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YEMEN IS IN COOPERATION WITH U.S TO ENCOURAGE PRIVATE SECTOR INVOLVMENT IN ITS AIM TO ALLEVIATE POVERTY AND STRAT ITS ECONOMY AND CAC BANK SAFEGUARDING YEMEN’S FUTURE.

Foreign and local investors have demonstrated their confidence in one Yemeni bank by dramatically increasing deposits. Last year, bank assets increased by 125% and received more than 25% of the new money coming to the banking industry, said Hafedh F. Mayad, chairman of Cooperative and Agricultural Credit Bank (CAC).

Confidence ……..Details

CAC Bank signed an agreement for remittances with Doha Bank

Cooperative & Agricultural  Credit Bank , one of the leading banks in Yemen signed with Doha Bank, the Convention to provide electronic remittance services direct from Qatar to Yemen. The parties agreed to attract local businesses and mainly targeting the President ……..Details

 

YCB flows into the foreign exchange market at $ 93 million dollars

The Yemeni Central Bank pumped 93 million dollars today to the local exchange market, in a step aimed at supporting the value of national currency to foreign currencies.

An official source said that the bank will  ……..Details

 

CACBANK AND SAM Sustainable Water Fund

 

The fund invests worldwide in companies providing technology, products and services relating to the water value chain, such as water distribution, management, treatment and analysis as well as irrigation. The aim of the fund is to achieve the highest possible returns over the long term. It is suitable for long-term-oriented equity investors who are convinced of the sustainable potential of the water market, and for inclusion in ……..Details


New CACBank the American Express card will be operating soon, CACBank, the bank you aspire

At CACBank, we understand that our clients are busy people who are frequently on the move. So, to ensure that you have complete access to your money and the ability to pay for purchases worldwide, therefore we are under ……..Details

CacBank presents lectures for Yemeni students in a number of universities 

We CAc Bank have brought collectively the best minds to share our experience with others; therefore CACBank presents their experience to Yemeni students in a number of universities, because we CACBank believe that power is the generation. ……..Details

 

CACBank accomplished network connection For Marab and Al-baitha branches.

On the 3rd of April the network connection for Marab and al-baitha branches was operating, due to the completion of all CACBank branches, to get connected and use the same system. CACBank has 33 branches operating their network, which completes ……..Details

 



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