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Central Bank of Syria assures citizens their deposits are safe

December 9, 2024 at 6:04 pm

Syrian lira banknotes at the Commercial Bank of Syria in Damascus, on November 10, 2022 [Photo by LOUAI BESHARA/AFP via Getty Images]

After the fall of Assad regime, the Central Bank of Syria, Monday, announced that citizens’ deposits in banks are safe and unharmed, Anadolu Agency reports.

In a Facebook post, the Central Bank stated that the banks and financial institutions in the country will continue operating as usual.

After a period of relative calm, clashes between Assad regime forces and anti-regime groups reigned on 27 November in rural areas west of Aleppo, a major city in northern Syria.

Over 10 days, opposition forces launched a lightning offensive, capturing key cities and then, on Sunday, the capital, Damascus. The rapid advance, supported by defecting military units, led to the collapse of the Assad regime after 13 years of civil war.

Assad and his family fled to Moscow where Russia granted them asylum.

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