bank is continuing to implement agreements that support the development and improvement of the work environment. Noting that the bank had dealt with its strategic project with the largest international companies (Deloitandtouche in the Middle East) as well as (ECS) during the last four years, and that the achievement took place under difficult circumstances known to all, and the implementation and live launch of the new banking system took place on 2/2/2020 Despite the challenges faced by the management of the bank. The Director of the National Bank thanked all the interests offered by the Central Bank, calling for redoubling efforts for the reconstruction of the Central Bank sectors and the introduction of technologies that will contribute to the development of the banking environment and be reflected on the operating banks in general. For his part, the Canadian expert, Mr. Pierre Sajeen, addressed the urgent need for the Central Bank of Yemen to strengthen banking supervision, control and control, including combating money laundering and terrorism financing (AML / CFT). The expert indicated that its mission is to assist the banking supervision sector in The Central Bank of Aden is developing and modernizing the necessary tools for effective supervision, auditing and risk management in a way that can ultimately facilitate proper supervisory oversight for all the banking sector in the country. The expert, Raed Daqqa, also spoke by saying: “Work is being done with the banking supervision sector through an in-depth analysis of the requirements for establishing banking supervisory oversight and developing its capabilities to ensure effective supervision of the banking system, in a way that enables it to raise the efficiency and capabilities of the banking sector to keep pace with developments in the financial system at the regional and global levels.” . This visit to the National Bank of Yemen comes within the framework of the support provided by the United States Agency for Development, USAID, organized by the Banking Supervision Sector of the Central Bank of Yemen, which was chosen as a model as one of the oldest and most important commercial banks operating in Yemen. ¬¬ The meeting was attended by Arwa Seif, director of the office of the Chairman of the Board of Directors and Secretary of the Board of Directors, and professors and consultants Omar Al-Shatry, adviser to the director and adviser, Adnan Farhan, adviser to the bank for information technology, professors, directors of departments and specialists, Mona Maatouk, director of the Financial Supervision Department, Najat Basaleh, director of the treasury department, and Imad Ismail, director of bad debts. Bassam Madihaj, Director of the Credit Department, Hisham Abdel Rasheed, Director of the Information Technology Department, Hanan Hassan, Head of Compliance Unit, and specialists in departments at the National Bank of Yemen who are specialized in submitting periodic reports to the Central Bank, and members of the committees’ team concerned with the development and modernization project, Professors Omar Al Shaiba / Hani Baqa’ar / Samah Bagish / Lina Saleh / Sameh Poor
 
 
Canadian expert: "Aden Central" is required to combat money laundering and terrorist financing
 
Yesterday, an international delegation, headed by the Canadian expert, Mr. Pierre Sajain, the resident expert of Pragma Company, Raed Daqqa, and Ali Baeshen, Director General of Banking Supervision, visited the General Administration of the National Bank in the temporary capital, Aden. They were received by Dr. Ahmed Ali Bin Sankar, General Manager of the National Bank of Yemen and a number of directors of the bank’s departments and specialists, welcomed Dr. Ahmed bin Sanker with his guests and conveyed to them the greetings of the Chairman of the Board of Directors and his apology for not attending due to the causes of illness, as well as the greetings of the members of the Board of Directors. He gave Dr. Ahmed bin Sankr, a brief summary of the visiting delegation about the bank and its obligations and duties in the important aspects related to the implementation of the policies of the Central Bank and the circulars issued by the Central Bank - Aden in a manner that serves the development of the banking environment in the country. Bin Sinker stressed that the direction of the senior management and the executive management of the National Bank is focused on implementing governance procedures, combating money laundering, and continuity plans for emergencies. Bin Sankr referred to the agreements signed in the previous period by the bank to introduce programs and systems that support the implementation of the supervisory policies, which come within the framework of the development and modernization project of the bank in two phases (restructuring of the bank / automating the bank and introducing the new banking system), and the agreements signed recently included the introduction of special programs (with the payment system as well as automated teller machines and many programs), and that the bank is continuing to implement agreements that support the development and improvement of the work environment. Noting that the bank had dealt with its strategic project with the largest international companies (Deloitandtouche in the Middle East) as well as (ECS) during the last four years, and that the achievement took place under difficult circumstances known to all, and the implementation and live launch of the new banking system took place on 2/2/2020 Despite the challenges faced by the bank's management. The Director of the National Bank thanked all the concerns offered by the Central Bank, calling for redoubling efforts for the reconstruction of the Central Bank sectors and the introduction of technologies that will contribute to the development of the banking environment and be reflected on the operating banks in general. For his part, the Canadian expert, Mr. Pierre Sajeen, addressed the urgent need for the Central Bank of Yemen to strengthen banking supervision, control and control, including combating money laundering and terrorism financing (AML / CFT). The expert indicated that its mission is to assist the banking supervision sector in The Central Bank of Aden has developed and updated the necessary tools for effective supervision, auditing and risk management in a way that could eventually facilitate proper supervisory oversight for all the banking sector in the country. The expert, Raed Daqqa, also spoke by saying: “Work is being done with the banking supervision sector through an in-depth analysis of the requirements for establishing banking supervisory control and developing its capabilities to ensure effective supervision of the banking system, in a way that enables it to raise the efficiency and capabilities of the banking sector to keep pace with developments in the financial system at the regional and global levels.” . This visit to the National Bank of Yemen comes within the framework of the support provided by the United States Agency for Development (USAID), which organized the Banking Supervision Sector of the Central Bank of Yemen, which was chosen as a model as one of the oldest and most important commercial banks operating in Yemen. The meeting was attended by Arwa Seif, director of the office of the Chairman and Secretary of the Board of Directors, and professors and advisors Omar Al-Shatry, advisor to the director and Adnan Farhan, advisor to the bank for information technology, professors, directors of departments and specialists, Mona Maatouk, director of the Financial Supervision Department, Najat Basaleh, director of the treasury department, Imad Ismail, director of bad debts, and Bassam Madihaj, Director of the Credit Department, Hisham Abdel Rashid, Director of the Information Technology Department, Hanan Hassan, Head of Compliance Unit, and specialists in the departments at the National Bank of Yemen who are specialized in submitting periodic reports to the Central Bank, and members of the committees team specialized in the development and modernization project, Professors Omar Al Shaiba / Hani Baqaar / Samah Bagish / Lina Saleh / Sameh Faqira
 

 
17/03/2021
 
An expert from the Central Bank of Yemen pays a field visit to the headquarters of the National Bank of Yemen in Aden
 
 
Within the framework of the support provided by USAID, the Banking Supervision Sector, at the Central Bank of Yemen, organized a field visit to the headquarters of the National Bank of Yemen in Aden, which was chosen as a model as one of the oldest and most important commercial banks operating in Yemen. From the Canadian expert, Mr. Pierre Sajeen, and the resident expert for Pragma, Raed Dakka, with Dr. Ahmed bin Sankar, General Manager of the National Bank of Yemen, and a number of bank officials and cadres in Aden. In the meeting, the Canadian expert touched on the urgent need for the Central Bank of Yemen to strengthen banking supervision, supervision and control, including combating money laundering and terrorist financing (AML / CFT). The expert indicated that his interest is based on assisting the banking supervision sector in the Central Bank of Aden by developing and modernizing the necessary tools for effective supervision, auditing and risk management in a way that could eventually facilitate the proper supervision of the banking sector in the country. For his part, the expert, Raed Daqqa, spoke by saying: “Work is being done with the banking supervision sector through in-depth analysis of the requirements for establishing banking supervision and developing its capabilities to ensure effective supervision of the banking system, in a way that enables it to raise the efficiency and capabilities of the banking sector to keep pace with developments in the financial system at the regional and global levels. “. The meeting was attended by Ali Baeshen, Director General of Banking Supervision, and his technical team Within the framework of the support provided by USAID, the Banking Supervision Sector, at the Central Bank of Yemen, organized a field visit to the headquarters of the National Bank of Yemen in Aden, which was chosen as a model as one of the oldest and most important commercial banks operating in Yemen. From the Canadian expert, Mr. Pierre Sajeen, and the resident expert for Pragma, Raed Dakka, with Dr. Ahmed bin Sankar, General Manager of the National Bank of Yemen, and a number of bank officials and cadres in Aden. In the meeting, the Canadian expert touched on the urgent need for the Central Bank of Yemen to strengthen banking supervision, supervision and control, including combating money laundering and terrorist financing (AML / CFT). The expert indicated that his interest is based on assisting the banking supervision sector in the Central Bank of Aden by developing and modernizing the necessary tools for effective supervision, auditing and risk management in a way that could eventually facilitate the proper supervision of the banking sector in the country. For his part, the expert, Raed Daqqa, spoke by saying: “Work is being done with the banking supervision sector through in-depth analysis of the requirements for establishing banking supervision and developing its capabilities to ensure effective supervision of the banking system, in a way that enables it to raise the efficiency and capabilities of the banking sector to keep pace with developments in the financial system at the regional and global levels. “. The meeting was attended by Ali Baeshen, Director General of Banking Supervision, and his technical team
 
