Yemen’s Central Bank revokes licenses of 6 Sanaa banks

AL-MUKALLA: The Central Bank of Yemen has revoked the licenses of six Yemeni banks for failing to relocate their offices from Houthi-held Sanaa to the southern city of Aden, the war-torn country’s temporary capital. The decision is expected to provoke retaliation from the Houthis.

Jul 11, 2024 - 21:16
Yemen’s Central Bank revokes licenses of 6 Sanaa banks
AL-MUKALLA: The Central Bank of Yemen has revoked the licenses of six Yemeni banks for failing to relocate their offices from Houthi-held Sanaa to the southern city of Aden, the war-torn country’s temporary capital. The decision is expected to provoke retaliation from the Houthis.

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