مصرف سورية المركزي

The Real Estate Bank is one of the largest and well-established governmental banking financial institutions in the Syrian Arab Republic. It provides its individual and corporate clients with various banking services. The bank was established pursuant to a legislative decree issued in 1966.

Law No. 31 of 2005 specified the objectives of the Real Estate Bank, as follows:

· Carrying out all banking activities, services and facilities.

· Supporting the urban and economic movement in the country by financing urban facilities (residential, tourist, industrial, commercial, health, educational and environmental activities, in addition to craftsmanship).

· Meeting credit needs in the short, medium and long term.

· Financing projects of housing cooperatives and companies, which aim at building properties intended mainly for housing, and supporting them.

· Mobilizing resources and savings, and directing them to achieve the bank’s objectives.

· Providing technical, real estate, legal and financial advice to the bank's clients, and researching ways to finance urban projects and their plans.