Damascus-Sana
The Real Estate Bank announced that the number of loans granted since the beginning of this year until the end of last November reached 2543 loans with a total value of about 7.5 billion Syrian pounds.
In a statement to the SANA Economic Bulletin, the Deputy Director General of the Real Estate Bank, Akram Darwish, explained that the number of construction and cladding loans executed since the beginning of the year until the end of October reached 235 loans with a total value that exceeded 591 million pounds. One billion and 724 million liras.
Darwish indicated that the demand for restoration loans increased during the aforementioned period compared to last year, as it amounted to 773 loans with a total value of more than one billion and 233 million pounds, indicating that the Syrian Card loans rose to reach by the end of October to 514 loans worth more than 257 million pounds, and the rest of the loans were distributed. On housing associations, durable goods and development loans.
In mid-September, Al-Akaria announced the resumption of granting loans of all kinds and direct credit facilities exclusively to finance the agricultural sector and small and medium enterprises, after they stopped for about two months due to the application of precautionary measures to confront the Corona virus.
Wasim Al-Adawi
SANA Economic Bulletin
