Global Money Week - Interview with Dr. Ahmed Omar Bin Sankr, General Manager of the National Bank of Yemen
11/03/2025
Effectiveness of encouraging young people to save - National Bank of Yemen
As part of its ongoing efforts to promote financial literacy among younger generations, the National Bank of Yemen organized an evening awareness session for a group of children on Tuesday, March 11, 2025, at the bank's Queen Arwa branch. The event aimed to spread financial awareness and reinforce the concepts of saving and sound financial planning among various segments of society, especially children, who represent the future generation. This event is part of the bank's activities to celebrate Global Money Week, scheduled to take place from March 13-19, 2025, under the auspices of the Central Bank of Yemen and with the support and supervision of the General Manager of the National Bank of Yemen, Dr. Ahmed Ali Omar Bin Sankr, under the slogan #ThinkBeforeYouFollow #CreateYourWealthWisely #LearnSaveEarn. The awareness session, presented and skillfully moderated by Mr. Saleh Awad, Advisor to the General Manager, focused on introducing children to the concept of saving and its importance in daily life. The benefits of saving from a young age were explained, along with how children can begin saving from their personal allowance within the family. The role of financial institutions and banks in supporting a culture of saving was also highlighted, through the provision of dedicated savings accounts for children, which help them develop their skills in managing money wisely and responsibly. The awareness content and interactive activities included a session designed to simplify financial concepts for children in a fun and easy-to-understand way. Practical examples were presented showing how children can allocate a portion of their daily allowance to savings and use it to achieve future goals, such as buying educational books or useful toys, instead of spending it randomly. The difference between wants and needs was also explained, along with the importance of making wise financial decisions, which helps them build sound financial habits that will last a lifetime. At the end of the event, the National Bank of Yemen distributed a piggy bank to each participating child as a practical way to help them begin their savings journey, along with tips on how to use it to save a portion of their daily allowance. It was emphasized that saving does not mean deprivation, but rather a means to achieve financial security and prepare for future needs, based on the well-known proverb: "A penny saved is a penny earned." The bank's commitment to spreading financial awareness was highlighted by Deputy General Manager for Support Services, Mr. Ali Mousa Ali, who told the media: "Organizing this event stems from the National Bank of Yemen's commitment to its social responsibility and its keenness to spread financial awareness among various segments of society, especially children, who represent the foundation of the future." He added that the National Bank believes that fostering financial literacy from a young age contributes to building a more aware and informed society regarding the importance of sound financial planning, which positively impacts the national economy as a whole. The National Bank of Yemen continues its efforts in organizing workshops and awareness programs as part of Global Money Week, emphasizing its leading role in supporting and developing financial awareness among all members of society through innovative initiatives targeting all age groups. For his part, Marketing Director Bassam Madhij confirmed that upcoming events will be held from March 17th to 19th at Aden Mall as part of Global Money Week. He invited the public to visit the National Bank of Yemen's booth at the Aden Mall Financial and Banking Services Exhibition to learn about the services offered by the bank and take advantage of free services during the exhibition (bazaar). #GlobalMoneyWeekYemen #ThinkBeforeYouFollow #YourWealthIsBuiltWisely #LearnSaveEarn #GMW2025 #GMW
28/05/2024
Under the patronage of the Prime Minister and the Minister of Finance, the National Bank of Yemen celebrates and honors its employees in celebration of International Workers' Day, May 1, 2024.
On Tuesday, May 28, 2024, the National Bank of Yemen held a ceremony to honor its employees, under the patronage of the Prime Minister and the Minister of Finance, in celebration of International Workers' Day.
At the beginning of the ceremony, Salman Ahmed Salem Ashour recited verses from the Holy Quran. The Acting General Manager of the National Bank, Mr. Ali Moussa, then opened the proceedings with a speech conveying the greetings, congratulations, and thanks of the Chairman of the Board of Directors, Dr. Mohammed Hussein Halboob, the General Manager of the National Bank, Dr. Ahmed Ali Omar Bin Sankr, and the members of the Board of Directors to all bank employees on this celebratory occasion, acknowledging their achievements and their commitment to continued progress and excellence.
