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Frequently
Asked Questions
1)What
is the interest that the Bank claims on personal
loans?
- 19 %
2)How
long is the personal loan?
- The long term for a personal loan is 3 years.
3) What
are the required guarantees the Bank demands?
- The transfer of the borrower's salary to
the Bank
- The transfer of two of his workmates'
salaries to the Bank.
4) What
is the minimum amount to open a savings account?
- There is no minimum amount.
5) How
much does the Bank pay for the savings account?
- 10%
6)What
are the cards issued by the Bank?
- Visa Card and Master Card
7)What
are the foreign currencies the Banks accepts to
open an account for?
- All foreign currencies.
8)Does
the Bank have express remittances?
- Yes. The Banks provides Money Gram
service.
9)Does
the Bank accept remittances sent to residents in
Yemen?
- Yes.
10)What
are the major services provided by the Bank to
depositors?
- Opening bank accounts in all currencies.
- Safe deposit box in some branches.
11)Does
the Bank grant letters of credit?
-
Yes.
12)What
are the working hours?
- Main Branch and Taiz St Branch
From 8:00 am to 8:00 pm during the
workdays
From 8:00 am to 1:00 pm on Thursday
- Other branches
From 8:00 am to 1:30 pm and
from 5:00 am to 6:30 pm during the workdays
From 8:30 am to 12 pm on
Thursday
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