Syrian Central Bank Governor: Jordanian Banks Expand in Syria
According to the article, the banking relations between Jordan and Syria focus on enhancing financial cooperation and Jordanian banking investments in the Syrian market, with the aim of supporting the reconstruction of the Syrian banking sector and developing financial, payment, and transfer services. The Central Bank of Syria is working to attract Arab banks and investments, currently including Jordanian investments through banks such as Arab Bank–Syria and Jordan Bank–Syria, to strengthen financial service capabilities and expand economic and commercial activities. Additionally, the two sides are seeking to open new banking channels, develop trade finance tools, license new banks, and leverage financial technology and artificial intelligence to improve banking operations and support the modernization of the financial sector. These efforts aim to increase payment efficiency, improve the regulatory environment, and emphasize risk management and trust-building to promote trade and investment flows between the two countries and comprehensively develop banking services.
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