Most of Yemen's commercial banks have ceased all activities and many employees have been laid off, due to the deteriorating situation in the country. Several bank owners complained of large cash withdrawals which may prevent banks from continuing to conduct their daily business activities.
Dr. Munir Aeriqi, former President of a Yemeni government bank, said that ?all commercial banks have been negatively affected by the deteriorating economic, political and security situation experienced by the country since the beginning of February.?
� 2011 Al Bawaba (www.albawaba.com)
Source: http://www.albawaba.com/main-headlines/banking-activities-almost-ceased-yemen-383151
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