Syrian Central Bank: Jordanian Banks Expanding
The Syrian banking sector is striving to restore and develop its financial infrastructure by strengthening cooperation with Arab banks and investments, particularly Jordanian ones. These efforts include attracting more banks and expanding collaboration, with a focus on improving financing, payments, and remittances services, developing banking communication channels, and employing financial technology and artificial intelligence to enhance operational efficiency and provide advanced services. The expertise of Jordanian banking institutions plays a prominent role in supporting the Syrian market, with Jordanian banks also prepared to explore opportunities to enter the Syrian market and expand their activities—provided they adhere to regulatory frameworks and risk management practices. The goal is to build investor confidence and achieve sustainable growth in the Syrian banking sector.
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