Yemen’s Central Bank exposes “malicious scheme” to target banks operating in northern provinces

SANAA, Aug. 10 (YPA) – The Central Bank of Yemen, based in Sanaa, confirmed that it is following the continuous and increasing steps of escalation pursued by the pro-aggression government at the behest of the countries involved in aggression.

In a statement issued on Monday, the Bank indicated that the last escalation was what some media have reported about the announcement of the Central Bank of Aden its intention to pressure the banks to transfer their business centers to the city of Aden.

The Central Bank of Aden threatened to create a list of what it called “non-compliant banks” and force “all importing companies and commercial establishments” not to carry out any financial or banking operations, including opening credits and transfers for goods, with banks that it aims to include in its list.

The statement confirmed that the Central Bank of Aden aims to harm the relationship of these banks with “local authorities, banks, external financial and banking institutions, and other international organizations.”

E.M