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  Local
Expanded consultative meeting in Sana'a to support educational process
[26 June 2025]
Expanded Consultative Meeting in Hodeidah
[26 June 2025]
US-Saudi-Emirati crimes on this day in history
[26 June 2025]
PhD for researcher Mohammed Al-Mushki
[26 June 2025]
Launch of eighth phase of "Al-Aqsa Flood" courses in Hajjah Governorate
[26 June 2025]
 
  International
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[26 June 2025]
16 Palestinians Martyred
[26 June 2025]
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[26 June 2025]
 
  Reports
Honest positions break strongest alliances, thwart enemies' attempts to oppress nation
[25 June 2025]
Yemen is advanced front in nation's battle to confront Zionist-American project
[24 June 2025]
Dismantling Mossad cells in Tehran: Hostile infiltration turned into opportunity for intelligence superiority
[24 June 2025]
US Intel policeman role threatens regional stability
[23 June 2025]
With their massive turnout in capital & provinces… Yemenis affirm steadfastness with Gaza & Iran against Zionist-American crimes
[21 June 2025]
 
  US-Saudi Aggression
US-Saudi-Emirati crimes on this day in history
[26 June 2025]
US-Saudi-Emirati crimes on this day in history
[25 June 2025]
US-Saudi-Emirati crimes on this day in history
[24 June 2025]
US-Saudi-Emirati crimes on this day in history
[23 June 2025]
US-Saudi-Emirati crimes on this day in history
[22 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.

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UPDATED ON :Thu, 26 Jun 2025 11:32:42 +0300