Yemen News Agency (SABA)
Home      Revolution Leader   About President   Local   International   US-Saudi Aggression   Economy   Reports   development and community initiatives  
فارسي | Español | Deutsch | Français | عـربي | RSS Feed
Search | Advance Search
 
  Local
Scholar Muftah Affirms Government support for renovating Sana’a University dormitories
[30 June 2025]
PM offers condolences on Dr. Muhammad Ba’alawi's Death
[30 June 2025]
Sana'a: Women's events in Sanhan commemorating martyrdom of Imam Hussein
[30 June 2025]
Cultural seminars in Adh Dhahar, Al Mashnah, & Hazm Al Udayn in Ibb commemorating Prophet's Migration
[30 June 2025]
Sana'a… Handing over site for construction of Al-Nasr Al-Wahdawi School to implementing party
[30 June 2025]
 
  International
Palestinian football star donates World Cup earnings to Gaza
[01 July 2025]
Six martyrs, including women, in zionist bombing of house in Deir al-Balah
[30 June 2025]
Palestinian Football Association documents martyrdom of 785 athletes & staff, destruction of 288 sports facilities since October 7, 2023
[30 June 2025]
Sheikh Qassem: Educational approach based on Islamic values is secret behind resistance’s steadfastness against Israeli enemy
[30 June 2025]
Jannick Sinner retains ATP World No. 1 ranking for 56th consecutive week
[30 June 2025]
 
  Reports
Tehran After American Aggression: What About investing in current moment?
[29 June 2025]
Million-person marches in capital & provinces bless Iran’s victory & reaffirm steadfastness with Gaza
[27 June 2025]
Why did Iran achieve victory in 12-day war against Israeli Entity?
[26 June 2025]
Legal Awareness: Immunity in Transactions and Protection in Criminal Cases
[26 June 2025]
After A Bitter Zionist Morning… Ceasefire Agreement Marks a Historic Victory for Tehran
[26 June 2025]
 
  US-Saudi Aggression
US-Saudi-Emirati crimes on this day in history
[30 June 2025]
US-Saudi-Emirati crimes on this day in history
[29 June 2025]
US-Saudi-Emirati crimes on this day in history
[28 June 2025]
US-Saudi-Emirati crimes on this day in history
[27 June 2025]
US-Saudi-Emirati crimes on this day in history
[26 June 2025]
  Local
IBY denies rumors & affirms its commitment to transparency
IBY denies rumors & affirms its commitment to transparency
IBY denies rumors & affirms its commitment to transparency
[Sun, 08 Sep 2024 00:48:33 +0300]

SANA'A September 08. 2024 (Saba)- The International Bank of Yemen (IBY) expressed its regret over the erroneous news and rumors that are circulating through some social media pages and accounts, which aim to stir controversy and discredit the bank.

In a statement received by the Yemeni News Agency (Saba), the bank explained that this information comes within the framework of the special objectives of some beneficiary parties, ignoring the efforts made by the bank since 2015 in facing the difficult economic challenges that Yemen is going through.

"The bank has been operating professionally for more than 45 years, in accordance with the legal regulations and instructions issued by the Central Bank of Yemen, in addition to applying the best international standards in banking, and as a result, the bank has won the trust of many international organizations , major local and international companies," the statement said.

The bank indicated that it operates with full transparency, as it annually publishes its audited financial statements approved by certified public accountants and the Central Bank of Yemen, which reflects its financial strength as a leading institution in the Yemeni banking sector.

The bank's assets exceed one billion dollars and its capital amounts to 46 billion riyals, making it the largest bank operating in the Yemeni Republic .

The statement indicated that the liquidity crisis experienced by the bank is due to reasons beyond its control, and that it is currently working in cooperation with the Central Bank of Yemen to reach urgent solutions. Expressing optimism that the crisis will end by the end of this year.

Yemen International Bank confirmed that it reserves its legal right to sue any party or person who published false news aimed at tarnishing its reputation or damaging the Yemeni banking sector. It called on his customers not to be drawn behind rumors and to rely on official sources to obtain information, stressing that the bank is taking all necessary measures to ensure the preservation of customer funds.

Whatsapp
Telegram
Print

  more of (Local)
UPDATED ON :Tue, 01 Jul 2025 00:10:24 +0300