The Bank of Yemen and Kuwait seeks to support small and medium enterprises, with a focus on financing the agricultural sector, as this initiative is considered one of its most prominent priorities. 

The Regional Director of the Bank, Mr. Ali Ahmed Mishwar, confirmed that the Bank has achieved tangible results in improving the situation of farmers and developing the agricultural sector. 

Noting that the bank provided significant support worth 12.5 billion riyals to finance agricultural projects, including solar-powered pumps.

For his part, the Director of the Small and Medium Enterprises Services Department, Mr. Maher Al-Hamidi, explained that the bank focused on supporting farmers in the Lahj and Abyan governorates, which are considered the food basket of Yemen. About 900 farmers were supported, which led to increased agricultural production yields and improved farmers’ income.

The farmers confirmed that they witnessed the transformation of their lands from barren desert into productive farms thanks to the Bank’s financing, as they were able to grow a variety of crops.

The Bank of Yemen and Kuwait continues to achieve a community partnership that contributes to developing the agricultural sector and enhancing economic sustainability, which contributes to meeting the needs of the local market and enhancing job opportunities.