Assets of Bank of Syria and Overseas, the country’s second largest private bank, rose to SYP 62.54 billion (USD 1.30 billion) at the end of last year, according to audited financial statements.
The Central Bank of Syria has licensed one new foreign exchange dealer, putting the total number of money dealers operating in Syria at 8.
Insurance premiums reached SYP 9.29 billion (USD 193.5 million) last year, according to the Syrian Insurance Supervisory Commission (SISC).
The assets of Syria Gulf Bank reached SYP 4.72 billion (USD 98 million) at the end of last year, according to the audited statements of the Bank.
Syria and Overseas Financial Services (SOFS) has received a preliminary license to set-up a brokerage firm.
The Syrian Commission on Financial Markets and Securities (SCFMS) has given a final approval for the establishment of Bemo Saudi Fransi Finance.
IFA-MAG, one of the financial intermediary firms under license has changed its name to IFA Financial Services (IFA-FS) and brought down its capital to SYP 100 million.
Al-Sahm for Investment & Brokerage (Shareco), a new brokerage house, has received a preliminary license to start operations in Syria.
Private Banks held over a third of all private sector deposits at the end of 2007, according to Adib Mayaleh, Governor of the Central Bank of Syria.
Bank of Jordan-Syria is organizing an Initial Public Offer (IPO) for 33.68 percent of its shares between March 16 and April 15.
Arope Syria announced profits of SYP 4.59 million in 2007, its first full year of operations.
Al-Saqer Al-Arabi (The Arab Falcon), a new brokerage house, has received a preliminary license to start operations in Syria from the Syrian Commission on Financial Markets and Securities (SCFMS).
Several new individuals have been named by PM Naji Al-Otri to chair the Board of Directors of the six state-owned banks and of the Syrian Insurance Company.
Bank Audi Syria has announced a record 105 percent annual increase in its balance sheet at the end of 2007.
The Central Bank of Syria has allowed investors to receive loans in foreign currencies from local banks.
Syrian Medicare 2011
Damascus International Fairground
City View 2011 - Aleppo
Sheraton Hotel Aleppo