Bank Information of the World - Y



Yemen
1.       CAC Bank - 
        Vision : 
        To be the most pioneering  financial institution 
        Mission : 
        CAC Bank commits itself to providing various  financial banking services of high quality. This is by applying its state of the art financial, administrative and technical systems of high professionalism and through its widely efficient business network of the individuals, companies and institutional sectors. The intention is to partake in the development of the national economy.  



        Basic Values : 
       Among many others, CAC Bank is committed to the following values: 
       • To work with the spirit of one team; 
       • To give care to and develop its Human Resources;  
       • To work on achieving social development; 
       • To make clients our main concern; and  
       • To constantly work on achieving excellence. 
       Address : Al Qeyada Street, P.O. Box 2850, Sanaa, Yemen.
       Website : www.cacbank.com.ye, Phone number : 967-1-250009
2.       International Bank of Yemen - 
        The International Bank of Yemen (IBY) was established in January 1979 by a Presidential decree. The bank administers its operations in the Republic of Yemen through it head office and 19 branches, 9 in the capital city and the others in Aden, Hodeidah, Mukalla, Taiz, Ibb, Sayun, and Dhamar. Established with a capital of YR50 million, which has now increased to YR5,100,000,000. This substantial growth reflects real progress in the banks activities and in it profitability, inspiring the trust and confidence. To cater for further expansions, the board of directors recently decided to raise the capital base to YR9 billion.
         In May 2002 IBY moved into its new purpose-built premises. The bank is electronically linked to the swift network that enables it to provide fast and reliable international services. IBY has the state of the art banking applications, Equation DBA from MISYS U.K. running on IBM AS/400. The head office of the bank and its branches are linked in a real time on line environment.
        Address : 4444 Zubairy Street, Sanaa, Yemen.
        Website : www.ibyemen.com, Phone number : 967-1-407000
3.       Yemen Bank for Reconstruction - 
        Founded Yemen Bank for Reconstruction and Development in Sana'a, Republic of Yemen, as a public company, in the twenty-eighth of October 1962 (10/28/1962 m) with a capital of $ 10,000,000 Local ten million Yemeni riyals mixed ownership between the Government of the Republic of Yemen by 51% of the private sector and 49% of paid-up capital each.
       The Yemen Bank for Reconstruction and Development is the outcome of the revolution   first   , and the bank's commercial banking first in Yemen, which is leading the development first and without a competitor and Dean wire Yemeni banking and all that you see today of empires commercial private and public institutions and companies was based Bank of Yemen was  and remains today the bank universal banking for all areas and sectors which Nstanbth by looking for the logo Bank, which is a clear indication of what he has done the bank of the work has been the realization of the Commercial Bank and Bank of industrial, agricultural and housing and was ambassador to Yemen first  , and his window to the world of foreign trade through an extensive network of correspondents in more than one state in the world.
       The Bank since its inception and the work   of the Central Bank until the beginning of the seventies and even has been created and the establishment of the Central Bank of Yemen has made  ​​all the tasks and responsibilities related to the central bank. The bank operates in banking from the main center of the bank (public administration) in the city of Sanaa, and through 44 branches located throughout the Republic of Yemen and also has correspondents in various parts of the world and provides the Yemen Bank for Reconstruction and Development, banking and financial services distinguished by its branch network spread all over the Republic of Yemen . The Bank contributed to the economic development resulting in an effective contribution to establishing the reputation of Yemen Bank for Reconstruction and Development, internally and externally.
        This is the Bank of Yemen briefly talk about a long talk and has a ÔĚćä not have the space here to mention because of the magnitude of his achievements during the old banking term which reached its golden jubilee for a period of fifty years and continues to achieve success year after year and has the advantage of financial and strong financial position to make it trustworthy All Yemeni.
        Address : P. B 541, Sanaa, Yemen.
        Website : www.ybrdye.com, Phone number : 967-1-295915
4.       Yemen Gulf Bank - 
       Yemen Gulf Bank is registered as a Yemen Share Holding incorporated company under the laws of Republic of Yemen, Supervised and regulated by the Central Bank Of Yemen (CBY). The Bank is licensed by CBY as a full fledged Commercial Bank. Bank’s paid- up capital is 1.250 Billion Yemeni Rial’s (equivalent to 7 Million US Dollars), in accordance to the requirement of the CBY. The bank was inaugurated on 9th April 2001 by his Excellency Vice President of the Rep. of Yemen Mr. Abdu-Rabo Mansour. Y.G.B intends to implement the State of the Art technology in order to provide high standard banking services to the expectations of its individual customers and all other sectors of the community.
        To achieve our goals we have set the following strategy plan :-
        - Superior Banking services of minimum costs
        - Introduction of modern and simplified banking services supported by modern technology.
        - Well secured saving deposits with high returns.
        - Unique Internet Banking.
        - Business conducted by a team of selected professional bankers 
       The following menu of banking activities is especially tailored to suit our customers needs :
       - Opening of all bank accounts in Yemeni Rial and other major currencies.
       - Buying and selling of major currencies, shares and stock.
       - Safe deposit lockers for custody of  jewelry and valuables. 
      Y.G.B is equipped with a unique package of banking services for its clients :
      - Unique personal & Corporate banking.
      - SMS Banking.
      - A.T.M (Automated Teller Machine)
      - Tele Banking
      - Internet Banking.
      - Electronic banking.
      Address : P.O Box 100, Shawkani Street, Sanaa, Yemen.
      Website : www.yg-bank.com, Phone number : 967-1-260823

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