The concluding statement of Article IV consultation of IMF on the Syrian Arab Republic    The Syrian-Ukrainian Joint Committee meets in Damascus and signs a number of agreements and memorandums    Minister of Finance presents an explanation on new exit fee, and a reminder of its valid starting from 1July,2008.    Signing three agreements with Romania in the conclusion of Romanian delegation's visit to Syria.    Ministry of Finance holds a definitional workshop on the new financial and accounting systems    Public Customs Administration generalizes to its departments adopting the agreed basics with a fuel company in order to provide passing tracks to Syria with the global price of gas oil    Finance Minister: for the first time, the accounts of the Public State Budget were audited for the next year directly    Highlights on the International Financial and Investment Institutions Forum    Minister of Finance: We Hope to Establish an Insurance Market that Provides 200 Million Dollars in 2008    1st Micro Finance National Conference kicks off    Damascus Insurance Assembly concludes its activities    Cooperation between Syrian and Malaysian Chamber of Commerce    Syrian-Qatari Holding Company Agreement Signed    Minister of Finance and Bosnian Deputy Finance Minister Discuss Cooperation    Minister of finance, Chairman of Insurance Supervision Commission, issuing a decision that includes a regulation for institutional arbitration in the insurance companies.    In cooperation with the project of modernization and development of Ministry of Finance… an identification symposium on rules of origin    The International Forum of Financial and Investment institutions in Syria    Arab Investment Climate 2006 report. Syria’s growth rate 3.6%, inflation at 2.7%    A Symposium on Anti-Money Laundering shows Syrian efforts in this domain    Syria and Bahrain Sign Cooperation Agreement for Insurance Training   
 

 

 

Real Estate Bank >> Banks >> Banking System

REB is a public institution established in1966.

- Nominal capital: SP750 millions.
- Paid capital: SP565 millions.
- The bank has 15 branches; two of them in Damascus and the rest are in the other Syrian governorates.
- REB aims at supporting building movement in Syria. It works to activate construction of dwellings; tourist, commercial, industrial and professional establishments as well as hospitals and schools. It also encourages establishing and activating cooperatives through presenting loans that assist them to implement their building and residential projects.
- It also grants loans to individuals to
-  establish, complete or purchase dwellings; commercial, scientific and professional offices; clinics; and pharmacies, especially to limited income people.
- REB carries out all banking operations within its specialisations, especially deposits’ acceptance, savings’ encouragement and warranties’ granting.
- The bank presents to the clients special banking services through using up-to-date computers and direct dealing with public.

Shareholders:
 Central Bank of Syria.
Public Establishment for Social Securities.
Commercial Bank of Syria.
Pension Fund of Municipalities’ Employees and Hired.
First and second category municipalities.
General Syrian Institution for Insurance.
Public Debt Fund.
 
The head office:
Damascus- Yousef Al-Azmeh Square- General Syrian Institution for Insurance.
Telegram: ãÏíÑíÊÚÞÇÑí  
Tel: 221 8602 – 231 8603
B.O. Box: 2337

 



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