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Islamic Finance Briefing - Categorized | Banking, Market Moves more

Iran, Syria to establish private bank in Damascus

Posted on 03 August 2010

From Turkishweekly.net: The Syrian cabinet approved on Tuesday a license for setting up a Syrian-Iranian bank to be named “al-Aman” in Damascus, the Islamic Republic of Iran News Network reported on Sunday.
The bank’s initial capital is 1.5 billion Syrian pounds (some $32 million)……………………………………….Full Article: Source

 
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