Dr. Muhammad Hussein Halboub, Chairman of the Board of Directors of the National Bank of Yemen, expressed his surprise that none of the five bank leaders responded to the Central Bank of Yemen’s decision to stop dealing with their banks due to their refusal to deal with the unified national money network.
Halboub said in a post on his Facebook page, followed by Scoop24 News: “We are surprised that none of the leaders of the five banks have responded, so far, to the decision of the Central Bank of Yemen to stop dealing with their banks, due to their refusal to deal with the unified national money network.”< /p>
Halboub considered that “silence is unjustified,” as it raises doubts among the local community and international financial and monetary organizations about the professionalism of these banks’ activities and the extent of their discipline with the Central Bank of Yemen.
Halboub warned that “the longer the clarification is delayed, the more this confirms the accusations against it that it is the tool used by the Houthis to destabilize monetary stability in areas under legitimate rule.”
Halboub called on “his colleagues in the leadership of those banks to explain to public opinion the reasons or fears that led them not to deal with the unified national money network.”
The Central Bank of Yemen had stopped dealing with five banks, including Al-Kuraimi, Al-Tadhamon, and the Bank of Yemen and Kuwait, due to their refusal to deal with the unified national funds network.