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Syria expects over $1 bn in foreign capital for new banks, central bank governor says

Middle East 1 source 1 country 🔦 Under-reported 26m ago

The Central Bank of Syria, led by Governor Mohammed Raslan, has announced expectations for over $1 billion in foreign capital investment aimed at establishing new banking institutions. This initiative is part of a broader effort by the Syrian government to attract international capital and reinforce the country's domestic banking sector.

The announcement, delivered via the Syrian Arab News Agency, signals a strategic push to revitalize financial infrastructure. By facilitating the entry of new banks, authorities aim to strengthen the sector's capacity and improve its overall stability in the coming period.

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Read the full story at the source Arab News · SA ↗
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