Credit Facilities

Credit Facilities to Companies and Corporates

IBY is one of the leading banks in Yemen that supports all economic sectors; it is the first contributor to support institutions and cooperates by various products selected carefully to suit all economic sectors including

Allows customers of institutions and cooperates to draw beyond your credited balance


Is a cost-effective way of credit facilities that allows customers of institutions and cooperates to draw beyond your credited balance, and up to a certain ceiling that is determined by your financial position and needs. The benefits of this account are:

  • Possibility of withdrawal/ deposit for purposes specified .
  • Providing customer claque book for withdrawal purposes.
  • The interest is charged on the amount overdrawn, registered at the end of the

Commercial Loan

The commercial loan is one-time loan granted to clients, typically for specific purposes. The loan is repaid in monthly, quarterly, semi-annual, or annual installments as agreed upon with the customer. It ends once repaid in full.


  1. Loan value is consistent with the needs and size of the business.
  2. Convenient monthly installments consistent with the size of your cash flow.
  3. Interest rates on outstanding overdrawn balance.

Bank Guarantees

Bank guarantee is a type of contract issued by the bank, for certain beneficiaries, upon the clients’ request, who have entered a contract to purchase goods for supplier and promises to meet any financial obligations to the supplier in the event of default. Guarantees include those for participating in a tender as well as guarantees for performance, and customs, etc. The guarantee entails payment a certain amount to the order of the beneficiary if the guaranteed party does not abide by the purpose specified in the guarantee within a period that ends upon the expiry of the guarantee.

Letter of Credit

A letter issued by the bank to external exporters upon its importing clients to serve as guarantee for payments upon receiving the goods according to the specifications. There two types of these letters: Sight and Deferred Payments.

Bills receivable

They are promissory notes or drafts that are issued by an exporter (called the Withdrawer) to the exporter (Withdrawn from) to pay certain amount to the exporter or to any other party at sight or specified date. The amount of the draft represents the value of a commercial deal in addition to transportation expenses, or any other agreed up arrangements. These bills are prepared alongside with other documents upon shipment, and are divided to two types: Bill with Bank Guarantee or without Bank Guarantee according to the exporter’s request.

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Credit Facilities

Credit Facilities to Companies and Corporates

Money Transfer

Transfers in safest and easiest way possible

Frequently Asked Questions

The Supreme Administration of the bank established a new department called Al-hodhod particular to take care of our customers abroad.
You may contact us on
Land phone: 01-407000
Cell: 735888444

  • Fast Transferring from/to your bank accounts.
  • Free ATM card.
  • Easy Access to the accounts via free electronic Banking Service.
  • The interest can be counted based on a minimum credit through a month; its entry will be every six months (semiannual) to the account.
  • 24-hour ability to deposit/ withdraw your money via Bank ATMs over all areas in Yemen.
  • Free periodically account statement.
  • E-banking Service.
  • Free SMS regarding to account turnover issued upon request of the customer.
  • 24-Hour free online E-banking Service.

Deposit accounts either are available for all customers' retails, institutions, or businesspersons. They all can get benefit of investing their money with high competitive interests for different periods of links up to one year. They can open accounts in either local currency or foreign currencies.

Getting a free Visa Electron card.

  • Take advantage of online services 'Messaging Bank', 'the phone Bank'.
  • Get what you need from loans and advances to meet your needs with exclusive conditions. Free Balance and financial movements executed on your account by signing up for the service SMS is free of charge.
  • Free SMS

As far as you open an account, you get free ATM card.

Free phone number via CDM: 800600 or GSM: 6000

Available for all customer inquiries through phone bank service 24 hours-7 days.

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