On Tuesday evening, the Cooperative and Agricultural Credit Bank “CAC Bank” held a course on combating money laundering and terrorist financing for a number of customer service employees and liaison officers, in the General Administration Building in Al-Mualla, Aden. It was also broadcast via the Zoom program to all the bank’s branches in all liberated areas, and was presented by the specialist in Anti-Money Laundering and International Sanctions Osama Omar Ali. 

 This session is held under the auspices of the Acting Chairman and Chief Executive Officer, Mr. Hashid Al-Hamdani, who believes that in light of the rapid economic changes, confronting money laundering and terrorist financing crimes has become an imperative necessity for all financial and economic institutions, and that combating these crimes does not only protect institutions from...  Legal and financial risks, but also contribute to maintaining the stability of the global financial system. 

 The Anti-Money Laundering and Terrorism Financing course is an extension of a series of courses held by the bank to provide the bank’s employees with knowledge and practical skills to understand the methods used in such crimes and how to detect and combat them.