One Year After Leaving Houthi-Controlled Areas, YCBRD Announces Resumption of Operations from Aden (opens original article in a new tab)

Yemen Commercial Bank for Reconstruction and Development announced it is resuming operations from Aden, one year after moving its headquarters from Sanaa, which is under Houthi control. The bank's leadership met with the Central Bank of Yemen to discuss legal and operational status, and stated that the relocation was to protect its interests and maintain service continuity.

• YCBRD announced resumption of operations from Aden one year after relocating from Sanaa.
• Bank's Board of Directors met with Central Bank Governor to review legal and operational status.
• Relocation was intended to safeguard interests and ensure service continuity amid Houthi control and sanctions.