CENTRAL BANK INTEREST RATES APPLIED TO BANKS
 
TABLE21/15   21/15
Effective
21--68
May/21,1968
1-CAMMERCIAL BANK OF SYRIA   1-
*Rediscounts *
Commercial transaction bills 5.00
Agricultural transaction bills 3.25
Industrial transaction bills 4.25
Agricutural financing bills 3.50
Industrial financing bills 4.50
loans and advances  
Commercial loans 5.75
Industrial financing (short term) 4.25 ( )
Agricultural financing 3.25
Financing of export & storage operations 3.25
Financing storage of commercial wheat & barley  
Financing storage of commercial commodities 4.75
2-INDUSTRIAL BANK   2-
The rate stracture applied to industri'al bank eredit of up to 300 days is 1 .,5 % less than that utilized by the comm Bank of Syria for similar operations rates applied to industrel Bank'medium term credits ( up to 5 years )are 3% except operations for privatesector, producers & professional cooperatives in Mohafazat, (Deir-ez-Zor Hasakeh , Al-Rakka , Dar'a , Sweida ) &rural areas of the other hrovinces , which are granted a 2,5 % reduction 300
( 1.5 % ) 3% 2.5 %
3-AGRICULTURAL COOPERATIVE BANK   3 -
*The Agricultural Cooperative bank rate structure is 3/4% lower than the structure utilized by the comm. Bank of Syria for similar operations except for cooperative loans which are 1/2% lower   * 4/3 % ' 2/1 %
*4-REAL ESTATE BANK   *4 -
Loans & of advances to granted for one up to five years  
A-Housing cooperatives 4.00 -
B-Housing institutions, manicifalties and housing govermment companies 3.50 -
C- Housing , Individuals 4.50
D Tourist establishments, 'hospitals & schools 6.00
F-Building traders and Companies 6.00 -
**'5-Popular credit Bank   **5 -
Rediscount  
Smallindustries, artisans & Producer cooperative up to 300 days   300
Transaction Bills 2.50
Financing Bills 2.75
Small merchants, tradesmen & consumer cooperative up to120 days   120
Transaction Bills 3.25
Financing Bills 3.50
Loans and Advances**   **
Financing small industries, artisans and producer cooperatives
Up to 300 days 3.00 300
More than 300 days and up to 3 years 3.75 300
Financing small merchants, trades men & consumer cooperatives
Up to 120 days 2.75 120
More than 120 days and up to 3 years 3.50 120
* Domiciled bills are granted a 1/4% reduction
*Effective Dec . 30 , 1977
**Effective Mar . 22 , 1966
**Effective Mar , 22 , 1966
* 1/4 %
* 30 1977
** 22 1966
** 22 1966