Welcome to Bank of Syria and Overseas
About Bank of Syria and Overseas

Bank of Syria and Overseas  (BSO),is among the first private banks to open in Syria, established in December 2003 and started its operations in January 2004

BSO provides a complete line of commercial banking services, which include:

  •  Deposits in Local and Foreign currencies

  •  All commercial banking transactions related to domestic and international trade and their finance by discounting bills, and opening Letter of Credits, handling collections, transfers ...etc

  •  Credit facilities to commercial and industrial enterprises

  •  Small and Medium Enterprises Loans

  •  Correspondent Banking Services

  •  Issuing Letters of Guarantee

  •  Retail loans (Cars, Personal, Housing, for Doctors and Pharmacists  and for Consumer goods)

  •  Local ATM cards

  •  Domiciliation of Mobile Bills

  •  Electronic Banking Services eBSO

The Bank adopts International Accounting Standards (IAS) and International Financial Reporting Standards (IFRS).

BSO owns 52% of the new established brokerage company, Syria and Overseas for Financial Services, which started its activities end of 2009 with a paid up capital of SYP 300 million.

The new founded company offers the following services: Advisory Services, IPO management, Investment Management and Financial Consultancy.

BSO is the one of the major shareholders in Syria International Insurance (Arope Syria), which is one of the major players on the insurance field in Syria.


Small Business Loan (SBL):  

This loan is designed to meet the needs of individuals and small enterprises who are interested in improving their business through increasing their working capital, financing fixed assets for business expansion, or starting new projects, targeted categories include:

  •  - Small and medium sized merchants and industrialists

  •  - Craftsmen and Freelance workers

  •  - Small under establishment enterprises

  •  - Individuals with high educational background (Engineers, Doctors, Pharmacists, Accountants…)

Loan Conditions and Features:

  •   - Loan Amount: 1 Million SYP-5 Million SYP

  •   - Period: from 1 to 5 years max

  •   - Competitive interest rates

  •   - Payment: monthly installments

  •   - Grace period: 6 months for new projects

Required Guarantees:

  •   - First degree mortgage, residential property accepted

  •   - Business property insurance policy paid by the applicant

 '" For More Information, you can contact us on the following email address: sbl@bso.com.sy "



Copyrights Bank of Syria & Overseas  2011