·        Fixed Term Deposits:

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

With over than 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 prevailing 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 an opening balance minimum to be credited with the regular interests;

§         The option of receiving a CAC Debit Card for cash withdrawals and purchases payment through any of the Bank’s ATMs and Points of sale located all over the Governorates of the Republic.

§    The opportunity to open the Fixed Term Deposit in any of the following currencies: Yemeni Riyal, US Dollar, Euro, Great Britain Pound, Saudi Riyal and Emirates Dirham.

§         To maximize returns on deposits, we compute and credit your account  with the interests every 3 months, with the option of adding interest to the principal amount upon each renewal.

§         The possibility of obtaining different credit facilities in preferential rates against the pledge of the deposit.