Back مصرف سورية المركزي Arabic Централна банка на Сирия Bulgarian Banque Centrale de Syrie German Banco Central de Siria Spanish Banque centrale de Syrie French הבנק המרכזי של סוריה HE Սիրիայի կենտրոնական բանկ Armenian Syryjski Bank Centralny Polish Banco Central da Síria Portuguese Центральный банк Сирии Russian
  Central Bank of Syria on the Sabaa Bahrat Square in Damascus | |
| Headquarters | Damascus, Syria |
|---|---|
| Established | 28 March 1953 (legal) 1 August 1956 (began operations) |
| Ownership | 100% state ownership[1] |
| Governor | Mohammed Issam Hazima |
| Central bank of | Syria |
| Currency | Syrian pound SYP (ISO 4217) |
| Bank rate | 0% |
| Interest on reserves | 6.00% |
| Preceded by | Banque de Syrie et du Liban (until 1953) |
| Website | https://www.cb.gov.sy/ |
The Central Bank of Syria (CBS; Arabic: مصرف سورية المركزي, romanized: Masrif Suriat Almarkazi) is the central bank of Syria. The bank was established in 1953 and started operations in 1956. Its headquarters are in Damascus, with 11 branches in the provincial capitals.[2] The objective of the bank is "to foster the stability, integrity and efficiency of the nation’s financial and payment systems so as to promote optimal macro economic performance".[3]
The CBS issues Syria's currency, the Syrian pound (LS), and sets the intervention price in the foreign currency market for the Syrian pound on a daily basis. The CBS exercises control over all banks operating in Syria.
- ^ Jan Weidner (2017). "The Organisation and Structure of central Banks". Technische Universität Darmstadt. p. 265.
- ^ "CBS's Branches in Syria". Archived from the original on 4 October 2006. Retrieved 11 October 2013.
- ^ "Central Bank of Syria official website". Archived from the original on 25 September 2013. Retrieved 11 October 2013.
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