VTB (5)

02-05-2017

In this 2,500-word factsheet, we provide an overview of Syria’s economic and financial relations with Russia.

13-09-2016

Data from Wikileaks have confirmed that the Central Bank of Syria has deposited significant amounts of its foreign assets in the Russian banking system.

04-06-2012

Mohammad Jleilati, the Minister of Finance, has said that his government was finalising discussions with Russia to print money there, a move that signals a potentially growing economic dependency of the Syrian government towards Moscow.

27-02-2012

The European Union imposed today new sanctions on Syria including a freeze of the assets of the Central Bank and a ban on cargo flights.

05-12-2011

The Central Bank of Syria has opened bank accounts with three Russian financial institutions, according to press reports.