·        Deposits:

If you are looking for investment of your funds, then CAC Bank is the one you should go to.

With over 24 years of operation, being almost totally owned by the Government, CAC Bank represents trust and safety.

As for the returns, the Bank exhibits great concern in offering rates that are competitive to those that prevail in the local banking market.

Among the advantages accorded under this service are the following:

§         Possibility of opening deposits starting at YR500.000, $5000 or the equivalent in other convertible currencies;

§         Opening a Current Account without a minimum limit of the opening balance to be used for carrying forward regular interests;

§         Receiving a CACCARD for drawing amounts from ATM machines, thus enabling you to use funds that you have in your Current Account, either in the form of cash or payment for your purchases, through any of the mechanical payment or drawing points that spread all over the Governorates of the Republic.

§         To enable customers benefit from the disparity in interest rates, the Bank offers investment opportunities in any of the following currencies: Yemeni Riyal, US Dollar, Euro, Saudi Riyal and Emirates Dirham.

§         To maximize returns on deposits, the Bank computes and credits the account of the customer with the interests every 3 months. Also, on the request of the customer, the Bank may renew the deposit, with interest, regularly, which accords the customer a larger annual return.