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Commercial Bank Of Syria
The Commercial Bank of Syria ( ar, المصرف التجاري السوري) is a fully government owned bank in Syria. It is the largest commercial bank in Syria with its headquarters in Damascus. The Commercial Bank accounts for the highest assets share in the banking sector, amounting to 37% of all bank assets at the end of 2017. The bank offers commercial banking services including long-term loans in Syrian pounds, Armored car (valuables), armored car service, and collections services. The bank has dozens of branches and Automated Teller Machine, ATM's throughout Syria. In 1966, the state achieved complete ownership of commercial banking in Syria by merging all existing commercial banks into a single consolidated Commercial Bank of Syria. In 1974, the Commercial Bank incorporated in Lebanon the Syrian-Lebanese Commercial Bank, in which it owns 85%. Until the 2010s, the Commercial Bank was the only bank in Syria allowed to deal with foreign currency, and allowed and able to ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Yusuf Al-Azma Square
Yusuf al-Azma Square ( ar, ساحة يوسف العظمة / ALA-LC: ''sāḥat Yūsuf al-‘Aẓmah''), also called al-Muhafaza Square, is an important square in central Damascus, Syria. Named after the late minister of war Yusuf al-Azma where his statue stands in the middle of the square. The municipality of Damascus is located on the square, along with other official and commercial buildings, including Cham Palace Hotel. See also * Damascus * Yusuf Al-Azmah * Battle of Maysalun Squares in Damascus {{DamascusSY-geo-stub ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Cabinet Of Syria
The Cabinet of Syria (Arabic: مجلس وزراء سوريا, majlis wuzara' suria) or Council of Ministers is the chief executive body of the Syrian Arab Republic. Cabinet in Constitution According to the Constitution of Syria: Appointment, powers and removal Appointment: *Appointed by the President Powers: *Implementing state public policy *Enforcing laws *Supervising government bodies *Passing administrative decisions *Advising the President Removal: *Upon dismissal by the President *Upon submission of resignation to the President *Upon removal or resignation of the President *Upon a vote of no-confidence by the legislature Current cabinet President Bashar al-Assad accepted the entire cabinet's resignation after a meeting on 29 March 2011. Al-Assad then appointed outgoing Prime Minister Muhammad Naji al-Otari to continue as caretaker prime minister until a new government is appointed. On 3 April 2011, Assad appointed Minister of Agriculture Adel Safar the new Prime Minis ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Banks Established In 1967
A bank is a financial institution that accepts deposits from the public and creates a demand deposit while simultaneously making loans. Lending activities can be directly performed by the bank or indirectly through capital markets. Because banks play an important role in financial stability and the economy of a country, most jurisdictions exercise a high degree of regulation over banks. Most countries have institutionalized a system known as fractional reserve banking, under which banks hold liquid assets equal to only a portion of their current liabilities. In addition to other regulations intended to ensure liquidity, banks are generally subject to minimum capital requirements based on an international set of capital standards, the Basel Accords. Banking in its modern sense evolved in the fourteenth century in the prosperous cities of Renaissance Italy but in many ways functioned as a continuation of ideas and concepts of credit and lending that had their roots in the ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Banks Of Syria
A bank is a financial institution that accepts deposits from the public and creates a demand deposit while simultaneously making loans. Lending activities can be directly performed by the bank or indirectly through capital markets. Because banks play an important role in financial stability and the economy of a country, most jurisdictions exercise a high degree of regulation over banks. Most countries have institutionalized a system known as fractional reserve banking, under which banks hold liquid assets equal to only a portion of their current liabilities. In addition to other regulations intended to ensure liquidity, banks are generally subject to minimum capital requirements based on an international set of capital standards, the Basel Accords. Banking in its modern sense evolved in the fourteenth century in the prosperous cities of Renaissance Italy but in many ways functioned as a continuation of ideas and concepts of credit and lending that had their roots in the ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Banque De Syrie Et Du Liban
The Bank of Syria and Lebanon, from 1919 to 1924 ''Banque de Syrie'', from 1924 to 1939 ''Banque de Syrie et du Grand-Liban'', then ''Banque de Syrie et du Liban'' (BSL) from 1939 to 1963, was a French bank that was carved out from the Imperial Ottoman Bank following World War I and granted a central banking role in what would become Syria and Lebanon under French mandate and in the early years of the two countries' independence. The BSL's activities in Syria were nationalized in 1956 following the Suez Crisis. In Lebanon, it was reorganized in 1963 as its central banking functions became the country's central bank, the Banque du Liban, and its commercial activity was continued as the Beirut-incorporated ''Société Nouvelle de la Banque de Syrie et du Liban'' (SNBSL). That bank came under Lebanese ownership in 1987 and was rebranded BSL Bank in 2012. History Background The Ottoman Bank opened a branch in Beirut immediately after its creation in 1856. It was reorganized i ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Syria And Weapons Of Mass Destruction
