The International Union of Arab Bankers granted the Cooperative and Agricultural Credit Bank "CAC Bank", the award of the fastest developing and growing bank in Yemen for the year 2023 for the gold category of considered Arab banks, after it excelling all banking standards and met the conditions for winning the award.

Mr. Hashid Al-Hammadani, Acting Chairman of the Board of Directors and CEO of CAC Bank, received the shield of honor from the Chairman of the Board of Directors of the Union of Arab Banks, Mr. Mohammed Al-Etribi

Dr. Wissam Hassan Fattouh, Secretary-General of the International Union of Arab Bankers, on the sidelines of the honoring ceremony witnessed tonight in Istanbul, and in the presence of His Excellency the Yemeni Ambassador to Turkey, Mohammed Saleh Road, an elite of Arab banking leaders, heads and representatives of many well-known Yemeni banks and newly affiliated with the Yemeni banking sector.

The CEO of CAC Bank expressed his happiness with this honor, which comes in continuation of the series of banking successes achieved by the bank, after it was recently awarded the Social Responsibility Award as the first bank in Yemen, the region and North Africa. He also stressed that CAC Bank's entitlement to the World Union of Arab Bankers Award as a bank is "the fastest developing and growing in Yemen for the current year 2023," increasing the burden of responsibility placed on the bank and its leadership and all the qualitative banking cadres affiliated with it, and makes everyone feel the growing responsibilities and duties towards serving the bank's customers as they are the capital and the main partner in what the bank achieves successively.

The Acting Chairman of the Board of Directors and CEO of CAC Bank offered congratulations to all employees of the bank for this new honor, which is added to the treasury of his bank leadership and the balance of each employee in it, wishing to be a motivation for everyone to do more and more efforts towards the continuous upgrading and reaching banking satisfaction of the bank's wider public base in the country.

The honoring ceremony was attended by Shakib Alioh, Executive Vice Chairman of the Support Services Sector.