The Syrian banking sector stands at a critical juncture in 2025, shaped by years of war, economic fragmentation, and shifting regional alliances. In the wake of conflict and sanctions, Syria’s financial institutions have struggled to maintain trust, liquidity, and international relevance. Yet, a recent report from the Union of Arab Bank (April 2025) provides a comprehensive breakdown of Syria’s banking landscape, ownership structures, and financial performance, offering a foundation for understanding the sector’s current status and future potential. Particularly relevant is the role that Lebanese banks, long intertwined with Syrian commerce, can play in supporting and even spearheading a renewed banking movement in Syria.
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