YBRD – Islamic Branches

The Yemen Bank for Reconstruction and Development – Islamic Baranches

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The Islamic Branches of the Yemen Bank for Reconstruction and Development were  established in Sana’a on  16 March 2014. With a capital of $ 3  billion Riyals and in accordance with the Central Bank of Yemen’s Decision of  01/27/2014, the branches were founded as an independent entity to be   100% owned by  the Yemeni Bank for Reconstruction and Development. It is worth mentioning that the Yemeni Bank for Reconstruction and Development was founded in Sana’a in 28 October 1962 as a joint stock bank with a capital of  (10) ten million Yemeni Riyals. The Bank is a public-private sector mixed ownership with 51% of paid capital for Government of the Republic of Yemen and   49% for the private sector.

Since its launching, the Bank worked on  founding  the existing Central Bank of Yemen. It actually used to carry out all the tasks and responsibilities of the Central Bank. The Bank performs its banking operations from its headquarter in Sana’a City. With its network of 44 branches located throughout the Republic of Yemen and  correspondent banks  around the world, the  Bank for Reconstruction and Development  has pioneered in the delivery of  unique banking and financial services.   It has been a very strong supporter and contributing agent to Yemen’s economic development and thus, won a very prominent reputation at the local and international levels.

Vision

Vision

To be the number one option for providing actual, Islamic, innovative banking solutions with the aim to better the lifestyle of people everywhere
Mission

Mission

The Bank aims at being the most successful and renowned banking institution at the local and international levels. This is by having ongoing initiatives for creating innovative services and outstanding products that go in line with Islamic Sharia tenets and more importantly by using modern technology and recruiting competent staff.
Core Values

Core Values

- Commitment
- Privacy
- Client First
- Perfection
- Professionalism
- Continuous Development
- Planning