List Of Banks In Syria
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List Of Banks In Syria
This is a list of banks in Syria. Central bank * Central Bank of Syria Local banks Public * Commercial Bank of Syria * Industrial Bank of Syria * Agricultural Cooperative Bank * Popular Credit Bank * Real Estate Bank * Saving Bank Private and foreign * Bank of Syria and Overseas * Banque Bemo Saudi Fransi * Byblos Bank * Popular Credit Bank * Syria Gulf Bank * Bank Audi * The International Bank for Trade & Finance * Arab Bank * Qatar National Bank Islamic banks * Syria International Islamic Bank * Cham Bank * Al-Baraka Bank Syria See also * Banking in Syria * List of banks in the Arab world {{Asia topic, List of banks in Syria Banks Banks 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. Becaus ... * Syria ...
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Syria
Syria ( ar, سُورِيَا or سُورِيَة, translit=Sūriyā), officially the Syrian Arab Republic ( ar, الجمهورية العربية السورية, al-Jumhūrīyah al-ʻArabīyah as-Sūrīyah), is a Western Asian country located in the Eastern Mediterranean and the Levant. It is a unitary republic that consists of 14 governorates (subdivisions), and is bordered by the Mediterranean Sea to the west, Turkey to the north, Iraq to the east and southeast, Jordan to the south, and Israel and Lebanon to the southwest. Cyprus lies to the west across the Mediterranean Sea. A country of fertile plains, high mountains, and deserts, Syria is home to diverse ethnic and religious groups, including the majority Syrian Arabs, Kurds, Turkmens, Assyrians, Armenians, Circassians, Albanians, and Greeks. Religious groups include Muslims, Christians, Alawites, Druze, and Yazidis. The capital and largest city of Syria is Damascus. Arabs are the largest ethnic group, and Mu ...
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QNB Group
Qatar National Bank (QNB Group) ( ar, بنك قطر الوطني) is a Qatari multinational commercial bank headquartered in Doha, Qatar. It was founded in 1964 and currently has subsidiaries and associates in 31 countries spanning three continents. The bank's ownership is evenly divided between the Qatar Investment Authority and members of the public. History QNB was founded on 6 June 1964 as the country's first domestically-owned commercial bank. It had 35 employees in its first year and was initially headquartered in a government-owned building in Qatar's capital city, Doha. The two currencies in circulation at the time were the Indian rupee and British pound. As Qatar's population continued increasing through the century, QNB started establishing branches in other parts of the country. In 1974, the first branches outside of Doha were opened in Al Khor and Mesaieed. The bank installed its first ATMs in 1988 in its Doha branches, and, in the next year, introduced VISA cards f ...
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Lists Of Companies Of Syria
A ''list'' is any set of items in a row. List or lists may also refer to: People * List (surname) Organizations * List College, an undergraduate division of the Jewish Theological Seminary of America * SC Germania List The SC Germania List is a German rugby union club from the district List of Hanover, currently playing in the Rugby-Bundesliga. Apart from rugby, the club also offers other sports like tennis, gymnastics and handball. The club has three German ..., German rugby union club Other uses * Angle of list, the leaning to either port or starboard of a ship * List (information), an ordered collection of pieces of information ** List (abstract data type), a method to organize data in computer science * List on Sylt, previously called List, the northernmost village in Germany, on the island of Sylt * ''List'', an alternative term for ''roll'' in flight dynamics * To ''list'' a building, etc., in the UK it means to designate it a listed building that may n ...
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Economy Of Syria
Syria's economic situation has been turbulent and their economy has deteriorated considerably since the beginning of the Syrian civil war, which erupted in March 2011.CIA World Fact Book – Syria's Economy
Cia.gov.


