Syria nears correspondent bank account deal with Turkey, mulls currency swap

Syria Nears Establishing Correspondent Banking Account With Turkey - Enab Baladi

Governor of the Central Bank of Syria, Abdulkader Husrieh, said Syria is in the final stages of establishing a correspondent banking relationship with the Central Bank of Turkey. The two sides are also set to discuss a possible currency swap arrangement aimed at boosting trade, Husrieh told Reuters today, Friday, April 10. The governor said Syrian-Turkish cooperation is expected to expand to include integrated payment systems, cross-border settl…

Syria nears correspondent bank account deal with Turkey, mulls currency swap

Turkey has been the ​main backer of the Syrian government of President Ahmed al-Sharaa since the ousting of ​Bashar al-Assad in ​late 2024