 
 
 
An expert from the Central Bank of Yemen pays a field visit to the headquarters of the National Bank of Yemen in Aden
 
 
Delta press follow-up
 
Within the framework of the support provided by USAID, the Banking Supervision Sector, at the Central Bank of Yemen, organized a field visit to the headquarters of the National Bank of Yemen in Aden, which was chosen as a model as one of the oldest and most important commercial banks operating in Yemen. From the Canadian expert, Mr. Pierre Sajeen, and the resident expert for Pragma, Raed Dakka, with Dr. Ahmed bin Sankar, General Manager of the National Bank of Yemen, and a number of bank officials and cadres in Aden. In the meeting, the Canadian expert touched on the urgent need for the Central Bank of Yemen to strengthen banking supervision, supervision and control, including combating money laundering and terrorist financing (AML / CFT). The expert indicated that his interest is based on assisting the banking supervision sector in the Central Bank of Aden by developing and modernizing the necessary tools for effective supervision, auditing and risk management in a way that could eventually facilitate the proper supervision of the banking sector in the country. For his part, the expert, Raed Daqqa, spoke by saying: “Work is being done with the banking supervision sector through in-depth analysis of the requirements for establishing banking supervision and developing its capabilities to ensure effective supervision of the banking system, in a way that enables it to raise the efficiency and capabilities of the banking sector to keep pace with developments in the financial system at the regional and global levels. “. The meeting was attended by Ali Baeshen, Director General of Banking Supervision, and his technical team
 

 
 
Canadian expert: There is an urgent need for the Aden Centers to combat money laundering
 
Special Alayyam Aden
 
The Canadian expert in banking supervision sector systems, Mr. Pierre Sejain, confirmed that the Central Bank of Yemen strengthened banking supervision, control and control, including combating money laundering and terrorist financing (CFT / AML). This came during the organization of the Banking Supervision Sector at the Central Bank of Yemen yesterday, a field visit to the headquarters of the National Bank of Yemen in Aden, where a meeting was held between the Canadian expert, Mr. Pierre Sajain, and the resident expert of Pragma, Raed Daqqa with Dr. Ahmed bin Sinker, Director General of the National Bank of Yemen, and a number of bank officials and cadres in Aden, within the framework of the support provided by the American Development Agency (USAID). The Canadian expert indicated that his mission is based on assisting the banking supervision sector in the Central Bank of Aden by developing and updating the necessary tools for effective supervision. , audit and risk management in a manner that can ultimately facilitate proper supervisory oversight for the whole of the banking sector in the country. For his part, the expert, Raed Daqqa, said: “Work is being done with the banking supervision sector through an in-depth analysis of the requirements for establishing banking supervisory supervision and developing its capabilities to ensure effective oversight of the banking system, in a way that enables it to raise the efficiency and capabilities of the banking sector to keep pace with developments in the financial system at the regional level. and global.” The meeting was attended by Ali Baeshen, Director General of Banking Supervision, and his technical team
 
 
 

 
A team from the Yemeni Central Bank and foreign experts visit the National Bank of Aden
 
  Aden Time   Aden News
 
Within the framework of the support provided by USAID, the Banking Supervision Sector, at the Central Bank of Yemen, organized a field visit to the headquarters of the National Bank of Yemen in Aden, which was chosen as a model as one of the oldest and most important commercial banks operating in Yemen. From the Canadian expert, Mr. Pierre Sajeen, and the resident expert for Pragma, Raed Dakka, with Dr. Ahmed bin Sankar, General Manager of the National Bank of Yemen, and a number of bank officials and cadres in Aden. In the meeting, the Canadian expert touched on the urgent need for the Central Bank of Yemen to strengthen banking supervision, supervision and control, including combating money laundering and terrorist financing (AML / CFT). The expert indicated that his interest is based on assisting the banking supervision sector in the Central Bank of Aden by developing and modernizing the necessary tools for effective supervision, auditing and risk management in a way that could eventually facilitate the proper supervision of the banking sector in the country. For his part, the expert, Raed Daqqa, spoke by saying: “Work is being done with the banking supervision sector through in-depth analysis of the requirements for establishing banking supervision and developing its capabilities to ensure effective supervision of the banking system, in a way that enables it to raise the efficiency and capabilities of the banking sector to keep pace with developments in the financial system at the regional and global levels. “. The meeting was attended by Ali Baeshen, Director General of Banking Supervision, and his technical team.
 
 
 
10/03/2021
 
 
   
 
The Faculty of Economics and Political Science celebrates the 48th anniversary of its founding: The opening of a number of educational academic projects in the college
 

The Faculty of Economics and Political Science at the University of Aden celebrated the forty-eighth anniversary of its founding .. Prof. Dr. Muhammad Omar Banaja, Dean of the College, considered this anniversary as a starting point for the Deanship and its faculty in order to achieve and accomplish all the goals established by the College, indicating that the college supplied all economic facilities with cadres. It has qualified scientific graduates, many of whom have become basic pillars and leaders in many economic and financial units. .

As part of the celebration of this anniversary, Prof. Dr. Al-Khader Nasser Luswar, President of the University of Aden, with Prof. Muhammad Halboob, Chairman of the Board of Directors of the National Bank of Yemen, inaugurated two academic projects from the major projects in the college, namely the computer lab and the hall of graduate studies.

The Dean of the Faculty of Economics and Political Science explained that in the computer lab project, (30) computers and (30) tables were equipped with their seats, noting that the laboratory will soon be supplied with plasma screens (55) inches funded by the National Bank of Yemen in addition to an electric store and batteries to supplement these Electric powered devices when the power is cut off.

Stressing that this laboratory serves all college students from all courses and departments .. pointing out that specialists in this aspect will be used to manage these laboratories, maintain them and deal with them .. Explained by saying: The computer labs project has cost (34) million Yemeni riyals with the plasma screens that promised The National Bank of Yemen will provide them, provided that each of the college halls will be provided with two screens, and students will be trained on how to deal with them by touch.

The President of the University of Aden, together with the Chairman of the Board of Directors of the National Bank of Yemen, inaugurated the Graduate Studies Hall, jointly funded by the Academy of Banking Sciences in Aden, headed by one of the faculty graduates, as well as by the National Bank of Yemen at a cost of no less than ten million Yemeni riyals approximately.

The dean of the faculty went on to say: that this hall will be devoted to discussing scientific dissertations and theses and postgraduate studies in a basic degree, and it will also be used for important events in the college ... indicating that the hall is distinguished by the beauty of its design according to the modern style, as the college’s teachers called it the Royal Hall due to the accuracy and splendor of the design .. The Dean of the College thanked one of the employees, brother / Jalal Ali Abdo, who supervised the follow-up of the completion of these projects.

At the end of the ceremony, the President of the University of Aden honored both Dr. Muhammad Haloob, Chairman of the Board of Directors of the National Bank and brother / Ahmed Ali Omar Sunkar, Director General of the National Bank of Yemen and brother / Ali Mousa, Deputy Director General of the National Bank of Yemen for Banking Affairs for their efforts and direct support for the success of the educational process at the University of Aden . Professor Muhammad Abu Bakr Al-Ammari, one of the first professors of the college who contributed to the establishment of this academic edifice, was also honored.

 

 
21/01/2021
 
 
 
  
 
 
 
  
 
The Minister of Civil Service and Insurance meets with the Chairman of the Board of Directors of the National Bank
 

The Minister of Civil Service and Insurance, Dr. Abdel Nasser Al-Wali, discussed today, with the Chairman  of the National Bank of Yemen, Dr. Muhammad Hussein Halboob, the issues of referring the files of the employees of the National Bank to the General Authority for Insurances and Pensions for those who reached one of the two terms.

The governor and Halboob also discussed during the meeting that they gathered at the Ministry of Civil Service and Insurance in the Khormaksar District in the capital, Aden, about the payment of insurance contributions premiums for National Bank employees and the means to address these problems and difficulties.

The Minister of Civil Service and Insurance directed the formation of a joint committee headed by the Director of Legal Affairs at the Ministry of Civil Service and Insurance and the Director of Legal Affairs at the National Bank of Yemen, to take up consideration of common issues between the Ministry and the bank, including referring the files of the bank’s employees to the Insurance Authority, paying the premiums of insurance contributions to the bank’s employees, and raising the committee A memorandum in this regard to the Minister of Civil Service and Insurance, within a week of the assignment date.

