http://www.english.hadhramaut.info CAC Bank to support Somali exchange sector [The Source: SANA'A/hadhramaut.info/sabanews.net - 08/10/2010] Board Chairman of the Cooperative and Agricultural Credit Bank (CAC Bank) Hafiz Miyad met on Friday with President of the Somali Puntland State Abdirahman Mohamed Faroole and acquainted him with the bank exchange services During the meeting, Faroole praised the pioneering role of CAC Bank and its achievements in coping with the local and international exchange developments. The two sides discussed means of reinforcing the bilateral cooperation between the two countries in the exchange and agriculture fields as well as the role to be played by the bank in supporting the Somali exchange sector. The meeting dealt with the possibility of Yemen, represented by the CAC Bank, to support fisheries infrastructure and exchange sector in Somalia. They agreed on exchanging experience of the CAC Bank in the exchange sector to support the Somali exchange sector and study possibilities of opening a branch for the bank in Somalia in order to contribute to improving Somali exchange activities as there are no local commercial banks in the country..