Leading Banks in Syria

Bank of Syria and Overseas, Commercial Bank of Syria, and Syria Gulf Bank are amongst the top leading banks in Syria.

Bank of Syria and Overseas S.A.S (BSO), member of BLOM Bank Group, is among the first private banks to open in Syria, founded in December 2003 and commenced its operations in January 2004. The Bank provides a complete line of commercial banking services, including: Deposits in Local and Foreign currencies; Credit facilities to commercial and industrial enterprises; Small and Medium Enterprises Loans; Correspondent Banking Services; Issuing Letters of Guarantee; etc. BSO has received an award of "The Best Foreign Exchange bank in Syria 2011" from EMEA Finance; followed by "The World's Best Emerging Market Banks 2011 in the Middle East" from Global Finance magazine.

Commercial Bank of Syria is one of the largest banking institutions operating in the country. The bank aims at providing full banking services the easiest and smoothest way possible via its branches throughout the country.

Syria Gulf Bank is the seventh private bank to obtain a license to operate in Syria. It started to operate in 2007 with a start-up capital of SP 1,500 million (USD 30 million). The Bank aims to be the leading private financial services provider in the country through a commitment to people, partnership, exceptional service and best practice.