al-Thawra: Syrian real-estate bank loans at 52 billion S.P.
Syria, Business, 6/10/2005

A banking sources estimated the volume of loans and financing offered by the Real-Estate Bank during the first quarter of the current year by Syrian pounds at 1.347 billion.

The sources said that the total loans of the Bank are estimated at S.P. 52 billion.

In a statement to al-Thawra daily on Thursday, Director of the Real-Estate Bank, Mulham Deebo said that the investment process is continually increasing to achieve the interest of the bank and the citizen. Deebo pointed out to the increase in the volume of loans due to the increase in the banking credit to S.P. 58 billion.

The bank offers facilities to encourage clients to make benefits of the facilitating condition, speed of execution and banking and technical services of the auto money exchange machines.

On financing to small and medium establishments, Deebo stressed that the Real Estate Bank financing of different sectors is at 50%, asserting that these loans participate in enhancing the national economy process and meeting the demands of citizens.

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