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Tadhamon the Leading bank in Yemen

Wednesday, 11 November, 2009

Tadhamon international Islamic bank has been estimated by “economy and businesses” Arab Magazine as the largest in Yemen in light of financial indicators realized in the year 2008, and the bank’s market value of capital employed for the first half of current year 2009.

In its latest analytical study for the Arab banks’ position in wake of global financial crisis, the Magazine has highlighted how Tadhamon has managed to spur up 57 % capital increment and thus to come the first amid other Arab Banks in this step , according to Arab Banks financial statements analysis for years 2007-2008 .
It has been stated that Tadhamon International Islamic bank has stepped up 11 ranks in the list of top 150 Arab banks , with its total assets estimated at 1387 million dollars , a growth rate of 58.57 % in owners equity to reach 131 million and 138 thousand dollars , and realized returns of 9.254 million dollars .
The Study says Tadhamon international Islamic bank has leaped up to 119 rank in the list of banks’ assets and to 120 rank in the list of revenues on average assets.

 

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