CBY holds Aden’s bank responsible for any decisions harming stability of Yemeni banking sector

SANAA, Aug. 10 (YPA) – The Central Bank of Yemen (CBY)  in Sanaa on Tuesday held the leadership of the so-called “Central Bank of Aden” and the international community responsible for any steps or decisions aimed at compromising the stability of the Yemeni banking sector.

In a statement issued today, the CBY confirmed that it is following the continuous and increasing steps of escalation pursued by “the mercenary government” in Aden at the behest of the aggression countries (Saudi-led coalition).

The statement referred to the latest escalation steps of the mercenary government reported by the media on the issuance of a statement by the so-called “Central Bank of Aden” declaring its intention to pressure the banks to transfer their business centers to the city of Aden, threatening with creating a list of what it called “non-compliant banks.”

Aden’s bank aims, by these escalation steps, at forcing “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 will classify them according to its desire as non-compliant banks, which will harm those banks’ relationship with “local authorities, banks, external financial and banking institutions and other international organizations.”

YPA