Damascus-Sana
The Monetary and Credit Council approved the Popular Credit Bank to issue 3 new investment certificates, category (A), with values of half a million, five million and 10 million Syrian pounds, for individuals and legal persons allowed to own certificates and new categories.
In a decision SANA obtained a copy of, the council indicated that the issuance of the new certificates comes based on a proposal from the Popular Credit Bank and the approval of the Ministry of Finance, and consecrates the importance of these certificates as they generate income for individuals and families and constitute investment opportunities for those with small savings with high security in addition to their positive and important economic role.
It is noteworthy that there is a great demand by dealers for investment certificates issued by the bank in their various groups (A), (B) and (C) due to their high guarantee and relatively high interest rate or awarding prizes according to the features of each group.