Thursday, 22-February-2018 17:44
 
no comments in "Economy"
Economy
Thursday, 21-February-2008
Almotamar Net - Deputy Governor of the Central Bank of Yemen (CBY) for monitoring on banks Mohammed al-Laaibi said Thursday that the CBY received in 2007 ten applications for establishing new banks in Yemen and an agreement in principle was granted to one application only. He added that the remainder applications are still under consideration. Meanwhile he said that 27 branches of banks working in Yemen were opened in Yemen governorates during the last year. almotamar.net - Deputy Governor of the Central Bank of Yemen (CBY) for monitoring on banks Mohammed al-Laaibi said Thursday that the CBY received in 2007 ten applications for establishing new banks in Yemen and an agreement in principle was granted to one application only. He added that the remainder applications are still under consideration. Meanwhile he said that 27 branches of banks working in Yemen were opened in Yemen governorates during the last year.

On the other hand the Governor of the Central Bank Ahmed Abdulrahman al-Samawi called on Thursday on the banks working in Yemen that are not able to raise their capitals to merge so that to be able to compete and survive under the globalization and openness and due to Yemen's endeavours to join the World Trade Organisation.

In a meeting in Sana'a on monetary and banking developments during the last year al-Samawi said the budget of banks in Yemen rose in the last year to YR 2 trillion with an increase of 264 billion and 800 million compared to 2006, at a growth rate of 26.3% and the deposits rose from YR 900 billion to one trillion and 53 billion for the same period.

The Central Bank governor said the national banks captured around 74% of the total banking activity while the Arab and foreign banks got 26% of the activity. Al-Samawi also reviewed plans of the Central Bank for developing the efficiency of the banking apparatus performance through a group of measures focusing on encouraging merging of banks, including strengthening of the banking apparatus and expansion of its activities.

More from "Economy"

Other titles:
Tuesday, 17-October-2017
The United Arab Emirates acknowledged on Tuesday that two of its pilots were killed when their military aggression plane crashed over Jawf province, a military official said

The official added that the aggressive crashed plane was an apache that was
Tuesday, 17-October-2017
Three citizens were killed and four others wounded in two Saudi air strikes hit Majza district of Saada province, an official said on Tuesday.

The strikes hit a citizen's car in al-Jamalah area in the district, the official added.
Tuesday, 17-October-2017
Artillery of the army and popular shelled a gathering of Saudi-paid mercenaries in al-Moqadra area in Serwah district of Marib province, a military official said on Tuesday.

Meanwhile, dozens of Saudi-paid mercenaries were killed and others injured in Wadi al-Theek in the district, the official added.
Monday, 16-October-2017
The army and popular forces carried out on Monday unique military operations in Taiz province.

A military official said that a number of Saudi-paid mercenaries were killed at the hands of the army and popular forces in al-Jazami Hill in al-Kadaha area in al-Ma'afer district.
Monday, 16-October-2017
A Saudi aggression fighter jet targeted a citizen's car driving in Fara area of Kutaf district in Saada province overnight, killing the driver and injuring his friend, a security official said on Monday.
Monday, 16-October-2017
The army artillery and popular committees launched a fierce attack on Saudi-paid mercenaries' sites in Jawf province, a military official said on Monday.

The attack destroyed a military vehicle belonging to the mercenaries and killed all on board in Sabran area in khab and shaaf district.
Sunday, 15-October-2017
Scores of Saudi enemy soldiers were killed and injured on Sunday when the army and popular forces repelled a Saudi military attempt to sneak into Shurfah site in the border province of Najran, a military official said.

The operation was accomplished successfully against the Saudi
Sunday, 15-October-2017
The army and popular committees have killed a total of 18 Saudi-paid mercenaries in sniper operations over the past hours in the central province of Marib, a military official said on Sunday.

Ten mercenaries were killed in Nehm district and eight others were killed in Serwah district, said the official.
Saturday, 14-October-2017
Saudi aggression warplanes have launched more than 49 airstrikes over the past hours on several residential areas across Yemen, a security official said on Sunday.
The airstrikes targeted the areas of Malahiz and Husama in Dhahir district, and areas Thuban, Masahif and Sdad in Bakim district of northern Saada province.
Thursday, 12-October-2017
The army and popular forces carried out an operation attack on Saudi-paid mercenaries' sites in al-Hawal area in Nehm district.

A local official said that the operation attack resulted in killing and injuring mercenaries, adding they also incurred heavy losses at their ranks

who we are     |    Advertising     |    contact us
All rights reserved © Almotamar Net, Developed by