The Minister of Civil Service and Insurance directed to forming  a joint committee headed by the Director of Legal Affairs at the Ministry of Civil Service and Insurance and the Director of Legal Affairs at the National Bank of Yemen, to take up consideration of common issues between the Ministry and the bank, including referring the files of the bank’s employees to the Insurance Authority, paying the premiums of insurance contributions to the bank’s employees, and raising the committee A memorandum in this regard to the Minister of Civil Service and Insurance, within a week of the assignment date.

The meeting was attended by Deputy Minister of Civil Service and Insurance Dr. Abdullah Al-Maysari, President of the General Authority for Insurances and Pensions Ali Nasser Al-Hadar, And the agent of the supervision sector at the General Authority for Insurance Fahmy Afara, Director of Legal Affairs at the Ministry Jamal Bagzaf, Adviser to the Minister of Civil Service Nasser Al-Yazidi, and Director of the Insurance Authority Aden Branch Dr. Afif Abdul Karim, on the side of the National Bank, the Deputy General Manager of the National Bank for the support departments, Ali Musa, and the Director of the Human Resources Department at the National Bank, Waddah al-Subaihi.

 
 

The Board of Directors of the National Bank of Yemen approves the financial statements for the year 2019
 
 
  
12/01/2021
 
    
 
 
 
The Board of Directors of the National Bank of Yemen approves the financial statements for the year 2019
 

The Board of Directors of the National Bank of Yemen approved, in its annual meeting held today, in the temporary capital, Aden, headed by the Chairman of the Board of Directors, Dr. Muhammad Halboob, the audited financial statements for the year ending 12/31/2019. The bank’s board of directors also heard during the meeting in the presence of the bank’s vice chairman of the board of directors, Sami Makkawi, the director general of the National Bank, Dr. Ahmed Sunker, the deputy general manager of the bank for the support departments Ali Musa, the deputy director general of the bank for banking departments Mohsen al-Shabhi, the deputy of the Ministry of Finance Ali Taha, and the general manager  of The Ministry of Planning and International Cooperation branch in Aden, Intisar Murshid, and the General Director of the Ministry of Industry and Trade branch in Aden, Muhammad Abbadi, referred to the independent auditor's report. Dr. Halboob reviewed the results achieved in 2019 compared to the year preceding 2018, as a result of the measures taken by the bank's management to support the bank’s continued operation in light of the events that the bank has gone through, in addition to other circumstances. Halboob said, "The most important achievements of the bank during the year 2019 are maintaining the quality and durability of the bank’s assets, and increasing property rights, as the bank’s assets increased by 14 per cent and property rights increased by 33 per cent over the year 2018, and the balances due from banks increased by 18 per cent over the year. 2018 AD.

And he added "The bank maintained a high capital adequacy ratio of 50 percent compared to the 8 percent specified by the Central Bank of Yemen. The bank also continued to maintain a high liquidity ratio of 56 percent compared to the 25 percent specified by the Central Bank of Yemen." The Chairman of the National Bank of Directors indicated that the total comprehensive income for the year 2019 increased by 40 percent over the year 2018, and that the return per share in the year 2019 amounted to (433 riyals per share) equal to the return per share in the year 2018 despite the increase in the bank's capital by 40 percent. Percent for the year 2018 AD, pointing out that the return on assets amounted to 1.9 percent and the return on equity 21.8 percent.

Halboob explained that the year 2019 witnessed the completion of the final phase of restructuring the bank, through the resettlement of employees in the financial control departments, central operations, and the treasury, and the start of their work after training employees on the tasks specified in their organizational structures, as well as the application of work manuals and new procedures that They have been prepared in accordance with the programs and systems of the new banking system (BANKS), such as the cutting and treasury guide, the internal audit department guide, the financial control guide, the banking operations guide and others, in accordance with the best practices in commercial banks, in addition to training employees to apply and use them in order to expand the bank's services And its products and offering them at better levels to its customers, Dr. Halboob stated that the year 2019 witnessed the opening of the bank’s Arwa branch, Lahj branch, and Mukalla branch after the completion of their rehabilitation projects, and the Shihr branch after completing the building of the branch. Excellent and increasing the financial position of the bank and maximizing the rights of the owner (the Yemeni government), while continuing to increase the operations and activities of the bank and develop the resources of the bank Bank of Humanity and the expansion of the bank’s services and products and providing them at better levels ... referring to the events subsequent to the year of financial statements ending on December 31, 2019. He also referred to the launch of the National Bank, coinciding with its 50th anniversary, the live launch of the modern banking system “BANKs” at the bank’s headquarters In Aden, as a first stage, the live launch process will follow in the rest of the branches according to the approved schedule.

Halboob praised the efforts of the political leadership represented by His Excellency President Abd Rabbo Mansour Hadi, the President of the Republic and the government represented by the Prime Minister, Dr. Maeen Abdul-Malik, aimed at improving the strength and solidity of the local economy, providing the appropriate environment for development and achieving social security and justice in our country, and he also praised the efforts and endeavors of Minister of Finance Salem bin Brik For the elevation of the bank, he also thanked the bank’s clients for their high confidence, as well as all the employees working in the bank for their loyalty and efforts in performing their duties.

 

12/01/2021
 
    
 
The Board of Directors of the National Bank of Yemen approves the financial statements for the year 2019
 
 
 

The Board of Directors of the National Bank of Yemen held its annual meeting today, chaired by Dr. Muhammad Hussein Halboob and in the presence of all its members, to approve the bank's financial statements for the financial year ending on December 31, 2019 and hear the report of the independent auditor, Messrs. Dahman and his associates - correspondent for the RSM network. The meeting started with a speech by Brother / Dr. Muhammad Hussein Halboob, Chairman of the Board of Directors, began by saying: The bank, in the year 2019, achieved good results for the year compared to 2018, thanks to the full support of the owner (the Yemeni government) of the bank, and also as a result of the measures taken by the administration to support the continuation of the bank’s operation in light of The events that the bank went through during the year, the continuing conditions of political and security instability and their various implications, the deterioration of the currency rate, the reduction in the volume of transactions locally and abroad, the difficulty of dealing with correspondent banks, and the limited opportunities for internal and external investment due to the existing local and regional conditions. In his speech, he also touched on the achievements made by the bank during the year 2019, saying: Among the most important of these achievements: preserving the quality and durability of the bank's assets, and increasing property rights. The bank’s assets increased by 14%, property rights increased by 33% over the year 2018, and outstanding balances from banks increased by 18% compared to 2018. The bank maintained a high capital adequacy ratio of 50% compared to the 8% specified by the Central Bank of Yemen. And it continued to maintain a high liquidity ratio of 56% compared to the 25% specified by the Central Bank of Yemen .


The brother / Chairman of the Board of Directors indicated that the total comprehensive income for the year 2019 increased by 40% compared to the year 2018. The return per share in the year 2019 (433 riyals per share) is equal to the return per share in the year 2018 despite the bank’s capital increase of 40%. For the year 2018. Return on assets was 1.9%, and return on equity was 21.8%.

On the other hand, the Chairman of the Board of Directors indicated: that the year 2019 witnessed the completion of the final phase of restructuring the bank, through the resettlement of employees in the financial control departments, central operations, and the treasury, and the start of their work after training the employees on the tasks specified in their organizational structures. As well as the application of work guides and new procedures that have been prepared in accordance with the programs and systems of the new banking system (BANKS), such as the cutting and treasury manual, the internal audit department guide, the financial control guide, the banking operations guide and others, in accordance with the best practices in commercial banks, and training employees to apply them And using it with the aim of expanding the bank's services and products and providing them at better levels to its customers. He added: The year 2019 also witnessed the opening of the buildings of the Arwa branch, Lahj branch, and Mukalla branch after completing their rehabilitation projects, and the Shihr branch after the completion of the branch’s construction. The Chairman of the Board of Directors clarified: that the bank will continue its work in the foreseeable future in accordance with its future plans aimed at achieving excellent profits, increasing the financial position of the bank and maximizing the rights of the owner (the Yemeni government), while continuing to increase the operations and activities of the bank, developing the bank's human resources and expanding the bank’s services and products and offering them. At better levels. The Chairman of the Board of Directors also touched upon the events subsequent to the year of the financial statements ending on December 31, 2019, which had a noticeable impact on the bank’s activity, saying: One of the most important of these events is the Corona pandemic: Because of this pandemic, some aspects of the bank’s performance have been affected, especially with regard to The re-evaluation of the bank’s lands and buildings, the progress of experimental work on the new banking system, and the delay in implementing the external audit procedures for one year. 2019.

