What is the benefit of increasing the number of names and branches of government banks?
What is the benefit of increasing the number of government-owned banks and branches?
What is the benefit of increasing the number of government-owned banks, namely the Commercial Bank, the Real Estate Bank, the Agricultural Bank, and the Postal Savings Bank? Each bank has its own branches and independent management. Given that the Central Bank is their sole supervisor, and their goal is to achieve the overall interest of the national economy, why not merge all of these banks and their branches into the Central Bank of Syria?
In addition to a single account network and a single, new, and modern accounting program connected to the global SWIFT network after the lifting of economic sanctions,
one ATM and one central management,
in addition to the ease of transferring funds between all of these branches,
a larger and stronger financial base to carry out more tasks,
and much greater ease of dealing with depositors and providing banking services to dozens of branches of the same bank.
Economic expert George Khazam
