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  Local
Summer Course Activities in Bani Matar District
[17 May 2025]
Discussing situation in Socotra Governorate
[17 May 2025]
PhD in English for researcher Naseem Al-Wazir
[17 May 2025]
Hajjah Governor's Deputy Governor Reviews Summer Course Activities
[17 May 2025]
Dr. Bin Habtoor offers condolences on Sheikh Mohammed Abdullah Al-Mahdar Death
[17 May 2025]
 
  International
Muslim Scholars Gathering in Lebanon Commends Yemeni People's Solidarity with Palestine
[17 May 2025]
Guterres: Israeli blockade, starvation in Gaza mockery of international law
[17 May 2025]
Tulkarm still under Israeli offensive
[17 May 2025]
Barcelona wins title, willing to renew contract with Hansi Flick
[17 May 2025]
Gaza Media Office: Delayed inflow of assistance means death of tens
[17 May 2025]
 
  Reports
Change & Building Government... High capabilities in facing challenges
[17 May 2025]
U.S. Aid: A Zionist Scheme Targeting Resilience & Will of Palestinian People
[15 May 2025]
Red Sea Ports: Lifeline defies difficulties, continues to give
[13 May 2025]
Customs thwarts smuggling of cigarettes via waste oil locomotive
[13 May 2025]
Recent Operations by Palestinian Resistance: Account with Enemy Not Been & Will Not Be Closed
[13 May 2025]
 
  US-Saudi Aggression
US-Saudi-Emirati crimes on this day in history
[17 May 2025]
US-Saudi-Emirati crimes on this day in history
[16 May 2025]
US-Saudi-Emirati crimes on this day in history
[15 May 2025]
US-Saudi-Emirati crimes on this day in history
[14 May 2025]
US-Saudi-Emirati crimes on this day in history
[13 May 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.

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UPDATED ON :Sat, 17 May 2025 17:59:24 +0300