Central Bank of Syria on the Sabaa Bahrat Square in Damascus
Headquarters
Damascus, Syria
Established
28 March 1953 (legal) 1 August 1956 (began operations)
Ownership
100% state ownership[1]
Governor
Mohammed Issam Hazima
Central bank of
Syria
Currency
Syrian pound SYP (ISO 4217)
Bank rate
0%
Interest on reserves
6.00%
Preceded by
Banque de Syrie et du Liban (until 1953)
Website
https://www.cb.gov.sy/
The Central Bank of Syria (CBS; Arabic: مصرف سورية المركزي, romanized: 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.[2] 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".[3]
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.
^Jan Weidner (2017). "The Organisation and Structure of central Banks". Technische Universität Darmstadt. p. 265.
^"CBS's Branches in Syria". Archived from the original on 4 October 2006. Retrieved 11 October 2013.
^"Central Bank of Syria official website". Archived from the original on 25 September 2013. Retrieved 11 October 2013.
and 24 Related for: Central Bank of Syria information
sanctions on the CentralBank because of the Civil War. The six specialized state-owned banks – the CentralBankofSyria, Commercial BankofSyria, Agricultural...
This is a list ofcentralbanks. This is a list ofcentralbanks. Countries that are only partially recognized internationally are marked with an asterisk...
Finance PLC CentralBankofSyria Agricultural Cooperative Bank Commercial BankofSyria Industrial BankofSyria Popular Credit Bank Real-Estate Bank Saving...
in Syria is controlled by the CentralBankofSyria which also controls all foreign exchange and trade transactions. All commercial banks in Syria were...
and activities are supervised by the CentralBankofSyria. Cham Bank works to achieve an increase in the growth of returns, as this benefits customers...
turn the freezing ofSyrian government's financial assets, the end of financial exchanges with the CentralBankofSyria, the cessation of airlines between...
A centralbank, reserve bank, national bank, or monetary authority is an institution that manages the currency and monetary policy of a country or monetary...
The BankofSyria 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...
The CentralSyria campaign, known as "Operation Khuzam", or "Lavender", was a large-scale military operation of the Syrian Army (SAA) against the Islamic...
Syria, officially the Syrian Arab Republic, is a country in West Asia located in the Eastern Mediterranean and the Levant. It is bounded by the Mediterranean...
In this list of financial regulatory and supervisory authorities, centralbanks are only listed where they act as direct supervisors of individual financial...
The CentralSyrian Committee (French: Comité Central Syrien) was an organization active during after World War I, seeking the independence and the unity...
materially assisting and acting for or on behalf of the Government ofSyria, CentralBankofSyria, Adib Mayaleh, and Batoul Rida." Due to these sanctions...
Government of the Syrian Arab Republic is the union government created by the constitution ofSyria whereby the president is the head of state and the...
conquest of the Levant (Arabic: فَتْحُ الشَّام, romanized: Fath aş-Şâm; lit. "Conquest ofSyria"), or Arab conquest ofSyria, was a 634–638 CE invasion of Byzantine...
The CentralBankof Armenia (Armenian: Հայաստանի Կենտրոնական Բանկ, romanized: Hayastani Kentronakan Bank) is the centralbankof Armenia with its headquarters...
Global Information
