Syrianair will take delivery in April of two French-made ATR planes, the first planes the national carrier is acquiring in some fifteen years.

Bab Rizq Jameel for Microfinance has been licensed as the country’s second micro-finance institution by the Central Bank of Syria.

The Central Bank of Syria (CB) has licensed a new money exchange firm and a new bureau.

The Central Bank of Syria has licensed six new foreign exchange bureaus.

The Syrian Government has approved a draft text requiring local private commercial banks to increase their minimum share capital to SYP 10 billion, or some USD 217 million.

The Central Bank of Syria has licensed two new foreign exchange bureaus and cancelled the licensed granted to a third one.

The Central Bank of Syria has licensed two new foreign exchange bureaus and cancelled the licensed granted to a third one.

The Ministry of Finance has deposited SYP 1 billion (some USD 20.8 million) in the account of the Agricultural Support Fund opened at the Agricultural Cooperative Bank.

Profits at the Commercial Bank of Syria stood at SYP 40 billion in 2008, according to its Managing Director, Dureid Dergham.

The International Bank for Trade and Finance (IBTF) is increasing its capital to SYP 5 billion to raise its capital adequacy ratio and finance its expansion.

The Central Bank of Syria has licensed two new money exchange firms.

The global financial crisis is making access to capital more difficult for Syrian corporations, according to Louay Habbal, Managing Director of Pioneers Syria.

Pioneers Syria is to manage IPOs and capital increases of at least six companies in the coming few months.

The Arab Monetary Fund is providing a loan of USD 45 million to support the structural reform of Syria's banking and financial sector.

The Central Bank of Syria has granted a license to two new money exchange firms.

The Central Bank of Syria has loosened its restrictions on foreign currency transfers by allowing Syrians travelling abroad to withdraw the equivalent of up to USD 10,000 from their Syrian Pound accounts.

The International Finance Corporation, a subsidiary of the World Bank, is among the founding shareholders of Nour Islamic Bank, an institution under establishment in Syria.

The Industrial Bank of Syria has changed the rates it pays its clients on deposit accounts following the decision by the Central Bank giving local banks more flexibility.