In response to the economic impacts that may result from the pandemic and the local and regional conditions during the period following the year of the financial statements ending on December 31, 2019, the bank established additional provisions for the expected losses of direct and indirect credit facilities. Coinciding with the bank’s 50th anniversary, and on February 3, 2020, the live launch of the modern banking system “BANKs” was launched at the bank’s headquarters in Aden. As a first stage, the live launch process will be followed by the rest of the branches according to the approved schedule. Finally, the Chairman of the Board of Directors expressed his deepest thanks and appreciation to His Excellency Brother / Abd Rabbo Mansour Hadi, President of the Republic, and to the Yemeni government represented by the brother / Prime Minister's country, for their sincere and dedicated efforts aimed at improving the strength and solidity of the local economy and providing the appropriate environment for development and achieving social security and justice. In our country, and to His Excellency Brother / Minister of Finance for his good endeavors to raise the bank. He also thanked the bank’s customers for their dear trust, which was always appreciated and proud of the bank’s management. The meeting was attended by Ali Taha, Undersecretary of the Ministry of Finance / Wassami Makkawi, Deputy Chairman of the Board of Directors of the National Bank, Dr. Ahmed Sunker, Director General, Alawi Musa, Mohsen Al-Shabhi, Deputy General Director, Intisar Morshed, Director General of Planning, and Muhammad Al-Abadi, Director General of the Office of Industry and Trade.

 

07/12/2020
 
The First Deputy Governor of Aden, Muhammad Nasr Shazly, reviews the new banking services for the National Bank in the temporary capital of Aden
 
The First Deputy Governor of Aden, Muhammad Nasr Shazly, reviews the new banking services for the National Bank in the temporary capital of Aden, agreeably the government's directions to enhance the ability of the banking sector to play its role to preserve the national currency, and the bank’s general manager, Dr. Ahmed Sunker, explains the successful administrative and banking policy.
 
 
 
 

26/11/2020
 

The National Bank of Yemen inaugurates two branches in Abyan and Mua'alla Pier in the port of Aden

 
 

 

Today, Thursday, the Governor of Abyan, Major General Abu Bakr Hussein, inaugurated the branch of the National Bank of Yemen in the city of Zinjibar, the capital of the province, after it was rehabilitated and supplied with modern furnitures and equipments. The Governor of Abyan stressed the importance of opening the National Bank branch in Abyan to meet the needs and services of citizens in banking with high efficiency and with steady steps towards excellence. indicating that the National Bank of Yemen branch is the first financial institution to open work in it in light of the state of security and stability in the governorate of Abyan . He stressed that the local authority in the governorate will provide all possible facilities and benefits to the various sectors that would advance the development and economy wheel in the governorate.

In addition, the first agent of Aden Governorate, Muhammad Nasr Shazly, opened a branch of the National Bank at Mualla Pier in the port of Aden. The First Undersecretary of Aden Governorate, Muhammad Nasr Shazly, pointed out that the bank’s opening of the branches comes within the celebrations of our people on the occasion of the 53rd anniversary of the glorious November 30 Independence Day ... praising the efforts made by the National Bank of Yemen management by strengthening the bank’s steps to expand and update its systems to the public.Coinciding  with banking and financial requirements. While the general director of the Piers and squares in the port of Aden, Captain Al-Shafi’a, Ahmed Al-Hariri, I consider the opening of the bank branch a new start for cooperation between the bank and the port of Aden ... indicating that this branch will contribute to strengthening and reviving commercial activity through its branches that today cover most of the governorates of the Republic. In turn, the Director General of the National Bank of Yemen, Ahmed Ali bin Sankar, explained that the two branches were linked to the banking system that was activated and entered into the National Bank of Yemen at the beginning of this year with the aim of improving the services provided to customers .. Pointing out that the cost of the bank branch in Zanzibar in Abyan amounted to 85 million Yemeni riyals. The cost of the Mualla port berth was about 10 million and 500 thousand Yemeni riyals.

 
 
 
Some of the photos of the opening of the dock berth in Mualla-Aden
 
 
 
 

 

Superintendent press team force monitors the National Bank of Yemen's performance in Aden the performance of banking modern work (report)
28/07/2020
Aden al-Ghad, Special :
 

In  the frame work of superintendent press team's plan of action for the year of 2020, superintendent press team force monitors and follows-up the work in the government utilities and corporations and the qualitative  leap to be occurred by certain utilities and corporations and civil society organizations, and make the acquaintance of its performance and the qualitative leap to be occurred by certain utilities and corporations, to develop and update the management system , customers services systems,  information technology  and human resources. In its last meeting early in the last week, Superintendent press team decided to choose the National Bank of Yemen in Aden as the first utility for which its performance level are monitored and followed-up, and made the acquaintance of services provided by the bank to the citizens and customers.
Today morning, the team force chaired by the executive director ,Mr. Haisham al-Haj, visited the place of the National Bank of Yemen in Crater, and met Mr. Mohammed Faisal Ba-Khoraiba  Deputy Chairman of General Union of the Bank's labors, banks, and insurances , the chairman of National Bank of Yemen's labo union . Also, editorial board of Al-ahli  Al-masrafi journal was visited and made acquaintance of continued activity done by the editorial board of journal chaired by Mr. Ali Mansoor Mater, the editor-in chief.

 

New banking system project Banks :

 

Superintendent press team opines that launching of new banking system process, called "Live Launching in BANKS System" will have great effect on the performance of banking works in line with new systems for the foreign and commercial banks in Yemen. Launching of this modernized project will meet the requirements of backing market and it is deemed an extension of the banking services in the bank which are provided to the customers to fulfill their banking needs. Concerning the effect of the system in the bank, the bank can establish its banking in a modern banking system through providing developed services and at the same time transfer the customer's services qualitative and quantitative leap as strategic goal. The project benefits in terms of facilitating the banking services properly will extremely contribute to provide and diversify the banking products and services for its customers, opening new contact channels and easy access of data required by the users, and consequently there is no need to wait the branches. The National Bank of Yemen's leadership has previously clarified that the project depended upon two stages (structuring and mechanization). In the stage of structuring, it is contracting with foreign company to carry out the general structuring for the National Bank of Yemen, while in International ICS Company performed connecting the network.

 

Qualitative leap in the banking performance:

 

The team confirmed that the project contribute to make qualitative leap for the bank and great development in the banking through providing new and various services emulate its similar in the foreign banks and the bank achieved a qualitative leap in its performance, in order to enhance the soundness of its performance approach to improve its services. superintendent press team expects that the bank will witness better progress than it has been in order to keep pace with the banking changes as it is one of the important banks in the banking sector of the country after the development it has reached over the past 50 years, and what it aspires to do in terms of advanced banking banks in the banking industry to provide services with all facility and easy in accordance with the desires of its customers. It is mentioned that the National Bank of Yemen, which was established as the first government hank in southern Yemen in 1969, is considered the only government bank in the banking sector in southern Yemen at that time owned by the government, and it remained governmental after 1990, and the bank practices all its banking activities through 27 branches in 12 governorates of Governorates of the Republic. Great efforts were made by the leadership of the National Bank of Yemen to achieve this eligibility which is witnessed by the bank after it has passed fifty years since its establishment, during which the bank has gained a great reputation inside and outside the country, among its customers.

 

Great interest in training and qualifying bank cadres:

 

The management of the National Bank of Yemen draws great attention to train and qualify its employees at the level of the departments of the general directorate and branches with the aim of preparing a scientifically and practically qualified banking staff in various areas of banking, technical, financial, administrative and legal work enjoying with the competencies, skills and experiences that keep pace with all the current developments in the banking work market with aim of providing the most better banking services to his customers. The team made acquaintance of the qualification and training system for the bank's staff, which was implemented in Jordan and upon batches according to the program of the project that the circumstances were pressed to transport them to abroad in Jordanian Capital where the company headquarter executed to the BANKS system is located that will introduce great qualitative leap in the banking services for the first time in the bank history, and shorten the time and the old documentary circle and facility of obtaining the data required by the users. The system will also allow provision of the excellent and distinguished banking services, including those related to the large segment that is dealing with the bank, which requires provision of salary payment services, bill payment and advanced banking services in other banks.

 

Superintendent press team makes acquaintance of the (BANKS) system program: 

 

During its review of the (BANKS) system, the team found that the (BANKS) system program allows a lot of flexibility to work in the lobbies of the bank and provide wide services to the customer better than the automatic teller machine (ATM) and Visa Card and provide advanced banking services through the mobile phone. The system also gives profitability in dealing with the systems and programs harmonizing with the requirements of the Central Bank, including anti-money laundering programs, which are in line with international compliance and obligations act.

 
 

Customers praise the hank's qualitative leap:

 

During the visit by monitor press team, the team met with a number of customers, who praised with qualitative leap occurred by the National Bank of Yemen, the management and banking system, and the level of services that the hank has now provided with ease and facility to customers.

