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Tag Archives: Central Bank of Syria

CBS shuts down a number of currency exchange companies

CBS shuts down a number of currency exchange companies Damascus, SANA – The Central Bank of Syria (CBS) on Tuesday issued decisions to shut down 14 currency exchange companies that …

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Syria participates in Egmont Group for combating money laundering and terrorism funding in Hague

Damascus, SANA- Central Bank of Syria said that a delegation from the commission for combating money laundering and terrorism funding (CMLTF) participated in activities of  the 26th Egmont Group of Financial …

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CBS: Allowing deposit of foreign currency at border crossing gives confidence for investors and expats

Damascus, SANA – The Central Bank of Syria (CBS) issued a statement clarifying the decision no. 13 which allows individuals entering Syria through border crossings to use banking services and …

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CMLTF commission uncovers base of unlicensed currency exchange company in Damascus

Damascus, SANA – The commission for combating money laundering and terrorism funding (CMLTF) at the Central Bank of Syria (CBS), in cooperation with the CMLTF department at the Criminal Security …

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CBS issues certificates of deposit with nominal value of SYP 100 million

Damascus, SANA – The Central Bank of Syria (CBS) announced issuing certificates of deposit in Syrian Pound, with a nominal value of SYP 100 million and 4.5% interest rate and …

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CBS Governor: Issuing foreign currency certificates of deposit an important step to attract Syrians’ funds

Damascus, SANA – Governor of the Central Bank of Syria (CBS) Dureid Dergham said that issuing foreign currency certificates of deposit (CDs) is an important step to attract Syrians’ funds, …

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Decisions on supporting exports and issuing certificate of deposit made during meeting chaired by Premier Khamis

Damascus, SANA – A special work meeting chaired by Prime Minister Imad Khamis on Monday, during which the participants decided to continue supporting exports to spare the export field the …

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CBS sets USD exchange rate at SYP 517.43

Damascus, SANA – The Central Bank of Syria (CBS) set on Monday the exchange rate of the USD against the Syrian Pound (SYP) at 517.43 for banks, 517.42 for exchange …

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Prime Minister chairs meeting for developing banking work at Central Bank

Damascus, SANA – Prime Minister Imad Khamis on Tuesday chaired a work meeting at the Central Bank of Syria (CBS) for discussing the strategies of financial institutions regarding monetary policies, …

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CBS sets USD exchange rate at SYP 517.43

Damascus, SANA – The Central Bank of Syria (CBS) set on Tuesday the exchange rate of the USD against the Syrian pound (SYP) at 517.43 for banks, 517.42 for exchange …

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