SGB will assume all functions of a Commercial Bank including:
Opening of accounts/Deposits in Syrian pounds and foreign currencies.
Credit facilities including loans.
Import-Export trade finance
Letters of credit and Guarantees.
Retail business activities.
Correspondent Banking services.
Deposit activities:
Checking accounts.
Sight and Time saving accounts.
Deposit accounts.
All the above mentioned accounts can be denominated in local and foreign
currencies.
Credit and loans facilities:
Short and medium term credit facilities to companies and businesses.
Overdraft facilities to qualified customers.
Working capital loans and advances.
Trade Finance Service:
Issuing Letters of Guarantee in local and foreign currencies.
Opening and confirming Letters of Credits.
Discounting local and foreign drafts.
Documentary collections.
Correspondent banking services:
SGB is part of an important network of banks. It offers traditional correspondent banking services to its local clients as well as to foreign banks and companies interested in banking services in Syria.
Other services:
A number of additional services will be available to our customers in the near future.
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