 

Preserving. the quality of hank's assets and increasing profits:

 

By virtue of its leadership and capable management, the National Bank of Yemen has become operating according to an integrated system through working in the most difficult circumstances in the spirit of one team, and this was materialized in 2015, and under the war and after the liberation of Aden, the bank continued to provide services to customers and corporations through its branch in Little Aden and then through the rest branches, where the National Bank of Yemen secured the salaries of employees and retirees from various state corporations. The bank opened his doors to provide this service, to which is not charged, but the bank bore the burden of obligation thereof, in addition to coordinating with the Central Bank of Yemen. The work continued until the end of 2016, and played an important role as a treasury for the Central Bank of Yemen in Aden until the return of the Central Bank of Yemen to work at the beginning of 2016, and provided various services to governmental and commercial corporations and companies under difficult conditions that everyone lived through. On the basis of these relations and local and foreign services, the bank enabled to preserve its long history, reputation and eminent relations with corresponding banks, and in return, confidence of those dealing with him locally, internationally and abroad. The monitor press team publishes a table of comparisons of financial data and the size of profits since 1998 to 2018.

 

03/02/2020
 

National Bank of Yemen inaugurates the application of operating the Banks system of banking and it is said in an interview in Aden with Ayyam newspaper

 
 
 
 
Aden «Al-ayyam»
 

The National Bank of Yemen has inaugurated at their main office in Aden today the application of modern Banking system and it was named as Live application of Banks system as a beginning which would be followed by other branches in Aden and that the result and influence of this project would be large on the performance of the banking system and it is compatible with new banking system of foreign banks and commercial concerns in Yemen. at the time of inauguration the General Manager of National Bank of Yemen  and general supervisor of the project Ahmed Ali Bin Sunkar explained to the Ayyam newspaper that the application of this project would satisfy the demands of needs of our clients of banking system and this inauguration has come with 50th anniversary of the establishment of the Bank of Yemen and he added that the project has initialized the idea in the year 2007 but due to various problems that came over our country we were forced to delay the inauguration that we advanced in our project such that we came out into light and that now we are witnessing our dream of the Bank of Yemen has been realized. And about the influence of this system on the banking operations he said, now the bank would be able to perform all banking transactions with modern Banks system that would provide advanced services and would be able to transfer qualitatively and quantity at the same time in customer services and this was our strategic goal that it points to the bank and with the 50th anniversary of establishment the project was in its final stages for application and begin operating with modern banking system. Bin Sunkar ensured that the distinctive services to the customers in easing the banking transactions in a better manner shall participate in a large manner in providing banking services to the customers and shall open more channels for new communications and easiness in obtaining the details needed by the users and next there would be no need of waiting in the branches for their turn. The project depends on two stages structure and mechanism and in the stage of structure contracts are made with foreign companies that have carried out general network structure of the National Bank and that the ICS company has carried out to join in a network. In addition to that this project shall participate in transferring information typically and developing the banking operations to a large extent by providing new and varied services similar to the foreign banks. As for the activity of the bank during half year from January 2019 Bin Sukar said that the bank has realized in performance of bank activities and that the bank has earned profits during that six months from January to June 2019 five billion and two hundred million riyals and this supports the course of performance in upgrading the customer services and that we wish that the bank shall progress and shall perform more in a better manner than before and would operate various banking services for it is a unique bank in the Republic after it has progressed in last 50 years and still we are eager to perform better banking services with ease and speed as it is needed by our customers. He mentioned that the bank of Yemen had been established first government bank in the south Yemen in 1969 and has remained subjected to the government even after 1990 and the bank renders all banking activities through its 27 branches in 12 governorates of the Republic of Yemen.


 
02/02/2020
 

NATIONAL BANK OF Yemen Aden DECLARES THE COMPLETION OF REALIZATION IN WORKING AND TECHNICALLY

 
 
 
 
Report by Aden Times
 

Dr. Sunkar said that the development project and modernization of administrative system and application of live banking system is an integrated part of work executed by Large international companies in global advisory has declared that the National bank of Yemen has realized the working and technically new application of live project of banking system and in the environment of development of the project and modernizing the banking transactions that are executed in two stages has comprised first by administration structure of the bank and the second stage is its integrated completion. Dr. Ahmed Ali Omar bin Sunkar the GM of the National Bank of Yemen and general supervisor of the live project of application of new banking system has inaugurated in the morning of Sunday 2nd February 2020 in the general administration office and in the Queen Arwa road branch and Aidroos branch and in the center that the network was inaugurated by switching on the network of new banking system. Dr. Sunkar explained that to the Aden Times that great effort was used to complete this project and that now it has realized and the bank witnesses after 50 years of its establishment that the bank has earned its fame in the country and abroad and between its clients worldwide. He pointed out its beginning and the problems faced by the bank in executing this project since 2007 and how it convinced the government to execute it . Dr. Sunkar added that many cadre of the bank were trained and professionalized in Oman (Jordan) and in batches according to the program of the project and how the persons were sent abroad to the Jordanian capital where the main office of the company BANKS System is dominated and that a large amount of various kinds of information would be transferred easily by the new banking system and it is the first time in history of the bank that in such short period and courses how it was possible to obtain such system which would provide information easily and quickly by the users and that the system shall provide the customers services excellently and distinctively. And there is a provision transacting with the bank for rendering services for paying salaries and paying electric bills and other banking systems in an advanced manner. According to what Dr. Sunkar said who is the GM of the National Bank of Yemen this project is executed by large foreign companies in worldwide advisory and one of them is Dwelt and Torch which completed the first stage of structure of administration and the completion of the stage of done by ICS. Dr. Sunkar ensured that the safety of this stage of live application of the project in the beginning of the year on 2/2/2020 and it has been operated at the main office and at the branches of Aidroos and Arwa and these are biggest branches of the National bank of Yemen. Dr. Sunkar also added that the administration of the two stages would be under supervision of the deputy general manager Mohsin Asshabahi and Professor Ziyad Aayedh Basuneid who is manger of mechanical part of the project and he ensured that the both and the working team of the project and trainers all of them have exerted much effort in realizing and have rendered much elastic manner in providing services to a large extent and this would be better than ATM and VISACARD and modern customer services would be rendered through mobile smart phones and that the project shall provide to work with modern banking system which are needed by the central Bank of Yemen and that is the money laundering campaign which works with the international system. Dr. Sunkar was satisfied that by entering the new banking system has been successful after completion of the year 2019 and that it has earned a large amount of profits and that in the year 2018 the bank has earned 5 billion riyals after deduction of taxes. Dr. Sunkar added that the success of this project has been done by Almighty Allah and also the kind guidance of our President Abdo Rabbo Mansoor Hadi and the prime minister and ministers of finance and the Central Bank of Yemen and the bank administration and the employees of all the banks and its branches and the clients of the bank and we also are thankful to the foreign company who provided the two stages of the project and all the financers and construction works and provision of equipment of all kinds and we also are thankful to the media and reporters who covered the inauguration of the project from time to time till we have reached the GO LIVE stage. Dr. Sunkar finally ended by saying that the application of the new system program shall be rendered in all our branches of National Bank of Yemen during the coming period.        

 
 

24/12/2019
 

 In the presence of Deputy of Trade Minister , a meeting was held to discuss difficulties confronting traders of key materials and  mechanisms to its solutions

 
 

In the temporary capital of Aden today,  a meeting was held to discuss the difficulties confronting the importers of basic  materials and the mechanisms for dealing with them according to the available capabilities. The participants in the meeting , which  put together Deputy Trade and Industry  minister Salem Al-Wali, the National Bank of Yemen  of board of directors Dr. Mohammed Halboub and chairman of  the chamber of Commerce  and industry in Aden , Abu  Baker Ba-obaid , intensify efforts and contribute  to the stability of the national economy  and the local currency .
The Deputy Minister of Industry stressed the importance of enhancing  joint work with banks that play a major role in facilating financial transactions for merchants . On his part, Halboub pay attention to mutual  efforts and group work to solve the problems that direct merchants of basic materials . Nothing the importance of the Saudi deposit to remedy the national economy and stabilizing the local currency . in turn, the Chairman of the Chamber of Commerce in Aden referred on the obstacles  facing merchants , investors , and the private sector , stressing on the importance of finding a mechanism to  solve it and improve the current situation to ensure the proceed ongoing of commercial process in best way

 

09/12/2019
 

Represented by Dr. Sunker :Yemen participation in the Arab Banking Conference and the board of directors meeting of the Union of Arab Banks


 
 
