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Islamic Finance Briefing - Categorized | Banking, Performance more

$ 40 bln assets - Banks reaching new heights in Syria

Posted on 20 August 2010

From Globalarabnetwork.com: The Syrian banking sector appears to be in rude health, reporting record figures at a time when many banks in the region are still absorbing the impact of the global financial crisis. In July 2010, the Central Bank of Syria released figures showing that bank assets in the country have topped $40bn for the first time.
With banking expanding across a number of business lines, growth levels have outstripped neighbours in the region. Both state-owned and private banks have been performing strongly this year……………………………………….Full Article: Source

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