Syria and weapons of mass destruction deals with the research, manufacture, stockpiling and alleged use by Syria of weapons of mass destruction, which include chemical and nuclear weapons. On 14 September 2013, the United States and Russia announced an agreement for the elimination of Syria's chemical weapon stockpiles by June 2014. In October 2013, the OPCW-UN Joint Mission destroyed all of Syria's declared chemical weapons manufacturing and mixing equipment. Several months later, Syria disclosed that it maintained a ricin chemical weapons program, which the Syrian government claims has fallen into the hands of Syrian Opposition forces in the east of the country. The following month Syria, further disclosed that it had 4 more previously hidden chemical weapons production sites. The Israeli intelligence community believes the Syrian government retains several tons of chemical weapons. Syria sought to develop nuclear weapons with help from North Korea, but its plutonium produc ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Executive Order (United States)
In the United States, an executive order is a directive by the president of the United States that manages operations of the federal government. The legal or constitutional basis for executive orders has multiple sources. Article Two of the United States Constitution gives presidents broad executive and enforcement authority to use their discretion to determine how to enforce the law or to otherwise manage the resources and staff of the executive branch. The ability to make such orders is also based on expressed or implied Acts of Congress that delegate to the president some degree of discretionary power (delegated legislation).John Contrubis, '' Executive Orders and Proclamations'', CRS Report for Congress #95-722A, March 9, 1999, Pp. 1-2 The vast majority of executive orders are proposed by federal agencies before being issued by the president. Like both legislative statutes and the regulations promulgated by government agencies, executive orders are subject to judicial ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Specially Designated Nationals
The Specially Designated Nationals and Blocked Persons List, also known as the SDN List, is a United States government sanctions/embargo measure targeting U.S.-designated terrorists, officials and beneficiaries of certain authoritarian regimes, and international criminals (e.g. drug traffickers). The list is managed by the U.S. Treasury’s Office of Foreign Assets Control (OFAC). The SDN list contains tens of thousands of companies, organizations, and individuals who have been identified as posing a threat to U.S. national security and foreign and economic policy. All persons and businesses within the U.S. are prohibited from doing business with blacklisted individuals or are subject to sanctions for violating the law. Financial sanctions include a ban on investment in the stock of the blacklisted individuals and companies in which the blacklisted individuals have a controlling interest, and a ban on new debt (including all securities such as bonds, credits, bills of exchange, et ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
United States Department Of The Treasury
The Department of the Treasury (USDT) is the national treasury and finance department of the federal government of the United States, where it serves as an executive department. The department oversees the Bureau of Engraving and Printing and the U.S. Mint. These two agencies are responsible for printing all paper currency and coins, while the treasury executes its circulation in the domestic fiscal system. The USDT collects all federal taxes through the Internal Revenue Service; manages U.S. government debt instruments; licenses and supervises banks and thrift institutions; and advises the legislative and executive branches on matters of fiscal policy. The department is administered by the secretary of the treasury, who is a member of the Cabinet. The treasurer of the United States has limited statutory duties, but advises the Secretary on various matters such as coinage and currency production. Signatures of both officials appear on all Federal Reserve notes. The depart ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Office Of Foreign Assets Control
The Office of Foreign Assets Control (OFAC) is a financial intelligence and enforcement agency of the U.S. Treasury Department. It administers and enforces economic and trade sanctions in support of U.S. national security and foreign policy objectives. Under Presidential national emergency powers, OFAC carries out its activities against foreign states as well as a variety of other organizations and individuals, like terrorist groups, deemed to be a threat to U.S. national security. As a component of the U.S. Treasury Department, OFAC operates under the Office of Terrorism and Financial Intelligence and is primarily composed of intelligence targeters and lawyers. While many of OFAC's targets are broadly set by the White House, most individual cases are developed as a result of investigations by OFAC's Office of Global Targeting (OGT).Yukhananov, Anna, and Warren Strobel"After Success on Iran, U.S. Treasury's Sanctions Team Faces New Challenges" Reuters, April 14, 2014. Sometime ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Automated Teller Machine
An automated teller machine (ATM) or cash machine (in British English) is an electronic telecommunications device that enables customers of financial institutions to perform financial transactions, such as cash withdrawals, deposits, funds transfers, balance inquiries or account information inquiries, at any time and without the need for direct interaction with bank staff. ATMs are known by a variety of names, including automatic teller machine (ATM) in the United States (sometimes redundantly as "ATM machine"). In Canada, the term ''automated banking machine'' (ABM) is also used, although ATM is also very commonly used in Canada, with many Canadian organizations using ATM over ABM. In British English, the terms ''cashpoint'', ''cash machine'' and ''hole in the wall'' are most widely used. Other terms include ''any time money'', ''cashline'', ''tyme machine'', ''cash dispenser'', ''cash corner'', ''bankomat'', or ''bancomat''. ATMs that are not operated by a financial i ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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