Commercial Bank of Syria (CBS) 
CBS was established at the beginning of 1967 to serve the Syrian economic and commercial activities. The Bank’s capital now comes to one milliard Syrian pounds. It has more than 50 branches located in all Syrian governorates and main cities. In addition to that, there are 23 loopholes for money exchange spreading in all locations in contact with tourists, guests and comers to Syria. 

The Bank Administration is located in Damascus.
The Bank’s head office address is:
Commercial Bank of Syria, Yousef Al-Azmeh Square, Damascus, Syrian Arab Republic.
P.O.BOX: 933
Telex: 411 002 – 411 205  
Fax: (011) 222 8524 – 221 6975
Tel: (011) 222 2481 – 221 8890

Banking facilities presented by the Bank:
CBS provides its clients with banking facilities in the form of credits in Syrian pounds or foreign currencies, those credits are made available to them for a certain time. Those facilities are:

1. Discount of commercial instruments.
2. Purchase at sight bill of exchange.
3. All kinds of advances.
4. Debit current accounts.
5. Loans.
6. Letters of credit (L/Cs).
7. Warranties and guarantee’s letters.
8. Acceptances.
 
The Bank’s Board of Directors defines the maximum proportions for each kind of banking facilities that can be granted to clients.
Banking services provided by the Bank:
 CBS provides its clients with various banking services including the following:
1. Deposits’ Acceptance and opening credit current accounts in foreign or Syrian currency.
2. Issuing and purchasing drafts, checks, personal credit letters and credit cards.
3. Purchasing and selling foreign currencies.
4. collecting instruments, checks, bills of exchange and shipping documents.
5. Shares, public instruments and financial papers operations.
6. Renting iron boxes.
7. Giving commercial and technical information.
8. Carrying out deputation, representation and management practices.