Turkish banks to open branches in Syria as economic ties deepen

GAZİANTEP

Türkiye and Syria have reached an agreement allowing Turkish banks to open branches in Syria, Turkish Trade Minister Ömer Bolat said on June 9, while also signaling the imminent opening of another key border crossing.

Speaking at a Turkish–Syrian economic forum organized by Turkish state-run Anadolu Agency in the so-uthern border province of Gaziantep, Bolat said, “We are in agreement on the opening of branches of Turkish banks in Syria.

“Work is underway on amendments to Syria’s banking legislation and our central banks are holding mu-tual consultations.”