YBRD to take part in Djibouti's Industrial, Commercial Bank meeting

SANA'A, Nov. 04 (Saba) - General director of the Yemen Bank for Reconstruction and
Development YBRD Hussein Muhammad Fadhl has headed to Djibouti t o take part in the
meeting of the board of directors of the Industrial and Commercial Bank of Djibouti.

The meeting will take place next Wednesday and will discuss the bank activity over
the last period as well as taking decisions that will contribute to develop the bank
operations.

The YBRD is a founder of the Industrial and Commercial Bank of Djibouti and holds a
stake of 16% in the bank.

The YDRD gets more than YR 100 million annually as net profit from the bank incomes.

The Industrial and Commercial Bank of Djibouti was founded in mid 1970s with a
capital of DJF 2.5 billion.