SYRIAN STAKES
Qatar’s Estithmar positioning to acquire two Syrian banks
The move would be the first foreign banking acquisition in Syria since the fall of Bashar al-Assad and follows the recent lifting of U.S. sanctions
ANWAR AMRO/AFP via Getty Images
A member of the Syrian security forces stands guard outside the central bank in Damascus
Add The Circuit on GoogleQatar’s Estithmar Holding is poised to purchase controlling stakes in two Syrian banks.
The investment group plans to take over majority ownership of Shahba Bank and about 30% of Syria International Islamic Bank, Reuters reports.