Dr. Ahmed Ali Omer Bin Sunker, Director -General of the Union of Arab Banks participates in the Annual Arab Banking Conference and  meetings of Board of Directors of the Union of Arab Banks hosted by the Egyptian Capital ,Cairo , during the period from the current December 8-9.
Under the auspices of his Excellency , the  Governor of Central Bank of Egypt , the activities of Annual Arab Banking Conference commenced yesterday morning Sunday, Dec. 8 in the Egyptian Capital , Cairo, with wide Arab participation to study the repercussions  of political fluctuations on the path of Arab banking work, and the impact of Arab Legislation pressures on the Arab banking work.
Following the opening session, the work session was held which saw  presentation of the main intervention concerning the repercussions of fluctuations on the path of Arab banking work by the Deputy Governor of Central Bank of Egypt ,while  Dr. Ahmed Ali  Omer Bin Sunker ,Director- general of the  conference sessions on Monday along with chairmen of board of directors for banks from countries of Iraq, Libya  and Egypt.
On Sunday, the Director-General of the Yemen National attended the meetings of Board of Directors of the Union of Arab Banks held at night in the Egyptian Capital, Cairo, in lieu to Lebanon Capital, Beirut, due to the circumstances which the Republic of Lebanon experienced.
Early this year 2019 Dr. Ahmed  Ali Omer Bin Sunker , Director -General of the Yemen National Bank, selected as member of Board of Directors of the Union of Arab Banks, representative of  Yemen Banks Sector in a step  deemed by the many bankers that it will return the Yemen to Arab Banking  Area  following  long intermitted period as a result of circumstances the Country incurred.

 
09/12/2019
 

the Governer, Al-Bohsseini, honored both Leaderships of the  National Bank in Aden and Mukalla and praise the level of services provided to the citizens

 
 
   
 

The Governor of Hadramout Governorate, the leader of the military second region, Major General, Farag Salemeen Al-Bohsseini,honored the Leaderships of the  National Bank in Aden and Mukalla.
It is done during a meeting held by the Governor of Hadramout with the cadres of Yemen National Bank on today morning in his  office in Mukalla City, durng which he praised the  level of services render to the ncitizens and plans for developing the banking work which approached by the bank within its strategies  for general development  and update.

Pointing out the branch of National Bank, represented by its manager, Mr. Saeed Baabbad played, during the period in which the Branch of Central Bank of Yemen in Mukalla Looting and sabotage and before its rehabilitation and operating suffered, great role, seeking continually to develop and the branch and update the branch of National Bank in Mukalla.
which was blanket repaired and renew advance accounting system and new banking technologies.
In the end of the meeting the Governor of Hadramout honored chairman of Dr.
Mohammed Hussein Halboob and manager of bank branch Mr.Saeed with two monumental shields in recognition with their efforts to serve the banking sector in Hadramout.


08/12/2019
 

Opening the new building for the National Bank Of Yemen Al-Shehr Branch

 
 
   
 

Deputy  Prime Minister, Salem Mohammed Al-Khanbashi, open the new building for the National Bank Al-Shahr  Branch , in the frame of a plan to development  and update for the National Bank Of Yemen. Deputy Prime Minister, accompanied by engineer Ameen Saeed Bazuraiq, the general director of Al-Shehr District, the chairman of bank board of director, Mohammed Hussein Halboob, deputy of general director of the bank Muhsen Al-Shabahi, and manager of National Bank of Yemen Branch in Al-Shehr, Mr.Nasser Obied Bin Hamzah, toured halls and offices of bank to know the bank sections and updates in the advanced and new accounting system and new banking technologies in the national bank of Yemen Al-Shehr branch. On this occasion , a ceremony was held in conjunction with ceremonies of Golden Jubilee 50 for the establishment of bank and the anniversary of national independence Nov.30, during which the Deputy Prime Minister, Salem Mohammed Al-Khanbashi express of happiness to open the project of bank branch in Al-Shehr and its development and updates confirming that the national bank has deep roots and great success and relevant connection with its clients and played outstanding roles in execution of  development plans in the country. In his  turn , the  chairman of national bank of Yemen  board of director Dr. Mohammed Hussein Halboob reviewed the updates project which the bank witnessed ,pointing  out the bank in this respect studied opening the new branch in Gail Bawazeer  District , at the top of them , Sala Al-Mashgar security manager of Al- Shehr and number of directors of companies and exchanges ,businessmen and the social figures.
Fourth Report:


07/12/2019
 

Deputy Prime Minister, and Hadramout Governor Opening Project of Rehabilitation of the building of National Bank in Mukalla

 
 
 
 
 

Deputy Prime Minister, Salem Mohammed al-Khanbashi and Hadramout Governor The Governor of Hadramout Governorate, the leader of the military second region, Major General, Farg Salemaen al-Bohsseini, today opened project of Rehabilitation of the building of National Bank Brach in Mukalla, in the framework of a plan to develop the banking work and in the context of strategy of general development and update for the National Bank of Yemen. Deputy Prime Minister and Governor of Hadramout, accompanied by chairman of bank board of directors, Dr. Mohammed Hussein Halboub; deputy of general director of bank, Muhsen al-Shabhi; and Manager of National bank Braneh in Mukalla, Saeed Baabad, toured halls and offices of bank which was completely repaired and introduced advanced and new accounting system and new banking technologies. On this occasion, a ceremony was held in conjunction with ceremonies of Golden Jubilee 50 for the establishment of hank and the anniversary of national independence Nov. 30, during which the Deputy Prime Minister, Salem Mohammed al-Khanbashi express of happiness to open the project of rehabilitation bank branch in Mukalla and its development and updates witnessed, confirming that the national bank has deep roots and great success and relevant connection with its clients and the bank played witnessed roles in execution of development plans in our country. It leads the banking work instead of the Central Bank during the Huthis's coup and control of Qaeda over the coast of Hadramout. Al-Khanbashi praised back board of directors' update plans and opening new branches and provides them with new banking work technologies. al-Khanbashi said that what Hadramout enjoy of security and stable ensure to push the development wheel that during the last few days place the foundation stone for overall development projects in many fields, appealing all to protect the security grace which in turn to be reflected on the development wheel in the province. In his turn, the chairman of national bank of Yemen board of directors Dr. Mohammed Hussein Halboub reviewed the updated project which the bank witnessed, pointing out the bank will tomorrow open the new branches in al-Shahr city and soon building of Seyien branch of 9 stories will be opened and establishment of bank branch in Gael Bawazer will be studied. The ceremony, the Governor, al-Bohseni, was honored with back shield in recognition of his great attention in the banking sector and support to the activity of bank in Hadramout. The opening was attended by number of parliamentary members, directors of many government and banking facilities, businessmen and bank clients.


 

The National Bank of Yemen Management issued Statement concerning Fire Event Exposed by Queen Arwa Building in Crater on Saturday on August 10, 2019

 
 
   
 
 

In the 52 anniversary of national independence, and the 50 anniversary (Golden Jubilee) for the establishment of the National Bank of Yemen, the National Bank of Yemen celebrated in the temporarily Capital, Aden, the opening ceremony of Queen Arwa Branch and Lahj Governorate Branch repairing project within the frame of the National Bank of Yemen strategy and its plant to develop and keep pace with the modern banking system. Meanwhile, the Ministry of Finance, Saleh Salem Bin Brake, confirms that there are still a lot of efforts to be continued by the National Bank of Yemen to achieve its successes that its management works hard and seriousness to confront the reality and develops the bank to reach the rank of international banks, indicating that the bank opened many projects that will form qualitative leap to develop the bank as one of Yemen economic pillars. On his part, chairman of bank board of directors, Dr. Mohammed Hussein Halboub, confirms that this occasion come under the framework of bank cerebrations with the 50 anniversary (Golden Jubilee) for the establishment of the National Bank of Yemen and the anniversary of (30) November, the independence day. Also, Dr. Halboub express his happiness with the attendance of local authority, Deputies, Minister of Finance and representatives of transitional Council confirming that from here Riyadh agreement will be achieved in the fact in the frame of ban celebrations and on occasion of independence day. In a statement to agency (Tomas), Dr. Ahmed Ali Omer Bin Sunker Director-General of the Yemen National Bank , remember of the board of Directors of the Union of Arab Banks emphasized the bank during the coming period will launches several projects ,the most important thing of which is the project of banking system development and update , thus updating the branches and its structure which comes under the frame work of the big project , noting by saying that in introduction of the modern banking system there efforts of those who sought and worked with the bank management to perform these important and advanced projects. Concluding his statement with congratulation and blessings to the His Excellency, the President Abdo Rabu Mansoor Hadi , All leaderships and the Sons of Yemen People , on the Occasion of the 52 anniversary of November 30, and the 50 anniversary (Golden Jubilee) for the establishment of the National Bank Of Yemen. In his turn , Mr. .Ali Mosa, deputy general director in the national bank, stated to the news agency (Tomas) that the leadership of the National Bank of Yemen is looking forwards to the future with optimism and studied planning in order for the bank to be source of pride to all in spite of difficulties faced by the indicating that the bank responsibility will be doubled for competition on the regional and international level in the coming days and months . During the last two days in Aden , the National Bank Of Yemen brings joy through the band which roamed the Crater squares along with sport competitions organized by the bank in various games represented by bicycle racing , marathon racing boxing championship which witnessed great competition among the players who participated on this occasion. This is stated in the statement of Mr. Ma'an Al-Sayiad marketing manager in the National Bank of Yemen - indicating that all winners got appreciation and honor of the National Bank of Yemen Leadership.


