Al-Baraka Bank (122)

10-06-2020

The Central Bank of Syria is issuing new certificates of deposit to raise cash on behalf of the government.

03-06-2020

Stock prices and volumes jumped in May and the stock exchange announced the suspension of the Syriatel stock.

20-05-2020

Syrian banks are raising their capital to meet regulatory requirements after a decision banned them from paying dividends.

06-05-2020

April was the first full month during which Coronavirus-related restrictions were implemented in the Damascus Securities Exchange.

01-04-2020

Share prices in the Damascus Securities Exchange were impacted last month by the spread of the Coronavirus, with trading reduced to one day per week.

11-03-2020

The combined assets of Syrian private sector banks increased last year, but this was the result of the growth in the assets of a single bank. Rising inflation also means that in real terms assets declined.

04-03-2020

The two indices of the Damascus Securities Exchange made significant gains last month after the country’s two largest banks posted positive performances in 2019.

08-01-2020

The year 2019 came to a disappointing close for the Damascus Securities Exchange, which saw its main index decline for the first time in four years.

04-12-2019

Syria’s two stock exchange indices declined last month, reflecting investors’ negative perceptions of the economy’s prospects.

20-11-2019
This list of tables provides data on the main indicators of Syrian private sector banks as of June 30, 2019.

20-11-2019

The assets of Syria’s private sector banking industry increased by 9.8 percent over the course of the first six months of this year but decreased in dollar terms due to the depreciation of the Syrian pound.

02-10-2019

The two indices of the Damascus Securities Exchange have posted their strongest monthly decline in years, a particularly significant change given the relatively large volume of trading.

03-09-2019

Trading was dull at the Damascus Securities Exchange last month and not much seemed able to bring interest back into the market.

31-07-2019

The Syrian bourse’s two indices, the DWX and DLX, took opposite directions last month as trading volumes increased.

24-07-2019

This table lists all Syrian public joint-stock companies active as of July 2019 with the value of their capital (in million SYP).

03-07-2019

Syrian private sector banks are expanding their branch network across the country.

02-07-2019

The Syrian stock exchange’s main index shed almost four percent in the first six months of this year as it continues to fail at attracting meaningful interest.

04-06-2019

Syria’s two main stock indexes declined in May for the second month in a row.

06-05-2019

The Syrian stock exchange’s two main indexes fell last month amid low trading volumes.

03-04-2019

The market price of Syria’s most prominent stocks increased significantly last month.

12-03-2019

The Damascus Securities Exchange has issued a new index that is supposed to better represent trading activity in the exchange.

06-03-2019

The Syrian stock exchange’s main index gained 2.26 percent last month amid low trading volumes and as interest in the Syriatel stock seems to have quickly faded.

27-02-2019

The relatively stable situation in most of Syria has reflected positively on the performance of Syrian banks, which have broadly reported an improvement in their financial results last year.

06-02-2019

In a month marked by the listing of Syriatel, almost all stocks that were traded in relatively important volumes in the Damascus Securities Exchange fell.

22-01-2019

Samer Foz has bought an additional stake in Syria’s Islamic lender of which he has become the second largest shareholder.

08-01-2019

The DWX closed 2018 with a small decline as the Syrian stock exchange mostly failed to live to its expectations last year.

08-01-2019

Only weeks after buying a sizable stake in one of Syria’s largest banks, Samer Foz has invested in another Sharia-compliant financial institution.

24-12-2018

Several companies from the UAE are looking again at the Syrian market and sending delegations to Damascus.

03-12-2018

Interest in Syria’s securities exchange declined further last month, while two stocks alone attracted more than half of the limited trading.

05-11-2018

The Damascus Securities Exchange continued to attract very few investors in October as the daily value of shares traded did not cross the equivalent of USD 182,000.

02-10-2018

The main index of the Damascus Securities Exchange gained slightly last month as the number and value of transactions also increased.

18-09-2018

Syrian private sector banks continued to post a modest increase in their main indicators in the first half of this year, as Islamic lenders now represent almost 40 percent of the sector.

17-09-2018

This list of tables provides data on the main indicators of Syrian private sector banks as of June 30, 2018.

04-09-2018

The DWX gained some 9.63 percent last month, its highest monthly increase since the beginning of the year, mostly thanks to the rise in the price of a single stock.

07-08-2018

The main index of the Damascus Securities Exchange declined again last month to close at 5,528.66.

19-06-2018

The assets, credits and deposits at the 14 private sector banks in Syria. 

19-06-2018

The operating income and profits of Syria's 14 private sector banks in 2017. All numbers are in million Syrian pounds.

19-06-2018

The balance sheets and income statements of Syrian banks show an improvement in their performance last year.

05-03-2018

Syria’s main stock market index gained again last month amid rising trading volumes.

30-01-2018

A Kuwaiti-based company has announced the purchase of a plot of land outside Damascus, in a very rare case of an investment by a Gulf company in Syria since 2011.

02-01-2018

The Damascus Securities Exchange ended 2017 on a high note with investors making positive returns for the first time since 2010.

31-10-2017

The Damascus Securities Exchange's main index posted in October its second largest monthly increase since the beginning of 2017.

29-08-2017

The relative stable situation in vast parts of western Syria have enabled private commercial banks in the first half of this year to post a slight improvement in their main indicators.

29-08-2017

This list of tables provides data on the main indicators of Syrian private sector banks as of June 30, 2017.

21-07-2017

Updated on July 21, 2017: Syria’s private commercial banks, which saw last year their assets fall to a fraction of what they were in 2010 and now barely breakeven, are unable to finance any meaningful reconstruction drive.

28-03-2017

Banque Bemo Saudi Fransi has entered talks to buy a controlling stake in Syria Gulf Bank, in the first such consolidation move since the liberalisation of Syria’s banking sector in 2004.

21-02-2017

Following in the steps of two of its competitors, BLOM Bank, Lebanon’s second largest bank by the size of its assets, has deconsolidated its operations in Syria.

03-01-2017

The main indicators of the Damascus Securities Exchange witnessed an overall positive performance last year when measured on a nominal basis, although the Syrian bourse remains largely disconnected from the economy at large.

01-11-2016

Al-Baraka Bank Syria, an Islamic lender and one of the newest comers to the Syrian banking sector, saw its assets jump 50 percent in the first half of this year.