Regulatory Alerts2017-06-09
Added · Updated
Inclusion of Information Technology Sector in Medium-Term Financing Instructions
The Central Bank of Syria includes the Information Technology sector within the instructions on extending medium-term advances to licensed banks under Circular No. 54/2011. This decision, issued by Governor Dr. Ziad Fariz, applies to licensed banks and covers activities such as software development, mobile applications, internet sites, and digital data processing. The inclusion is effective as of 25 October 2015.
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