13 March 2011
Damascus - Damascus Chamber of Commerce in cooperation with the Commercial Bank of Syria will hold on Wednesday a symposium on the facilitations provided by the Bank in the framework of financing merchants' exports.

Last June, the Bank announced a pack of banking facilitations for industrialists and merchants according to its new methods.

The Bank valued exports according to three groups less than USD 2 millions with an interest rate of 3.5%, 6.5% and 8.5% in accordance with time periods.

The second group is from USD 2 million to USD 10 million with an interest rate of 3%, 6.5% and 8%, and the third group is more than USD 10 million with an interest rate of 2.5%, 6.5% and 7.5%.

© SANA (Syria Arab News Agency) 2011