Amman, February 17 (Petra) – Director General of the Cities and Villages Development Bank, Mohammad Harahsheh, met with a delegation from Yemen's CAC Bank to discuss cooperation, particularly in local development and sustainable financing.

During the meeting held on Monday, Harahsheh emphasized the bank's commitment to exchanging expertise with regional financial institutions. He highlighted the significance of building strategic partnerships that support sustainable development and promote green financing at local and international levels.

He also noted the potential for CAC Bank to benefit from the Cities and Villages Development Bank's expertise in local development and sustainable financing.

Harahsheh suggested exploring opportunities to transfer the bank's experience in adopting the Green Climate Fund, which could enhance CAC Bank's capabilities in financing and implementing environmental and sustainable development projects.

The CAC Bank delegation, headed by Acting Chairman of the Board of Directors Hashed Hamdani and Assistant Deputy CEO for the Agricultural, Fisheries, and Sustainable Development Sector Abdo Mohsen Mohammed, praised the Cities and Villages Development Bank's experience in achieving accreditation with the Green Climate Fund. They expressed their interest in leveraging this pioneering experience to finance climate and sustainable development projects in Yemen and to strengthen joint cooperation between the two institutions.

//Petra// AJ

17/02/2025 13:45:23