The Central Bank of Syria executed its first letter of credit in 14 years for the Syrian Petroleum Company, coordinating with a major U.S. bank and a leading global oil company to import petroleum products through formal banking channels.
Central Bank of Syria executes first letter of credit in 14 years for petroleum imports
The Central Bank of Syria executed its first letter of credit in 14 years to finance petroleum imports for the Syrian Petroleum Company through formal banking channels.