Tadhamon Bank
Founded
1996
Headquarters
Sana'a, Yemen
Ticker
n/a
Sector
Banking
Stock performance
This company has no listed ticker in our data, so there is no price chart.
History
Tadhamon Bank was founded in 1996 under Yemen's Islamic banking law, with the Hayel Saeed Anam group among its main founders, and grew into one of the country's largest banks.
Business model
Tadhamon offers Sharia-compliant retail and corporate banking, including deposits, trade finance for food importers, and personal, housing, and vehicle financing, and has expanded into microfinance and digital payments.
Market position
Tadhamon is one of Yemen's largest private banks.
Country impact
Yemeni banks have been caught in a power struggle between rival central-bank authorities in Sana'a and Aden since 2016, which has split the currency and complicated payments, and banks like Tadhamon are vital for financing the food imports the population depends on.