Total deposits at Bank Audi Syria reached SYP 13.45 billion (USD 263 million) at the end of 2006 according to the annual statements of the bank while the lending portfolio stood at SYP 4.85 billion.
The General Assembly of the Syrian Federation of Insurance Companies (SFIC) elected its first board of directors on February 18.
The Industrial Bank of Syria has gained some breathing space and will be on the offensive again this year, according to Anis Al-Maaraoui, Director General of the Bank.
The Middle East and North Africa Financial Action Task Force has released the evaluation report on Syria’s efforts to combat money laundering and the financing of terrorism.
Insurance premiums collected by the private insurance companies operating in Syria stood at between SYP 400 million and SYP 500 million (USD 7.8 million -9.8million) in 2006 according to the head of the Syrian Insurance Supervisory Commission (SISC), A...
Syria and Romania have reached a deal on the settlement of the debt owed by Syria to the former Soviet-block country
Cham Bank, the country’s first Islamic Bank, held its founding general assembly on January 16
Arab Orient Insurance Company Syria (AOICS) should launch its operations in the coming few weeks, becoming the sixth insurance company active in the market, according to Tayssir Al-Akesh its general manager
Banque Libano-Française, Lebanon’s sixth largest bank in terms of assets, is planning to start operations in Syria before the end of the year, according to Walid Raphael, deputy general manager
Almost two years after it was set-up by the European Investment Bank the SME fund unit has managed to disburse only a third of its EUR 40 million credit line.
Cham Bank, the first Islamic bank to operate in Syria, has completed its initial public offering.
Deposits at the Popular Credit Bank, one of Syria six state owned banks grew significantly last year
Al Aqeelah has become Syria's first takaful insurance firm after the Government granted it a formal license to operate in the Syrian market.
The Arab Orient (Mashreq) Insurance Company-Syria (Mashreq) announced that it will start offering its services at the start of 2007.
Damascus International Fairground
City View 2011 - Aleppo
Sheraton Hotel Aleppo