Al-Baraka Bank (105)

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.

01-11-2016

The value of the shares traded last month in the Damascus Securities Exchange fell to its lowest level since the beginning of the year.

03-05-2016

The value of trading and of the main market index of the Damascus Securities Exchange continued to increase markedly in April.

08-03-2016

In dollar terms, the assets of Syria’s private sector banks declined by 25 percent on annual basis last year.

01-03-2016

February saw an increasing interest by Syrian investors in the Damascus Securities Exchange.

02-02-2016

Years after most of its counterparts, one of Europe’s largest commercial banks has just decided to stop all relations with Syria’s banking sector.

14-12-2015

The value of trading in the Syrian bourse last week was slightly above 5 million pounds, which at the current exchange rate is equivalent to some USD 13,000.

27-11-2015

The value of trading in the Damascus Securities Exchange remained stable this week.

29-10-2015

Syria’s stock market index, the DWX, fell in each of this week’s four sessions to close at 1,214.95.

19-10-2015

Syria’s stock market index crossed the 1,200 level again in a week that saw only two trading sessions.

19-10-2015

The assets of Syria’s private commercial banks increased 17 percent in the first half of this year in Syrian Pound terms.

05-10-2015

The DWX remained unchanged last week amid low trading values.

21-09-2015

Syria’s main stock market index fell below the 1,200 mark for the first time since mid-July.

11-09-2015

Only a quarter of the listed stocks in the Damascus Securities Exchange were traded this week.

17-08-2015

Only SYP 7.3 million worth of stocks were traded in the Damascus Securities Exchange last week.

27-07-2015

Syria’s stock market index gained more than one percent last week amid low trading volumes.

20-07-2015

Last week, Syria’s stock index closed above the 1,200 level for the first time in more than a month, while the value of trading was among the lowest on record.

06-07-2015

In the absence of large transactions, the volume of activity at the Syrian stock exchange returned to the lows of the past weeks.