Leading Banks in Yemen

List of top leading banks in Yemen:

Tadhamon International Islamic Bank (TIIB) - It is the largest bank in Yemen, providing Islamic banking and investment services to a broad demographic of customers in Yemen and abroad. TIIB has been declared a winner of the "Best Islamic Bank Award for 2010" in Yemen, during an annual awarding ceremony held in Dubai by the "Islamic Finance News Awards". Capital Intelligence (CI), the international credit rating agency, has affirmed Tadhamon International Islamic Bank's Long-Term and Short-Term Foreign Currency ratings at B and B respectively.

Yemen Bank for Reconstruction and Development - It was incorporated in Sana'a, Republic of Yemen on 28 October 1962 as a public shareholding company. The Bank provides banking and financial services through its Network of Branches which are spread all over the Yemen Republic.

International Bank of Yemen - It is the first leading bank in Yemen to launch many retail products in order to increase the volume of customers and to offer them quick, efficient and reliable computerize services.

Yemen Commercial Bank - It is the first private bank established after the Yemeni Reunification. The Bank was given the commercial permit by the Ministry of Trade and Supplies based on the Trade and Supplies Minister's decree No 32/1993.

Arab Bank - The Bank opened its first branch in Yemen's Hudaida town in 1972. It offers a range of banking services including retail banking (loans, credit cards, accounts, money transfers, etc), along with corporate banking services and products such as loans and letters of credit. Global Finance magazine has selected Arab Bank as Best Trade Finance Provider in Middle East in the Regions category, Best Foreign Exchange Bank in Jordan, and the best bank in Jordan and Yemen for 2009 in the "Countries" category. In addition, the Yemeni Al-Istithmar magazine has selected Arab Bank as the best foreign bank operating in Yemen in 2007, based on a set of criteria including advanced services, good reputation and high market penetration.
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