Aden's Central Bank Suspends Licenses of 5 Exchange Firms and Orders Their Closure
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The Governor of the Central Bank of Yemen, Ahmed Ghaleb, has issued a decision to suspend the licenses of five exchange companies and close their headquarters, following violations detected by the banking supervision sector.
The decision, No. (20) for the year 2026, was based on a field visit report submitted by the banking supervision sector, without detailing the violations committed by the companies included in the decision.
The decision included Al-Aroui Exchange and Remittances, Samir bin Awad Exchange and Remittances, Al-Muharraqi Express Exchange and Remittances, Al-Thawr Exchange and Remittances, and Al-Hamid Exchange and Remittances.
Source: Saba Net
