The Central Bank of Syria has provided data on the performance of the banking sector as a whole, including that of state-owned banks.
All the main indicators of the Damascus Securities Exchange posted negative growth during the third quarter of this year.
The Central Bank of Syria has repaid certificates of deposits maturing on September 23.
The Central Bank of Syria allowed local banks to resume lending facilities to their clients on September 08 after a suspension of three months.
A fund supporting economic activity in the north and northeast parts of Syria has announced its first micro-finance service.
UPDATED on September 09, 2020: A Kuwaiti-listed company is divesting from a leading Syrian bank, reportedly to the benefit of the rising Ibrahim family.
August saw a new decline in the Syrian stock market’s main indexes, while one of the oldest brokerage firms in the market announced that it was suspending its activities.
The Central Bank of Syria has raised SYP 150 billion by issuing treasury bonds through an auction held on August 10. However, the number of banks that subscribed to the issue was the lowest since the country started issuing treasury securities.
Prices and trading volumes fell in the Damascus Securities Exchange last month as Syriatel was removed from one of the exchange’s two indices.
UPDATED on July 30, 2020: Following the closure of Rami Makhlouf’s microfinance bank, Asma Al-Assad is expanding the size and geographic presence of her financial institution.
The Central Bank of Syria has announced that it plans to issue new treasury bonds, confirming that government securities have become a primary tool for raising cash.
Starting August 01, Syrians wishing to return home will have to sell USD 100 at the official exchange rate at the country’s border crossings before they can enter their country.
The two main indices of the Damascus Securities Exchange increased by about 30 percent in the first half of this year, lower than the estimated inflation rate.
The Syrian pound’s freefall and its replacement with the Turkish lira in the Idlib governorate has revealed the extent of the hard-line Islamist group Hayat Tahrir al-Sham’s control over the financial sector in the northwest of the country. An emerging group of financial companies linked to HTS now control a large portion of the cash circulating in Idlib, financial and political sources told The Syria Report.
The Central Bank of Syria has raised SYP 74.3 billion from its latest certificates of deposit issue, while some banks are restricting access to cash.


EDU 2011 Damascus
Kiwan Land
Syrian Medicare 2011
Damascus International Fairground