VOL. XLIII

No. 45

6-November-2000

SYRIA

Syria Plans To Establish Investment Bank

Syrian President Bashar al-Asad on 29 October issued Decree No 508 establishing the Public Exchange Bank Institution as a general investment bank. The bank will be affiliated with the Economic and Foreign Trade Ministry, according to the Syrian News Agency, and aims to absorb new investment capital inflows and provide services to investors. Based in Damascus, the bank will be independent financially and...