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14 years after the last documentary credit, the Central Bank of Syria executes the first documentary credit for the Syrian Petroleum Company

2026-10-12

14 years after the last documentary credit, the Central Bank of Syria executes the first documentary credit for the Syrian Petroleum Company, in coordination with one of the major U.S. banks, for the supply of oil products to Syria through one of the largest oil companies in the world.
A step that lays the foundation for a new path in the financing of strategic trade, and the strengthening of the official banking channels necessary for carrying out supply operations and securing oil supplies to Syria.


as of 2026-10-12