01.06.2012 - Qatar-based directors quit Syria bank over sanctions
The Qatar-based directors of Syria International Islamic Bank (SIIB) resigned their roles at the behest of the Gulf Arab state's central bank, to comply with US Treasury sanctions against the lender. SIIB, formed in 2006 by Qatari and Syrian investors, was designated under anti-weapons proliferation laws by the US government on Wednesday, freezing its assets in the United States and prohibiting US firms and individuals from doing business with it...............................................Full Article: Source
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