 
10/08/2019
 
The National Bank of Yemen Management issued Statement concerning Fire Event Exposed by Queen Arwa Building in Crater on Saturday on August 10, 2019
 
National bank fire
 

The statement said that: We would like to reassure the clients of bank that the fire event occurred was due to the shell which hits yard related to the bank building, in which there were electric generators and diesel tanks related to the building. The fire extended to two rooms of the building towards the yard opposite to the building of Aden Water Corporation. That is on ten past ten hour in the morning according to the report of building guards and bank employees. As all knows, during these days, Crater city, especially bank site, is seeing gun fire of all weapon kinds, light, medium and shells which makes the building exposed to such event. The bank was damaged not by fire, but by skirmish with different bullets that the windows and building were penetrated by the bullets of more than part. Praise is to God, some of the employees and guards of the building and the adjacent buildings of the bank extinguished the fire in virtue of their due vigilance and by help of the civil defense men in the city, and remedy was done under the supervision of the bank's administration. As a precautionary procedure by technicians and building guards, the electric current was disconnected, while the specialists according to their specialization started to check the condition of building and confirmed that the damages were limited mainly to generators and a small part of two rooms was affected limitedly Thus, we reassure all clients and employees of the hank that the fire is put out ,and has been extinguished. and as we thank all who called for reassurance and do not forget to thank the role played by some employees and under the surrounding circumstances they carried out their duty and the guards of the hank in putting out and blockading the fire and we supplicate Allah the safety for all and Lid Mubarak. in God willing

Dr. Ahmed Ali Omer Bin Sunker. Director-General of the Yemen National Bank.


25/04/2019
 
Selection of Dr. Ahmed Ali Omer  Bin Sunker as member of the Board of Directors  of the Union of Arab Banks
 
UAB - Union of Arab Banks
 

Click on thumbnails to view it in its origignal size

 
UAB - Union of Arab Banks UAB - Union of Arab Banks UAB - Union of Arab Banks
UAB - Union of Arab Banks UAB - Union of Arab Banks UAB - Union of Arab Banks
UAB - Union of Arab Banks UAB - Union of Arab Banks UAB - Union of Arab Banks
 
Beirut special:
 

Dr. Ahmed Ali Omer Bin Sinker, Director-General of the Yemen National Bank, selected as member of Board of Directors of the Union of Arab Banks. representative for Yemen Banks and banking Sector in a step deemed by the many hankers that it will return the Yemen to Arab Banking Area after long intermitted period as a result of circumstances the country suffered. During the past two days, Dr. Sinker left for Beirut. the Lebanese capital. to participate in the 46th General Assembly of the Union of Arab Banks. as well as to participate in the meeting of the new board of directors of the Union of Banks. in addition to participating in the activities of the Arab Banking Conference for 2019. which was held under the auspices of the Lebanese Prime Minister, Mr. Saad Hariri. Sources stated that Sheikh Muhammad Garrah al-Sabah was elected president of the Union of Arab Banks and Muhammad al-Atrabi was elected as vice-president for a new period from 2019 until 2022.

 

 
  The fortieth of martyr-Abdullah Salem Al-naqeeb

 

The martyr Abdullah Salem Al-Naqeeb was an exampl for the statesman who refused to surrender to the pressures of the criminals and chose to fulfill his oath and preserve the people's money
Read more>  

 
12/06/2017
Explains the circumstances of the fire today
 
مدير عام البنك الأهلي اليمني يوضح ملابسات الحريق اليوم
 

Director-General's Press Release Text Made Concerning Fire Broke Out in the Building of General Administration


We would like to assure the bank's clients that the fire incident that occurred was due to the problems of the public electricity network, which led to an electric contact for an air conditioner in one of the administrative offices in the second story of the public administration building and caused a fire in ten minutes past ten hour and ten minutes in the first moments from the beginning of the daily working hours. Thank to God, the employees and guards of the building and the adjacent buildings of the bank extinguished the fire which was blockaded in the within the office in virtue of their due vigilance and by help of the civil defense men in Crater area, wider the supervision of the bank's administration and the damages of incident was remedied. We took care to follow the necessary aids and checks for workers and guards in the Babel dispensary as a precautionary measure, praise are to God, the condition of everyone was looked after until they left the dispensary. The electrical current was also restored to the building by the bank's technicians after it was disconnected as precautionary measure. Therefore, we reassure all backs cl that the bank will practice its activity and work normally tomorrow, as we those who called up us and do not forget to thank the role played by some employees and under the surrounding circumstances they carried out their duty and the guards of the bank in putting out and blockading the fire and we supplicate Allah the safety for all and blessing last works, in God willing.

 
Signing the Labor Contract to Purchase and Supply Modern Banking System from Company (ICSFS)
22/05/2017
click thumbnails to view it in its original size
 
 

On today morning Shaba Hegira month 25, 1438 A. H, corresponding to Monday 22/5/2017 A. D. in Jordanian Capital, Amman, the signing ceremonies on the labor contract agreement to purchase and supply system, programs, applications and training (the banking system) between the National Bank of Yemen, represented by the chairman of board of directors Mr. Mohammed Hussein Halboub as well the Director-General of Bank Dr. Ahmed Ali Bin Sunker, and Company (1CSFS), the supplier on whom the tender has knocked down under the higher committee of tenders' decision No. (61) For the year of 2014, represented by Mr. the deputy of chairman of board of directors and the Director — General Mr. Nageeb Hazbon and the executive manager for business development Mr. Wail Abdulla Malkawi. That is coming in the frame work of directive of the top and executive management of bank to complete the stages of development and update project within the frame of its future work programs and one of the bank's main and key goals in order to achieve qualitative leap and keep pace with the banking work, provide banking competitive services and products contributing to serve the banking market. According to the negotiations and discussions for the action plan to perform the project which commenced at the beginning to the current month as the extension of procedures previously done, the agreement between the parties was concluded. Also it came in the light of directives of His Excellency, the President of Republic, Prime Minister, and His Excellency, Minister of Finance that it is necessary to achieve the bank development an update operation and urge the top and executive administrative leadership to pay attention with the project as it constitutes significant qualitative leap to develop the banking sector in the country and taking care to make the bank keeping up the developments seen by the banking sector on the regional and international level. In the presence of bank work team consists of mechanization project manager in the bank, Ziad Basunaid; Information technology director, Hani al-Fadhli and bank technical advisor Mr. Adnan Farhan and on the part of company Mr. Samer Abu Romi, operations manager, Mr. Hani Mahmmud al-Hamaida, country manager for the Republic of Yemen and Mr. Mohammed al-Amri, projects department manager, the signing ceremonies was executed in the company registered office on Amman.


 
Haramout Governor Compliment with the the Role of National Rank in providing the Cash Liquidity
21/03/2017

محافظ حضرموت يشيد بدور البنك الاهلي في توفير السيولة النقدية

 

The Governor of Hadramout, Staff Major General, Ahmed Bin Brake, praised the outstanding role played by the branch of the National Bank of Yemen, Mukalla, and its efforts in stabilizing the finance. This came during his meeting with the Chairman of the Bank's Board of Directors, Dr. Muhammad Halboub, in the presence of the deputy of the Ministry of Legal Affairs, Mohammed Bahabri, appreciating the bank's support to the local authority through providing the cash liquidity needed by the authority in managing the affairs of citizens and stabilizing their lives and establishing security. Meanwhile Dr. Halboub reviewed the services provided by the bank in Hadramout, and the facilities granted in wide-ranging bank transactions that take into account the conditions in the governorate and the country in general. He explained that the bank's leadership met with businessmen and traders in Hadramout, and offered them many facilities in commercial transactions and overcoming difficulties in import and export operations from around the world through the opening of bank credits and others. In the meeting, Staff Major General Ahmed Bin Brake, Director of the Yemeni National Bank Branch in Mukalla, honored Mr. Saeed Awad Khalid Baabbad with the governorate shield for his continuous efforts and management with the local authority by providing the cash liquidity needed by the authority in managing the affairs of citizens and stabilizing their lives and establishing security.

