Real estate loans in Syria benefit only the wealthy ...Syria

Enab Baladi – Jana al-Issa Three out of six public banks in Syria provide real estate loans. However, although the terms and conditions set forth by the banks for real estate loan approvals are difficult to meet, the Syrian regime still promotes “their great benefits” in securing funds to stimulate the real estate market and boost the economy.” In fact, real estate loans pose additional burdens on citizens amid rising real estate prices compared to the monthly income in Syria. This year, real estate prices have increased by nearly 100 percent. In this article, Enab Baladi discusses considerations related to the feasibility of real estate loans granted by banks in Syria to find out

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Real estate loans in Syria benefit only the wealthy ...Syria

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