SANA'A May 22. 2024 (Saba) - The International Bank of Yemen (IBY) expressed its regret for publishing false news and rumors on some social media pages and accounts, promoting false information related to the bank’s bankruptcy.
In a statement received by the Yemeni News Agency (Saba), the bank confirmed that this false news aims to distort its reputation , position, and aims to create confusion by some beneficiaries.
It explained that the Bank was able to withstand all the difficult economic conditions in Yemen since 2015, and that he continues to serve his clients and reach them in the most difficult places and in the darkest circumstances.
The bank also confirmed that it has been carrying out its work in a highly professional manner for more than 45 years and in accordance with the legal regulations and instructions issued by the Central Bank of Yemen and the competent authorities.
It pointed out that it follows the best international standards in banking, which has gained the trust of most international and local organizations.
The bank explained that it publishes its audited financial statements annually, which clarify its financial position, as its assets , assets exceed 1.5 billion dollars, and its capital amounts to 46 billion riyals.
The bank confirmed that it reserves its legal right to prosecute anyone who spreads false news that affects its reputation or the Yemeni banking sector.
It urged his clients not to be drawn into false news and rumours, stressing that he is taking all necessary measures and guarantees to preserve their money and to fulfill his obligations towards them.
J.A
resource : SABA
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