Central Bank of Yemen

15°20′56″N 44°12′26″E / 15.34889°N 44.20722°E / 15.34889; 44.20722

Central Bank of Yemen
البنك المركزي اليمني
HeadquartersAden
Established1971[1]
Ownership100% state ownership[2]
GovernorAhmed Ghaleb al-Mabaqi
Central bank ofYemen
CurrencyYemeni rial
YER (ISO 4217)
Reserves$1.8 billion
Websitecby-ye.com

The Central Bank of Yemen (Arabic: البنك المركزي اليمني) is the central bank of Yemen. The Bank is engaged in developing policies to promote financial inclusion and is a member of the Alliance for Financial Inclusion.[3]

The Central Bank of North Yemen was established in 1971 and the Central Bank of South Yemen in 1972. When the northern and southern sectors of Yemen reunited on 22 May 1990, the Central Bank of Yemen (of the north) merged with the Bank of Yemen (of the south) under the original name of “Central Bank of Yemen”.

Due to the Yemeni Civil War, the bank is bifurcated between the Central Bank of Yemen in Aden (CBY-Aden) and the Central Bank of Yemen in Sanaa (CBY-Sanaa).[4]

Governors of the Central Bank

See also

References

  1. ^ "Central Bank of Yemen". cby-ye.com.
  2. ^ Weidner, Jan (2017). "The Organisation and Structure of Central Banks" (PDF). Katalog der Deutschen Nationalbibliothek.
  3. ^ "AFI members". AFI Global. 10 October 2011. Archived from the original on 20 February 2012. Retrieved 23 February 2012.
  4. ^ "The Economy - The Yemen Review, Quarterly: July-September 2024". Sana'a Center For Strategic Studies. Retrieved 10 December 2024.
  5. ^ a b "The Central Bank of Yemen - First Issue" (PDF). pjsymes.com.au. Retrieved 11 April 2024.
  6. ^ Cuhaj, George S. (2011). Standard Catalog of World Paper Money. Krause Publications. ISBN 978-1-4402-1584-1.
  7. ^ "Annual report and financial statements for the year ended ..." Arab Monetary Fund. 30 March 1990 – via Google Books.
  8. ^ "Who's who in Yemen (L-Z)". al-bab.com.
  9. ^ a b "Yemen banking". MEED. 3 November 2013.
  10. ^ "Yemen's president names new central bank governor". The National. 12 February 2018.
  11. ^ a b "Yemeni government appoints new central bank head". Central Banking. 23 September 2019.
  12. ^ "Yemen's president appoints new central bank governor". Xinhuanet.com. 21 March 2019. Archived from the original on 30 March 2020. Retrieved 5 June 2020.


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