History


Post independence

Since Syria became independent in 1946, the economy has undergone widespread structural change. Although the presence of the
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Lists Of Banks By Country
A ''list'' is any set of items in a row. List or lists may also refer to: People * List (surname) Organizations * List College, an undergraduate division of the Jewish Theological Seminary of America * SC Germania List, German rugby union club Other uses * Angle of list, the leaning to either port or starboard of a ship * List (information), an ordered collection of pieces of information ** List (abstract data type), a method to organize data in computer science * List on Sylt, previously called List, the northernmost village in Germany, on the island of Sylt * ''List'', an alternative term for ''roll'' in flight dynamics * To ''list'' a building, etc., in the UK it means to designate it a listed building that may not be altered without permission * Lists (jousting), the barriers used to designate the tournament area where medieval knights jousted * ''The Book of Lists'', an American series of books with unusual lists See also * The List (other) * Listing (di ...
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List Of Banks In The Arab World
The following is a list of banks in the Arab World. The modern system of Arab League, Arab banks was created in Egypt in the late 19th century, with the campaign of modernizing the country. Today Arab banks are among the most pioneering in Developing countries, and some are competitors to major international banks. A new system of banking has also been introduced by the Arab World, to suit its Islamic laws regarding the creation of wealth, thus Islamic banking, Islamic banks were created. Algeria Central bank * Bank of Algeria Commercial Public Banks * Banque Nationale d'Algérie (BNA). * Banque Extérieure d'Algérie (BEA). * Banque de l'Agriculture et du Développement Rural (BADR). * Banque de Développement Local (BDL). * Crédit Populaire d'Algérie (CPA). * Caisse Nationale d'Épargne et de Prévoyance (CNEP). * Caisse Nationale de Mutualité Agricole (CNMA) . Commercial Private Banks * Citibank Algéria * Banque AlBaraka Algérie * Arab Banking Corporation "ABC" Algérie * ...
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Banking In Syria
Banking in Syria is controlled by the Central Bank of Syria which also controls all foreign exchange and trade transactions. All commercial banks in Syria were nationalised in 1966. The Central Bank gives priority to lending to the public sector, while the private sector often banks abroad, a process that is more expensive and therefore a poor solution to industrial financing needs. Many business people travel abroad to deposit or borrow funds. It is estimated that US$6 billion has been deposited by Syrians in Lebanese banks. Reforms in the financial sector commenced in the 2000s, including the introduction of private banks and granting licences to foreign banks. However, Syria’s economy is still highly regulated. Foreign banks, for example, are required to be joint-ventures, and allowed up to 49% foreign ownership, and not hold a controlling stake.
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Cham Bank
Cham Bank ( ar, بنك الشام) is the first Islamic bank to be established in Syria. It started operations in 2007. The Bank's operations and activities are supervised by the Central Bank of Syria. Objectives of the bank Cham Bank works to achieve an increase in the growth of returns, as this benefits customers and shareholders, as it works to ensure the safety and development of the banking system through the application of effective banking supervision and contribute to strengthening the base of deposits and investing them in various economic sectors under the frameworks of Islamic Sharia, and providing advanced banking services, products and facilities, and marketing it with high quality in accordance with the principles of Islamic Sharia for all customers, individuals and institutions that meet their needs and exceed their expectations. Board of Directors The Board of Directors consists of the following persons: * Ali Yousef Al -Awadi, Chairman of the Board * Ahmed Nabi ...
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Syria International Islamic Bank
The Syria International Islamic Bank (Arabic: بنك سوريا الدولي الإسلامي ) (SIIB) is an international bank in Syria. SIIB was established in 2007 and is a Syrian bank the capital of which is held by Qatari and Syrian shareholders. It is a public company that has been listed on Damascus Securities Exchange since June 2009. It was formed as a partnership between the private sectors in the Syria and Qatar. It is located in Damascus, Syria. The European Union and the Arab League have frozen SIIB’s assets and banned SIIB from financial and commercial systems, for acting for or on behalf of the Commercial Bank of Syria (CBS), which had itself been banned, and for providing services to CBS’s subsidiary, Syrian Lebanese Commercial Bank, during the Syrian Civil War. From 2011 to 2012 SIIB facilitated financing worth almost $150 million on behalf of CBS, circumventing sanctions against it. Financial arrangements that were purportedly made by SIIB were actually made ...
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Arab Bank
Arab Bank is one of the largest financial institutions in the Middle East, founded in 1930 in Jerusalem, Mandatory Palestine, as the first private sector financial institution in the Arab world. Headquartered today in Amman, Jordan, it serves clients in more than 600 branches spanning five continents. Arab Bank is a publicly held shareholding company listed on the Amman Stock Exchange. The bank is a major economic engine in Jordan and throughout the Middle East and North Africa region, providing banking services and capital, and facilitating development and trade throughout the region. According to its website, the bank is the highest-ranked by market capitalization, and represents approximately 25% of the Amman Stock Exchange. U.S. appellate courts have ruled in the bank's favor in several lawsuits filed in the 2000s alleging its involvement in facilitating the funding of terrorist organizations. History Establishment (1940–1970s) In the 1940s and 1950s, the bank grew t ...
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Central Bank Of Syria
The Central Bank of Syria (CBS; ar, مصرف سورية المركزي, translit=Masrif Suriat Almarkazi) is the central bank of Syria. The bank was established in 1953 and started operations in 1956. Its headquarters are in Damascus, with 11 branches in the provincial capitals. The objective of the bank is "to foster the stability, integrity and efficiency of the nation’s financial and payment systems so as to promote optimal macro economic performance". The CBS issues Syria's currency, the Syrian pound (LS), and sets the intervention price in the foreign currency market for the Syrian pound on a daily basis. The CBS exercises control over all banks operating in Syria. History At independence, French- and British-owned banks dominated banking activity in Syria. The largest bank, the French-owned Banque de Syrie et du Liban (Bank of Syria and Lebanon), assumed central bank functions and became the bank of currency issue, in addition to its commercial operations. Syria join ...
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