You are subscribed to Counterterrorism for U.S. Department of State. This information has recently been updated, and is now available. Sanctioning International Bank of Yemen for Supporting the Houthis 04/17/2025 10:37 AM EDT Tammy Bruce, Department Spokesperson HomeOffice of the SpokespersonPress Releases…Sanctioning International Bank of Yemen for Supporting the Houthis hide Sanctioning International Bank of Yemen for Supporting the Houthis Press Statement April 17, 2025 Today, the United States is sanctioning the International Bank of Yemen Y.S.C (IBY) for its financial support to the Houthis, as well as key leaders or officials of IBY:  Kamal Hussain Al Jebry, Ahmed Thabit Noman Al-Absi, and Abdulkader Ali Bazara.  This action is part of a broader U.S. government effort to prevent Iran-backed Houthi attacks on commercial shipping in the Red Sea and protect these critical waterways for global commerce. The United States is committed to disrupting Houthi financial networks and banking access as part of our whole-of-government approach to eliminating Iran's threat network.  We are committed to supporting the internationally recognized government of Yemen's efforts to ensure the country's banking sector remains insulated from Houthi influence.   Today's action was taken pursuant to the counterterrorism authority, Executive Order (E.O.) 13224, as amended.  The U.S. Department of State designated Ansarallah as a Specially Designated Global Terrorist (SDGT) pursuant to E.O. 13224, as amended, effective February 16, 2024.  On March 4, 2025, the Department of State announced the Re-designation of Ansarallah as a Foreign Terrorist Organization pursuant to section 219 of the Immigration and Nationality Act, as amended.  For more information, please refer to Treasury's Press Release. Tags Bureau of Near Eastern Affairs Countering Terrorism Division for Counter Threat Finance and Sanctions Office of the Spokesperson Sanctions and Designations Yemen Stay connected with the State Department:   External links found in this content or on Department of State websites that go to other non-Department websites should not be construed as an endorsement of the views or privacy policies contained therein.  Update your subscriptions, modify your password or email address, or stop subscriptions at any time on your Subscriber Preferences Page. You will need to use your email address to log in. If you have questions or problems with the subscription service, please visit subscriberhelp.govdelivery.com. This email was sent to caterresearch9.news@blogger.com using GovDelivery Communications Cloud on behalf of: U.S. Department of State · 2201 C Street NW · Washington, DC 20520