Al-Baraka Bank Syria opens branch in Tartous

A branch of al-Baraka Bank Syria had been opened on Thursday in the coastal Tartous city with the participation of official and economic figures. Governor of the Central Bank of Syria (CBS) Adib Mayaleh affirmed in a press statement that banks in Syria have had an effective contribution to national economy, considering it a sign of growth and recovery despite the critical stage that Syria is passing through. Several branches of a number of banks are under construction in different areas in Syria, Mayaleh added. For his part, Mohammed Halabi, Chief Executive Officer of Al Baraka Bank Syria highlighted the importance of opening the bank’s tenth branch in Syria.