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Al-Amal Bank to be established in Yemen.

Asia Africa Intelligence Wire

| December 27, 2001 | COPYRIGHT 2003 Financial Times Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

A senior Yemeni government official revealed that the government is preparing for the launch of the Al-Amal Bank. The new bank will specialize in providing small loans to the low-income class of society, reported Al-Hayat . The Yemeni Undersecretary of Labor and Social Affairs, Ali Saleh Abdullah, said that the new bank will provide ordinary banking services in addition to financial …

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