Supporting Trade Finance in Yemen Amid Uncertainty
February 17, 2026 Policy Briefs
This RYE Policy Brief analyzes the dramatic transformations in Yemen’s trade finance system, focusing on how the fragmentation of the CBY, the wider economic collapse, and escalating de-risking measures by global correspondent banks have paralyzed the Yemeni banking sector’s capacity to finance trade. These factors have disrupted trade flows, raised import costs, and worsened food security.…