Transfer of Syria Gulf Bank Shares Listing from the Parallel-A Market to the Official Market

Based on the provisions of Article 18 of the Listing Rules and Conditions Act, which states: “The listing of company’s shares shall be transferred between the markets once during the year, after the company has provided the market with the audited annual financial statements. For the purposes of transfer, these financial statements shall be approved as they are at the end of the company’s fiscal year.”

Additional hedging measures for bank notices related to real estate and vehicles sale

In accordance with the decisions and instructions of the Central Bank of Syria related to documenting real estate and vehicle sales, and in order to simplify the procedures for customers with regard to issuing bank notices for transfer of ownership, we include the data that must be included in the bank notice issued by the Bank as a minimum to be submitted to the official authorities in the state to complete the relevant transactions.

Inviting the shareholders of Syria Gulf Bank SA to attend the Extraordinary General Assembly to be held on Tuesday, August 01, 2023

.The Board of Directors of Syria Gulf Bank SA has the honor to invite the shareholders to attend the Extraordinary General Assembly to be held at 10:00 am on Tuesday, August 01, 2023, in Levant Hall, Four Seasons Hotel

Preliminary results for the fiscal year ending on December 31, 2022

Preliminary results disclosure form for the fiscal year ending on 31/12/2022

Inviting the shareholders of Syria Gulf Bank SA to attend the Ordinary General Assembly to be held on Monday, June 06, 2022

The Board of Directors of Syria Gulf Bank SA has the honor to invite the shareholders to attend the Ordinary General Assembly to be held at 10:00 am on Monday, June 06, 2022, in Palmyra Hall, Four Seasons Hotel.

Interest rates in Syria Gulf Bank starting from April 20, 2022

Interest Rates Bulletin

Preliminary results for the fiscal year ending on December 31, 2021

Preliminary results disclosure form for the fiscal year ending on 31/12/2021

Transfer of Syria Gulf Bank Shares Listing from the Parallel-A Market to the Official Market

The Damascus Securities Exchange published a circular about transferring the listing of Syria Gulf Bank shares from the Parallel-A market to the Official market

Circular on additional hedging measures for bank notices issued by the Bank, particularly relating to real estate and vehicles sale

In reference to the ongoing follow-up regarding the implementation of Resolution 5/CM of 2020 and its amendments by Resolution 28/CM of 2021 and Resolution 7/CM of 2022 on the requirements for notarizing sales contracts with the public authorities legally authorized to keep records of ownership of real estate and vehicles of all kinds, and the notaries public in terms of requiring to attach a bank notice of paying the price or part of it in the owner’s bank account in accordance with the regulating provisions, we point out the remarks and difficulties duly received from the concerned authorities in implementing the aforementioned decision regarding the bank notices submitted thereto.

Resolution № 68/MC of April 3, 2022 on interest rates paid by banks operating on deposits, credit current accounts and investment certificate accounts in Syrian pounds

The Monetary and Credit Council, based on the provisions of Law № 23 of 17/3/2002 and its amendments, on the letter of the Economic Research, General Statistics and Planning Directorate № 6/206/r dated March 6, 2022, on the results of the Monetary Policy Implementation Committee meeting held on February 23, 2022, and on its note at its April 3, 2022 meeting, decides the following:

Circular of Resolution 195/MC of 28/2/2022 containing instructions to implement Resolution 7/CM

Subsequent to our letter № 784/16/r dated February 15, 2022, regarding notification of the Council of Ministers Resolution № 7/CM on 13/2/2022 amending Resolution 5/CM of 2020 and № 28/CM of 2021 , which includes redefining the minimum value of notices issued by banks regarding real estate and vehicles sales according to the set out provisions and amounts, in the context of obligating the legally authorized public authorities to keep ownership records of real estate and vehicles of all kinds and the notaries public not to notarize sales contracts or authorizations involving a completed and irrevocable sale, before attaching what indicates the price or part of it payment to the bank account of the owner, public or private successor, or legally acting on behalf thereof. Information of the instructions approved for the aforementioned resolution will be duly provided.

Notification of a copy of Resolution 7/CM on paying the sale price of real estate and vehicles, or part of it, with a bank notice

Subsequent to Resolution 5/CM, dated 20/01/2020 and its amendments by Resolution 28/CM of 24/03/2021, which includes the special requirements for notarizing sales contracts with public authorities legally authorized to keep records of ownership of real estate and vehicles of all kinds, and the notaries public in terms of requiring to attach a bank notice of paying the price or part of it into the owner’s bank account in accordance with the provisions set forth in the said resolution, the executive instructions issued in this regard and the relevant circulars.