He emphasized that this annual event, held by the National Bank of Yemen, aims to honor 42 outstanding employees from all branches of the bank, in addition to 10 retirees, in recognition of their distinguished efforts and to encourage them to continue their path to success.
He added in his speech that senior management has always strived to care for its employees, whether through their training and participation in local and international training courses, enhancing their job performance, or creating a suitable and comfortable work environment. This contributes to providing the best, most modern, and highest quality services to our valued customers.
The introduction of the new banking system, BANKS, is a testament to this. The network connection of most of the bank's branches in the southern governorates, achieved by the bank's local staff, is a clear example of this commitment. This system facilitates transactions for our valued customers through services such as Al-Ahli Mobile and Al-Ahli Net. Soon, ATM Bank Card and Visa credit card services will be introduced. He concluded his speech by expressing his hope that this ceremony honoring a select group of employees will motivate all our staff to exert even greater efforts, thus earning their rightful recognition and reflecting the exemplary image of the National Bank of Yemen in providing the highest quality banking services to its customers. The head of the National Bank Employees and Workers Union, Mr. Emad Hard, delivered a speech congratulating the honorees on International Workers' Day and expressing his gratitude to the bank's leadership for this kind and humane gesture, which has become a tradition to celebrate annually on this day.
This was followed by a report on the history of the National Bank, which was founded in 1969. The report highlighted the number of branches spread throughout the governorates of the Republic of Yemen and the bank's receipt of numerous international and Arab awards. A biography of the late Mr. Sami Abdulhamid Makawi, Vice Chairman of the Board of Directors, was also presented, showcasing key milestones in his career at the bank and his significant role in advancing banking operations at the National Bank of Yemen.
At the conclusion of the ceremony, (42) outstanding employees of the National Bank of Yemen, including retired employees, were honored for their hard work and efforts, which, as everyone attested, had a positive impact on providing exceptional customer service. Following this, the Minister of Finance, Mr. Salem bin Brik, was honored with a special shield in recognition of his efforts in the development and modernization process witnessed by the National Bank of Yemen and his contributions to enhancing banking operations. Major clients were also honored in appreciation of their role in improving the bank's services. These included the Aden Gulf Ports Corporation and the Yemen Petroleum Company, Aden Branch, who were awarded the Shield of Excellence for their distinguished and long-standing partnership with the bank.
It is worth noting that the National Bank of Yemen has made it a tradition to hold this ceremony annually to reflect the management's commitment to supporting and motivating all its employees. Furthermore, this event provides an opportunity for management to express its appreciation to its employees, recognize outstanding performance, and commend their efforts in contributing to the realization of the National Bank of Yemen's vision.
The honoring ceremony was attended by Mr. Mohsen Saeed Al-Shabahi, Deputy General Manager for Banking Affairs and Acting Chairman of the Board of Directors, Dr. Saleh Al-Jariri, General Manager of the Yemeni Oil Company, Dr. Mahmoud Al-Jaradi, General Manager of Sirah District, Mr. Ali Taha, representative of the Ministry of Finance and member of the Bank’s Board of Directors, Mr. Ali Ba’ashan, General Manager of Banking Supervision at the Central Bank, Mr. Bassam Madhij, Marketing Manager, staff and managers of departments and branches of the Bank, and a group of journalists and media representatives from various press and media outlets in the capital, Aden.
03/05/2024
In celebration of the Arab Financial Inclusion Day
The National Bank of Yemen, Head Office Aden, concludes the activities of the Arab Financial Inclusion Day by honoring and opening accounts for people with disabilities (the physically disabled, the deaf and mute, and the blind)
29/04/2024
The National Bank of Yemen in the capital, Aden, holds an awareness lecture on financial inclusion for people with disabilities as part of the activities of "Arab Day for Financial Inclusion".
