Ahmed Al-Jubaili, branch manager of the Cooperative and Agricultural Credit Bank (CAC Bank) in Shabwa, signed with director of the Yemeni Oil Company branch, Ahmed Muhammad Al-Shami, this morning, a memorandum of understanding to pay the salaries of the employees of the oil company branch through CAC Bank in a procedure that comes within the directives of the Ministry  Finance transfers the salaries of employees of state agencies through a group of government and private banks.



CAC Bank branch manager indicated that this measure comes in implementation of the directives of the Acting Chairman of the Board of Directors and CEO of the bank, Mr. Hashid Al-Hamdani, to the directors of the bank’s departments and branches in the liberated governorates to assist government agencies in completing the transfer of their employees’ salaries through the bank and providing them with the necessary facilities.



 Pointing out: The branch administration is in the process of completing the signing of understandings with all branches of ministries, departments and agencies in the governorate, and is ready to carry out the tasks entrusted to it to the fullest extent.