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
Muslim World League Welcomes EU’s Lifting of Sanctions on Syria as a Positive Step Forward Restoration Project of the Cultural Stairway Launched in Lattakia privince Syrian-Jordanian Agreement on Unified Fees… and 11 Weekly Flights to Damascus Jordanian Foreign Minister: My Visit to Damascus Was Fruitful Minister of Local Administration and Environment Discusses Cooperation with Swiss Mission in Damascu... Damascus Chamber of Commerce: lifting economic sanctions is a positive step toward rebuilding bridge... Jordanian Delegation to Visit Syria Next Week to Explore Economic and Investment Cooperation U.S. Secretary of State: Action must be taken at the congressional level to develop the private sect... Syrian , Turkish Defense Officials Discuss Enhancing Cooperation to Support Regional Stability Turkish Minister of Treasury and Finance: A Stable and Prosperous Syria Is a Major Gain for the Regi... Minister of Education Discusses Support for Education Sector with UK Minister for the Middle East Minister of Health Discusses Opportunities for Joint Cooperation with Head of Global Development at ... Syria , Jordan Sign MoU to Establish High Coordination Council Press conference for Minister of Foreign Affairs and Expatriates Al-Sheibani and his Jordanian count... UN , Saudi Arabia Sign Agreement to Rehabilitate Bakeries in Syria Minister of Health meets a number of his counterparts in Geneva Syria is among the world's top 10 pistachio-producing countries Foreign Minister Al-Sheibani Receives a  High-Level Jordanian Delegation in Damascus to Establish Jo... Kallas: We hope the EU will reach a decision today to lift sanctions on Syria Jordanian Foreign Minister Ayman Safadi Visits Damascus at the Head of a High-Level Ministerial Dele...