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Syria: Liberalization of foreign involvement in banking sector

Description

In a first step in October 2009, the government raised minimum capital requirements for foreign banks to USD 200 million for conventional banks (up from USD 30 million), and to USD 300 million for Isl...

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Intervention Details

Intervention Type

FDI: Entry and ownership rule

MAST Chapter

FDI measures

Implementation date

01 Oct 2009

Revocation date

No revocation date

Implementation level

National

Affected flow

Inward

Announced as temporary

No

Eligible firms

all

Affected Trading Partners

Graph

Table

Affected Sectors

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Affected Products

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