Al-Amal Microfinance Bank (AMB)

Overview

Al-Amal Microfinance Bank (AMB) is the first Microfinance bank in Yemen and MENA region. It was established under the Yemeni Law (23) of 2002, and is regulated and supervised by the Central Bank of Yemen.
AMB is a Nondividend financial institution. It seeks to provide sustainable financial services to impoverished groups in Yemen, including low and limited income people, with particular emphasis on SME entrepreneurs. The Bank serves these groups by providing comprehensive financial services meeting their needs: Loans, saving, insurance, internal and external transfers, currency exchange and cash transfers.


NO Comment 25th October 2022

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