Aden Bank for Microfinance Is to Launch Its Operations and Contribute to Achieving Financial Inclusion

Aden Bank for Microfinance is expected to launch its services and businesses in Yemen after completing the initial arrangements as it has obtained the approval of the Central Bank of Yemen at the end of October.

“Aden Bank for Microfinance will work in partnership with local banks, financial institutions and communities using best practices in microfinance and quality standards for the provision of Islamic banking services applying an integrated system of financial and non-financial services and supporting value and supply chain for MSMEs.” Said the Chairman of the Aden Bank’s Board of Directors, Mr. Saleh Awadh.