In a new step towards strengthening the banking and economic sector in Yemen, the capital, Aden, is preparing to open the “First Bank of Aden” (FAD BANK), with southern capital, which is the largest investment banking project in which work will begin soon.

 This bank comes with an integrated Islamic banking vision that aims to provide comprehensive banking services equivalent to global services, with a focus on supporting the country’s efforts to stabilize the banking market and achieve sustainable development.

Sheikh Anis Al-Jahoushi, Chairman of the Bank’s Board of Directors, confirmed that “First Aden Bank” will provide a qualitative breakthrough in the world of finance and investment by building strategic partnerships and providing new opportunities for the private sector, which will contribute to accelerating the pace of economic growth in the country. The bank will also adopt The latest global banking systems to provide innovative and safe banking services to its customers.

This step comes at a crucial time for Yemen, as the economy suffers from major challenges due to the war and the ongoing political crisis. It is expected that the “First Bank of Aden” will play a pivotal role in reconstruction and economic development, making it a promising project that will enhance Aden’s position as a center. Regional financial and commercial.

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