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Trading

List of Commercial Banks in Yemen

Published by Gbaf News

Posted on April 21, 2013

1 min read

· Last updated: December 7, 2018

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Banking Central Banks Islamic banking

Central Bank of Yemen
Arab Bank Limited
Calyon Credit Agricole ( CIB )
Cooperative and Agricultural Credit Bank
Housing Bank
International Bank of Yemen
Islamic Bank of Yemen for Finance and investment
National Bank of Yemen
Qatar National Bank
Rafidan Bank
Saba Islamic Bank
Shamil Bank of Yemen and Bahrain
Tadhamon International Islamic Bank
The Yemen Bank for Reconstruction and Development
United Bank Limited
Yemen Commercial Bank
Yemen Gulf Bank
Yemen Kuwait Bank for Trade and Investment

Key Takeaways

  • Yemen hosts a diverse range of commercial banks, including state-owned, private, Islamic, and foreign entities.
  • Commercial banks in Yemen play vital roles in trade finance, import/export, and servicing both retail and corporate clients.
  • The Central Bank of Yemen regulates and oversees all commercial banking operations in the country.
  • Several Yemeni banks provide strong Islamic-compliant financial services and modern trade finance instruments.

References

Frequently Asked Questions

Who regulates the commercial banks in Yemen?
The Central Bank of Yemen regulates and supervises all commercial banks operating in the country.
What types of banks operate in Yemen?
Yemen hosts state-owned, private, Islamic, foreign-owned, and microfinance banks providing a wide range of services.
Which banks offer Islamic banking services?
Islamic banking services in Yemen are offered by Saba Islamic Bank, Tadhamon International Islamic Bank, Shamil Bank of Yemen and Bahrain, and Islamic Bank of Yemen for Finance and Investment.
Do foreign banks operate in Yemen?
Yes, foreign banks such as Arab Bank, Qatar National Bank, Rafidain Bank, and United Bank Limited operate in Yemen.

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