 

 
The delegation of the National Bank of Yemen under the hospitality of Major. Ahmed Saeed Bin Briek, Governor of Hadramout Governorate.
21/03/2017
محافظ حضرموت يشيد بدور البنك الاهلي في توفير السيولة النقدية
 

The Prime Minister's Decree No (7) for 2017
29/1/2017    
Appointing new Chairman of NBY Board of Directors  

Dr. Ahmed Ali Omer Bin Sanker was appointed as General Manager of the National Bank Of Yemen, as per the Prime Minister's Decree No. (7) for 2017.

The Prime Minister's Decree No (6) for 2017
29/1/2017    
Appointing new Chairman of NBY Board of Directors  

Mr. Esam Ahmed Alawi Al-Sakkaf was appointed as the Consultant of the Chairman of Board of Directors, as per the Prime Minister's Decree No. (6) for 2017.

 
Appointing new Chairman of the Board of Directors of NBY
28/1/2017    
Appointing new Chairman of NBY Board of Directors  

Dr. Mohamed Husain Halboob was appointed as a Chairman of the Board of Directors, and appointing Mr. Sami Abd Al-Hamed Mackawee as his Deputy Chairman of National Bank of Yemen on 28 Januery 2017 as per the Republican Decree No. (12) for 2017 issued by H.E. the President Abd-Rabbu Mansour Hadi.

 
Appointing new Chairman of the Board of Directors of NBY
12/9/2012    
Appointing new Chairman of NBY Board of Directors  

Mr. Mohammed Abdullah Muqbel Al A'ameri was appointed as a Chairman of the Board of Directors of National Bank of Yemen on 06 August 2012 as per the republican Decree No. (105) for 2012 issued by H.E. the President Abd-Rabbu Mansour Hadi.

 
NBY Foriegn Activities
News   13.07.2011
 

COMMERZBANK - Dubai
Our Foriegn Relations Dept. Manager Ms. Sakina A. Mahammed met Mr. Marcos Krepal Senior Relationship Manager ME Commerzbank Dubai. Meeting held in Commerzbank office Dubai on July 13, 2011. The meeting was very prosperous, they discuss long standing mutual relations and they confirm their support to National Bank of Yemen considering us as their partners in business.

NOOR ISLAMIC BANK - Dubai
NBY FR Manager also met Mr. Moosa Kaleem Al-Falahi Vice President head office of Financial Institution Treasury, Mr. Murtaza Khan Manager FI credit operation Financial Institution, Saddad Jacoob Manager Capital Markets & FI.
National bank of Yemen maintain in very good relations with Noor Bank Dubai which have several islamic investements with us, and NBY considers Noor Islamic Bank as good partner for islamic investement opportunities in various islamic instruments.

 
 
 
The Board of Directors Approves the Financial Statements for the Fiscal Year ending December 31, 2010
News   10.05.2011
 

The Board of Directors of the National Bank of Yemen held its annual meeting on Tuesday corresponding to 10th May, 2010 in the presence of all of its members and the participation of the executive directors of the Bank to approve the financial statements of the Bank for the financial year ending on 31 December 2010, and the hearing of the report of the independent auditor/Messrs Dahman and his partners RSM for such statements.

The meeting started with a speech  delivered by Brother Esam Ahmed Alawi Al-Sakkaf, Director General, on behalf of brother acting chairman of the Board of Directors in which he indicated the distinction of the year 2010 due to the multiple achievements made in 2010, of which the NBY is proud to realize, the most important of these achievements is the maintaining of the quality of its assets and their strength and the increase of the owners' equity which led to the raising of the capital adequacy ratio to become one of the best bank in the world with such capital adequacy, and consolidate the financial strength of the Bank and to achieve high levels of credit rating, whereas the Bank's assets increased by 3.6% and the balances of domestic investment by 9.6% and owners' equity have grown up by 12.4 higher than 2009. The Bank also maintained a high proportion of the Capital adequacy of 67% compared with the requirements of the Central Bank of Yemen and the requirements of Basal Committee amounting to 8%.



International Symposium
News   25.04.2011
 

NBY will participate in the International Symposium titeled " Auti-Money laundring and financing of terrorism" , wich will be held in Koral Beach Hotel in Beirut-Lebanon for the period from 27th to 18th April 2011.
NBY will be represented by Mr.Saber Saeed Abdo AL-Shormani-staff of the International dubit dept ,Member of group of certified compliance officers.



Training Courses Worldwide
News   18.04.2011
 
  • NBY participated in seminar by "Turkiya is Bankasi" titled "Commercial Transactions & Public Relations" held in Istanbul - Turkia (11 - 15 April 2011) represented by Mrs. Nadia Ali Mohammed - FR Dept., NBY.
  • NBY participated in a training course held by SWIFT titled "Changing SWIFT system" located in Dubai - UAE (17 - 22 April 2011) represented by Mr. Ziad Basinad & Mr. Hani Al Fadhli from IT Dept., NBY.


  • NBY Training Courses
    News   12.04.2011
     
  • A training course titled "Analysis & Validation of Bank's Work" held in Banking Studies Training Center - Sana'a (2-6 April 2011), NBY was represented by one of his staff from Statistics & Research Dept.
  • An Activative training course titled "Rehursing & Explanation of NBY Credit Policy" held in NBY Training Center - Aden (2-6 April 2011), participated by staff working on loans and overdraft facilities from different branches.


  • Change in NBY Management
      22.02.2011
     

    According to decree No. 120 and 121, dated 22 February 2011, from Hon. Minister of Finance that Mr. Ahmed Obaid Al Fadhli, Deputy Minister of Finance has been deputed as Chairman of National Bank of Yemen and Mr. Esam Alawi Al Sakkaf deputed as General Manager of National Bank of Yemen respectively, Replacing Mr. Adbul Rahman Mohamed Al-Kuhali, Chairman and General Manager.



    Meeting with Commerzbank - Dubai
      31.01.2011
     

    A meeting held in National Bank of Yemen, Sana'a Branch, headed by Mrs. Sakina A. Mohammed - Manager Foreign Relations Dept., Mr. Talal Al Kohali - Manager Chairman Office and Mr. Omar Al Shaiba - Manager Sana'a Branch met Mr. Marcos Krepel - Senior Relations Manager, Commerzbank - Dubai, on 31/1/2011 to discuss matual relations between two banks, and it's enhencement for multi benefits. Mr Marcos assured that Commerzbank has marked presence in Yemen and very good relations with all Yemeni banks.



    Capital Intelligence affiremed NBY ratings
      30.12.2010
     

    Capital Intelligence (CI), the International credit rating agency, on December, 2010 affiremed the rating of National Bank of Yemen. Soverign Long-term (B), short-term (B), Outlook is Stable.
    Foreign Currency Long-term rating is (B), short-term rating (B) and the Outlook is also Stable, while the Financial Strength rating is BB which is the highest in the Yemen.



    Kuwait win the 20th Arabian Gulf Cup
    Gulf 20  

    KUWAIT'S national soccer team defeated arch rivals Saudi Arabia 1-0 last night and lifted their 10th Gulf Cup in front of a record-breaking crowd at 22 May Stadium in Aden, Yemen.

     
    06.12.2010


    The 20th Arabian Gulf Cup
    Gulf 20  

    The tournaments of the Gulf 20 Cup are to kick off today in the 22nd of May Stadium in Aden. Yemen is to face Saudi Arabia in the opening match folloswing the opening ceremony and artistic carnival at 7 pm. The second match will be between Kuwait and Qatar at 10 pm.

     
    22.11.2010


    Financial Symposium in Mukalla
    20.5.2010  

    NBY held a Financial Symposium for the 20th Anniversary of Yemen Unity and Labours Day. NBY Chairman Mr. Abdul Rahman Al Kohali honer some of branches employees with the present of Mukalla's Governer Mr, Salem Al Khanbashi in Holiday Inn - Mukalla.

     
    20.05.2010


    Labours Day
     

    On the occasion of Laburs Day and the 20th Anniversary of Yemeni unity, NBY is helding a Financial Symposium in Mukalla - Hadramout from 18-19 May 2010 under the Slogen "Our strength is in our Unity".

     
    13.05.2010


    Board annual meeting
    04.03.2010   Board of Directors hold its regular third year annual meeting headed by the NBY General Manager Mr. Abdulrahman Al-Kuhaly on Thursday March 4th, 2010.
     
    04.03.2010


    Financial Symposium for the 40th Anniversary
    15.12.2009  

    NBY held a Financial Symposium for the 40th Anniversary for the etablishment of the bank in Mercure Hotel from 12 - 14 Dec. 2009.

     
    15.12.2009


     
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