Banking Services
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Commercial Banking

Bank Al-Sharq offers a wide range of commercial products and services to help small & medium enterprises (SMEs) in addition to large corporate entities in achieving their growth.These services include the following:

  • Cash management and liquidity services, such as:
    • Banking transactions, that include deposits, withdrawals,
      interest management etc
    • Local and international transfers and collection services (transfer, remittances, checks issuance and collections, etc..), (in accordance with Central Bank of Syria regulations)
    • Advisory services for liquidity management
  • Trade and working capital finance services such as:
    • Financing working capital
    • Issuance of import letters of credit and acceptances settlement
      (in accordance with the Central Bank of Syria regulations)
    • Advising and confirming export letters of credit and acceptances
      settlement
    • Issuance and settlement export undertakings (in accordance with
      the Central Bank of Syria regulations)
    • Issuance and handling letters of guarantees of different types
    • Documentary collections deriving from import & export
      operations and payment (in accordance with the Central Bank of Syria regulations)
    • Discounting bills, bills for collection
  • Corporate finance and investment projects:
    • Short and medium term loans
    • Particpation in loans syndication

 

 

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