As part of its efforts to enhance the services provided to its members and expand access to financial support, the Latakia Chamber of Commerce and Industry held a working meeting with the management of Al Baraka Bank, attended by the bank’s CEO, several executive directors, and representatives of the chamber.
The meeting focused on exploring ways to strengthen cooperation between the banking sector and the business community, aiming to provide more flexible financial solutions that meet the needs of traders and industrialists in Latakia.
The discussions resulted in a preliminary agreement to prepare for signing a strategic partnership between both parties. This partnership aims to support commercial and industrial activities by offering a range of banking services and facilities, including the study of soft loans, credit facilities for business owners and their employees, opening dedicated bank accounts for chamber members, providing advanced banking services, and offering financing options for holders of the commercial card in accordance with approved banking regulations.
This initiative aligns with the chamber’s strategy to improve the business environment, empower the private sector, stimulate economic activity, and create broader investment opportunities in Latakia
1/5/2026
