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Yemen Kuwait Bank For Trade & Investment (Y.S.C) was
established in Sana’a in accordance to presidential council No (58) dated 8th
March,1978.
The bank started its banking operations in 1979.
YKB is considered the first bank to be established by the private sector in
Yemen. Its paid up capital at the inception was (YR 100,000,000.00).
The capital has since then raptly increased and it is now (YR
2,405,000,000).
YKB is considered exceptional due to the regular net profit it generates
annually and also because it fullfiles the capital adequacy standard set by
Central Bank of Yemen.
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