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Syria expects over $1bn in foreign capital for new banks

Original: Syria expects over $1bn in foreign capital for new banks, central bank governor says

Syria's central bank governor says the country expects more than $1bn in foreign capital to flow into newly established banks. The announcement signals efforts to rebuild Syria's financial sector and attract international investment as the country seeks to stabilise its economy and re-engage with global markets after years of isolation and sanctions.

Why now: The scale of promised foreign investment marks a significant step in Syria's economic reopening and financial reconstruction.

SyriaCentral Bank of Syria

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