Central Bank of Yemen celebrates the new financial year [Archives:2005/807/Business & Economy]

January 13 2005

By Fahmia al-Fotih
For the Yemen Times

A training year for the Central Bank of Yemen and the Banking Studies Institute was celebrated on 8 Jan. in the headquarters of the Central Bank of Yemen.

The head of the Banks Association, heads of different banks and insurance companies along with the deputy of the Governor of the Central Bank of Yemen and the agents of the bank branches attended the celebration.

The new training plan for 2005 was also demonstrated which focused on the training in field of fighting inflation, terrorism funding, and the investing funds as well as electronic bank operations and international accounting standards.

Ali Humaid, the public relations manager at the Central Bank of Yemen, in statement to Yemen Times “we aim to assess the rehabilitating training activity for the employees of the banking sector in Yemen from 1997 through 2004. The programs through the previous years were intensive and the trainees in 1997 were few, not more than 100 cadre. Now the number of trained employees is in the hundreds. They have benefited much from the workshops and trainings programs. So that's why we celebrated today.”