Source: Al-Ahli Almasarafi
As part of the "Arab Financial Inclusion Day" initiative launched by the Arab Monetary Fund under the slogan "Towards Encouraging Savings to Enhance Financial Inclusion" (April 24-27, 2024), and sponsored by the Central Bank of Yemen, Aden Branch, the National Bank of Yemen, at its Aden Branch (Queen Arwa Branch), in cooperation with the Association for the Physically Disabled, organized an awareness lecture on the importance of financial inclusion. Participants with disabilities (specifically, those with physical disabilities) learned about the concept of financial inclusion and how to manage their financial resources wisely and save money to secure their future. Mr. Saleh Awad, Advisor to the General Manager, reviewed the objectives and benefits of financial inclusion, how to develop capital, and the importance of saving at the individual and societal levels in the short and long term to achieve desired goals. Participants also learned about different types of savings and suitable financial investments, promoting a culture of saving, which plays a key role in increasing their access to the financial system.
For his part, Mr. Mohsen Saeed Al-Shabahi, Deputy General Manager for Banking Affairs, delivered a welcoming address to the participants, emphasizing the importance of the event and financial inclusion. He stressed the necessity of promoting financial literacy among all segments of society to cultivate a financially aware generation capable of managing their finances effectively. He affirmed that people with disabilities are an integral part of the social fabric, and emphasized the keenness of the National Bank of Yemen's leadership, represented by Chairman of the Board Dr. Mohammed Hussein Halboob and General Manager Dr. Ahmed Ali Omar Bin Sankr, to participate in the Arab Financial Inclusion Day initiative. He explained that the selection of people with disabilities stemmed from the National Bank of Yemen's commitment to this group through the provision of modern banking services and facilities as a form of community contribution aimed at spreading financial awareness among them.
He further clarified that the bank's leadership is committed to keeping pace with modern developments by introducing the latest banking programs and systems that meet customer needs and provide them with the highest quality banking services quickly and easily, anytime and anywhere. The National Bank of Yemen's participation in the Arab Monetary Fund's initiative on Arab Financial Inclusion Day, under the auspices of the Central Bank of Yemen (Headquarters - Aden), stems from the bank's ongoing commitment to actively participate in this initiative, as well as in all the various initiatives and awareness campaigns launched and sponsored by the Central Bank of Yemen. The National Bank of Yemen is among the first Yemeni banks to target and contribute to educating and promoting financial awareness regarding the importance of financial inclusion for people with disabilities.
At the conclusion of the event, Mr. Mohsen Al-Shabahi, Deputy General Manager for Banking Affairs, along with Advisor Saleh Awad and Mr. Bassam Madhij, Marketing Manager, opened savings accounts for all 16 participants from this group, depositing an initial sum of 50,000 Yemeni riyals into their accounts as a form of support and encouragement. For his part, Nasr Nasser Al-Saqqaf, head of the Association for the Physically Disabled, praised the National Bank of Yemen's support for this group of people with disabilities by opening savings accounts for them and providing a comprehensive explanation of the importance of financial inclusion and the bank's services. He considered this a commendable initiative by the leadership and management of the National Bank of Yemen, demonstrating their concern for people with disabilities.
He called on all banks and financial institutions operating in Yemen to provide further support to people with disabilities, following the example set by the National Bank of Yemen.
To celebrate Arab Financial Inclusion Day, the National Bank of Yemen (NBY) Head Office in Aden launched a financial inclusion awareness campaign on its official website, www.nbyemen.com, from April 24-27, 2024. The campaign, themed "Towards Encouraging Savings to Enhance Financial Inclusion," was also conducted through the bank's branches across the country. The campaign aimed to raise financial awareness among all segments of society, educate and train children and youth on the importance of saving, and educate the public on financial management and inclusion. It sought to instill sound and purposeful concepts to achieve the campaign's goal of encouraging saving and promoting financial inclusion in society. The goal was to cultivate a financially responsible generation, foster creativity and initiative, and create livelihoods and employment opportunities. The NBY's plan included various initiatives, such as launching a series of cultural and financial events to raise banking awareness among individuals, encourage a culture of saving, investment, and personal financial planning, and develop financial skills among people with disabilities and youth. The elderly, women, as well as the segment of employees among them, and also small business owners, are among those with serious aspirations for a better future that promises goodness and growth.
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