Central Bank of Yemen

{{Use dmy dates|date=November 2022}}

{{Short description|none}}

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{{Infobox Central bank

| bank_name_in_local = البنك المركزي اليمني

| image = Logo of the Central Bank of Yemen.png

| image_title = National emblem of Yemen

| ownership = 100% state ownership{{cite web |last1=Weidner |first1=Jan |title=The Organisation and Structure of Central Banks |url=https://d-nb.info/1138787981/34 |website=Katalog der Deutschen Nationalbibliothek|year=2017|format=PDF}}

| headquarters = Aden

| established = 1971{{cite web |url=https://cby-ye.com |title=Central Bank of Yemen |website=cby-ye.com }}

| president = Ahmed Ghaleb al-Mabaqi

| leader_title = Governor

| bank_of = Yemen

| currency = Yemeni rial

| currency_iso = YER

| reserves = $1.8 billion

| borrowing_rate =

| deposit_rate =

| website = {{url|https://cby-ye.com}}

| preceded =

| succeeded =

| footnotes =

}}

The Central Bank of Yemen ({{langx|ar|البنك المركزي اليمني}}) is the central bank of Yemen. The Bank is engaged in developing policies to promote financial inclusion and is a member of the Alliance for Financial Inclusion.{{cite web |url=http://www.afi-global.org/about-afi/members |title=AFI members |publisher=AFI Global |date=10 October 2011 |accessdate=23 February 2012 |url-status=dead |archiveurl=https://web.archive.org/web/20120220141606/http://www.afi-global.org/about-afi/members |archivedate=20 February 2012 }}

History

A Yemen Currency Board was in activity from 1964 to 1967. The Central Bank of North Yemen was established in 1971 and the Central Bank of South Yemen in 1972. When the northern and southern sectors of Yemen reunited on 22 May 1990, the Central Bank of Yemen (of the north) merged with the Bank of Yemen (of the south) under the original name of “Central Bank of Yemen”.

Due to the Yemeni Civil War, the bank is bifurcated between the Central Bank of Yemen in Aden (CBY-Aden) and the Central Bank of Yemen in Sanaa (CBY-Sanaa).{{Cite web |title=The Economy - The Yemen Review, Quarterly: July-September 2024 |url=https://sanaacenter.org/the-yemen-review/july-sept-2024/23500 |access-date=2024-12-10 |website=Sana'a Center For Strategic Studies |language=en}}

Governors of the Central Bank

  • Abdul Aziz Abdul Ghani, 1971-1975{{cite web|url=http://www.pjsymes.com.au/yemen-sample.pdf |title=The Central Bank of Yemen - First Issue|website=pjsymes.com.au|access-date=11 April 2024}}
  • Abdulla al-Sanabani, 1975-1985{{cite book |title=Standard Catalog of World Paper Money |date=2011 |isbn=978-1-4402-1584-1|last1=Cuhaj |first1=George S. |publisher=Krause Publications }}
  • Mohammad Ahmed al-Junaid, 1985-1990{{cite web|url=https://books.google.com/books?id=6V-uhXRMADEC&q=%22of+yemen%22|title=Annual report and financial statements for the year ended ...|date=30 March 1990|publisher=Arab Monetary Fund|via=Google Books}}
  • Mohammad Ahmed al-Junaid, 1990-1994
  • Alawi Saleh al-Salami, 1994-1997{{cite web|url=https://al-bab.com/albab-orig/albab/yemen/biog/biogLZ.htm#SALAMI|title=Who's who in Yemen (L-Z)|website=al-bab.com}}
  • Ahmed Abdul Rahman Al-Samawi, 1997-2010{{cite web|url=https://www.meed.com/yemen-banking|title=Yemen banking|date=3 November 2013|website=MEED}}
  • Mohamed Awad Bin Humam, 2010-2016
  • Mansar Al-Quaiti (in Aden), 2016-2018{{cite web|url=https://www.thenational.ae/world/mena/yemen-s-president-names-new-central-bank-governor-1.703829|title=Yemen's president names new central bank governor|website=The National|date=12 February 2018}}
  • Mohamed Mansour Zemam (in Aden), 2018-2019{{cite web|url=https://www.centralbanking.com/node/4448961|title=Yemeni government appoints new central bank head|date=23 September 2019|website=Central Banking}}
  • Hafedh Meyad (in Aden), 2019{{cite web|url=http://www.xinhuanet.com/english/2019-03/21/c_137910895.htm |archive-url=https://web.archive.org/web/20200330004102/http://www.xinhuanet.com/english/2019-03/21/c_137910895.htm |url-status=dead |archive-date=30 March 2020 |title=Yemen's president appoints new central bank governor|publisher=Xinhuanet.com |date=21 March 2019 |accessdate=5 June 2020}}
  • Ahmed Obaid Al Fadhli (in Aden), 2019-2021
  • Ahmed Bin Ahmed Ghaleb al-Mabaqi (in Aden), 2021- incumbent

See also

References

{{Reflist}}