BankHeadOffice.com         Bank Head Office Worldwide   ♦ Loan Calculators ♦ Mortgage Guides ♦ Banking FAQs ♦ Banking Institutions ♦ Central Banks Worldwide       Home  »  Central Banks Worldwide  »  Central Bank of Syria Central Bank of Syria The Central Bank of Syria (Arabic: مصرف سورية المركزي‎, French: Banque Centrale de Syrie) is the central bank of Syria. The bank is located in Damascus with branches in major cities.   The strategic vision of Central Bank of Syria is based on maintaining the monetary and financial stability, on the macro economic level, which contributes to achievement of macro economic policy goals. On the other hand achieving financial stability depends on developing the financial and banking sector as well as insuring its soundness, solidity and sustainability, enabling it to undertake its role in financing the national economic sector’s projects. In this context, Central Bank of Syria pays its efforts towards enhancing its independence, to achieve the monetary policy goals. Mission of the Central Bank of Syria is to achieve price and financial stability to contribute towards national economic growth and development. The overall objectives of Central Bank of Syria as an independent and credible institution are:   •  to ensure a stable national currency;   •  to ensure efficient and secure production and distribution of banknotes and coins of high quality;   •  to contribute to efficiency and stability in the payment and clearing systems and in the financial markets;   •  to act as banker to the central government;   •  to prepare reliable and relevant financial statistics;   •  to prepare and communicate credible standpoints on economic and financial issues with relation to Central Bank of Syria's objectives; and   •  to maintain its financial strength by means of consolidation and risk management. The Central Bank commits itself to providing effective support functions through a sound banking and financial control system, appropriate information system and the development of competent and qualified staff.   Central Bank of Syria HQ Address: Altjreda al Maghrebeh Square Damascus Syria Tel: +963 11 221 6802 Fax: +963 11 222 0550 Website: www.banquecentrale.gov.sy Swift Code: CBSYSYDA Currency: Syrian Pound Banking Hours: Sat - Thurs : 0800 - 1400 Like all other central banks in the world, Central Bank of Syria must be well managed and pursue a goal-oriented approach, as consistent as possible with international best practice. The Central Bank also responsible in determined the Prime Rate in Syria. List of banks governed by the Central Bank of Syria » National Bank of Malawi » Nedbank » Ecobank » Standard Bank Malawi » Indebank » International Commercial Bank » NBS Bank » Malawi Savings Bank » FDH Bank » First Merchant Bank » Opportunity International Bank Malawi DISCLAIMER The content comes from Internet, reasonable efforts are made to maintain accuracy of information published. However, information could contain errors or inaccuracies and is presented without warranty and statutory means. No liability is assumed for errors or omissions. Viewers are advised to consult their banker or financial consultant for complete information and their professional advise. All trademarks, logos, brand names and copyrights are the property of their respective owners. © 2011 - 2022 BankHeadOffice.com ® All Rights Reserved