Law issued exempting clients of Agricultural Coop Bank from interests and fees for loans

Economy & Aftermath

 

Damascus – President Bashar al-Assad on Wednesday issued Law no. 46 for 2018, exempting clients of the Agricultural Coop Bank from all contractual interests and fines and interests for overdue loans, SANA reported.

The law doesn’t cover debts for private sector clients that exceed SYP 5 million, and the exemption requires the client to make a payment of 5% of the tabulated account capital.

You might also like
Economy

With local and international participation, the “HITEC” exhibition for…

Economy & Aftermath

Conference of Investment Prospects and Visions in Reconstruction Phase continues its…

Economy & Aftermath

Conference on“Investment Prospects and Visions in the reconstruction phase” kicks off

Economy & Aftermath

ACSAD holds training course on proper management of salt-affected soils

Latest news
Syria strongly condemns the brutal Israeli attack on Palmyra United States vetoes Security Council resolution calling for immediate ceasefire in Gaza Sheikh Qassem: We cannot leave Beirut under Israeli enemy's strikes, the enemy will pay the price 36 people martyred, more than 50 others injured in Israeli aggression on Palmyra city “Deir Ezzor, Memory of the Old City” a photographic  exhibition by photographer Jumaa Al-Suleiman  On International Children's Day, Ministry of Social Affairs completes the National Strategy for Chil... Putin confirms Russia’s readiness to assist CAR with security challenges 43985 martyrs since the beginning of the Israeli war of extermination in Gaza Strip Palestinian Prisoners' Commission and the Prisoners' Club: The occupation's brutality against childr... Russian Foreign Intelligence Service says Russia to address NATO’s engagement in strikes deep inside... Palestinian Ministry of Foreign Affairs calls for providing international protection for children Director of Kamal Adwan Hospital in northern Gaza Strip: "The occupation does not allow anything to ... The occupation continues its aggression on Jenin and its camp 14 martyrs, a number of wounded in the occupation's bombing of Gaza Strip A Lebanese Army Soldier and Five Civilians Martyred in Israeli occupation Airstrikes Venezuela Rejects U.S. Recognition of Edmundo González as President-Elect Al-Dahhak: The continuous US-backed Israeli crimes pose serious threat to regional and international... Omani Embassy in Damascus holds reception on the 54th anniversary of Oman's National Day  Kharita at "COP 29": The need to increase funding for countries to fulfill their obligations Palestinian Health Ministry: Israeli occupation killed 1,000 Palestinian doctors, nurses during its ...