Yemen and Bahrain Universal Bank


The representative of Yemen and Bahrain Comprehensive Bank, Mr. Ibrahim Mohammed Al-Naqib, Deputy General Manager of Operations, spoke about the long-standing relationship with YemenSoft, noting that the partnership began years ago in the field of Al-Shamel Express, and indicated that this cooperation has resulted in tangible successes despite the challenges faced by the banking market, such as the scarcity of cash liquidity.
In 2020, innovative solutions were sought, as the bank moved towards developing the e-wallet and e-payments, from which it launched with YemenSoft to launch the Shamil Money product, which was developed with precision and high quality in accordance with the plans set, this product shows the bank’s ability to innovate and meet the needs of customers by providing advanced financial services, and indicates the bank’s commitment to providing competitive financial solutions.
He also highlighted that the choice of YemenSoft came after a careful evaluation of several companies, as YemenSoft proved its ability to provide effective solutions in the changing Yemeni market. He explained that the bank started looking for external companies to provide technological solutions, but after evaluating the challenges that these companies faced in the Yemeni market, the decision was made to rely on YemenSoft, and this approach reflects the importance of understanding the local market and its needs, which makes the solutions provided more appropriate and effective.

 

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