Central Bank of Syria reassures citizens their bank deposits remain safe
Date
12/10/2024 2:07:49 AM
(MENAFN) After the fall of the Assad regime, the Central bank of Syria reassured citizens on Monday that their bank deposits remain safe and unaffected. In a Facebook post, the bank confirmed that all financial institutions in the country will continue their operations as normal, aiming to maintain stability amid the turmoil.
This announcement comes after a period of relative calm, which was disrupted when clashes between Assad regime forces and anti-regime groups reignited on November 27 in the rural areas west of Aleppo. The violence quickly escalated, leading to significant shifts in control over key cities.
Opposition forces launched a swift and successful offensive, making significant territorial gains and capturing key urban centers. By Sunday, the capital, Damascus, had fallen to the opposition, marking a decisive moment in the conflict. The rapid advance was made possible by the defection of military units that once supported the regime.
The fall of the Assad regime came after 13 years of civil war, which severely impacted the country. Following the regime’s collapse, Assad and his family fled to Moscow, where they were granted asylum by the Russian government.
The collapse of the regime and the uncertain future of Syria have left many questioning the country's economic stability. However, the Central Bank's reassurance regarding citizens' deposits aims to calm fears and prevent panic during this volatile time.
MENAFN10122024000045015839ID1108974676
Legal Disclaimer:
MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.