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Syrian Commercial Bank to invest its reserves
Syria, Business, 2/28/2005
Director General of the Syrian Commercial Bank, Duried Dergham, said that the bank is planning to invest its reserves which amount 10 billion dollars to serve the trade interests in Syria.
"The bank will be carrying out measures as soon as possible to ensure finding successful investment means," pointing out to the possibility of financing the delayed payment import and reducing the commission on the foreign and internal remittances to be cheaper than any other company, particularly that Syrian market is witnessing expansion and active movement of remittances, Dergham said in a statement to the Syrian daily newspaper 'al-Thawra' published Sunday.
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