Bank Audi Syria (189)

07-04-2021

The main index of the Syrian stock exchange climbed 3.5 percent last month with the sale of shares in Bank Audi Syria accounting for 85 percent of the entire value of stocks traded.

03-02-2021

Banque Bemo Saudi Fransi SA, Syria’s largest private conventional bank, has been granted a licence to launch a microfinance project with a prominent forex trader believed to be affiliated with influential Lebanese and Syrian business figures.

06-01-2021

Lebanon’s Bank Audi will sell all shares of its Syrian subsidiary to Banque Bemo Saudi Fransi and quit the country, in the latest reversal to Syria’s pre-war economic liberalisation.

02-12-2020

Syria’s main stock market indexes recovered slightly in November after falling to their lowest level in almost two years the previous month.

25-11-2020

This list of tables provides data on the main indicators of Syrian private sector banks as of June 30, 2020.

25-11-2020

Two private Syrian banks owned partially by foreign investors have taken steps to rebrand, in a move to reduce the risk for foreign shareholders a few months after the enactment of the Caesar Act.

11-11-2020

ATMs are once again partially operating in Syria after new payment companies affiliated with the regime were established, about five months after the sudden withdrawal of the main ATM operator from the market.

04-11-2020

The value of shares traded in the Damascus Securities Exchange last month fell to its lowest level in over two years.

08-07-2020

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.

08-07-2020
This list of tables provides data on the main indicators of Syrian private sector banks as of December 31, 2019.

24-06-2020

The table below lists 68 companies known to be affiliated with Rami Makhlouf.

10-06-2020

The Syrian currency collapsed last week, crossing both the 2,000 and 3,000 pound-per-dollar thresholds within a few days and creating panic in the market. The consequences on living conditions in Syria will be dramatic.

20-05-2020

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

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.

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).

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.

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.

17-12-2018

Fransabank Syria has announced the resignation of its Lebanese chairman, confirming the dissociation policy adopted by Lebanese banks operating in the country.

25-09-2018

Providing guarantees for loans to SMEs and microfinance projects

17-09-2018

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

07-08-2018

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

24-07-2018

Syrian banks are expanding again their branch network as they seek to capitalize on the improving security situation across the country.

02-07-2018

The main index of Syria’s stock exchange remained unchanged last month as trading volumes declined significantly.

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.

22-01-2018

Byblos Bank Syria has announced the appointment of a new general manager.

03-10-2017

The Damascus Securities Exchange attracted again investors last month on the back of the rapid advances of regime forces in the east of the country, after months of relative stagnation.

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

This list of tables provides data on the main indicators of Syrian banks in 2016.

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.

06-12-2016

For the third month in a row, trading activity at the Damascus Securities Exchange remained extremely limited in November.

01-11-2016

Bank Audi, Lebanon’s largest banking grouping, has announced that it has written-off its investment in Syria and that its representatives in the bank’s board of directors have resigned.

26-07-2016

Bank Audi, Lebanon’s largest commercial bank, is changing the commercial name of it Syrian affiliate in an apparent bid to distance itself from the Syrian market.

04-07-2016

The volume and value of shares traded in the first half of this year in the Damascus Securities Exchange more than doubled compared to the same period of 2015.

05-04-2016

Updated on August 15, 2016: The first quarter of 2016 has seen a return of investors to the Damascus Securities Exchange, although in real terms the price of stocks and the trading value remain well below their pre-uprising levels.

01-03-2016

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

02-02-2016

The value of the shares traded during the first month of the year in the Damascus Securities Exchange almost doubled from December.

27-11-2015

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

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.

13-07-2015

The annual shareholders meetings of Syria’s commercial banks have seen some changes in their management and boards.

25-06-2015

A large transaction on shares of Bank Audi Syria has helped lift the overall value of trading in the Syrian bourse.

07-01-2015

Bank Audi Syria has announced that its branch in the city of Deir-ez-Zor had been robbed.

19-05-2014

Bank Audi Syria has announced the appointment of a new Chief Executive Officer.

19-05-2014

Bank Audi Syria has announced the appointment of a new Chief Executive Officer.

21-04-2014

Trading activity continues to decline in the Syrian stock exchange where only a handful of transactions are now occurring every week.

31-03-2014

Byblos Bank Sal, the Lebanese mother company of Byblos Bank Syria, is increasing its stake in its Syrian affiliate.