**Syria's Economic Revival: The First Steps Towards Financial Reintegration**

Fri Jun 20 2025 06:45:30 GMT+0300 (Eastern European Summer Time)
**Syria's Economic Revival: The First Steps Towards Financial Reintegration**

**The country's first electronic bank transfer in over a decade marks a turning point for Syria's economy after a prolonged isolation.**


**Syria's recent electronic transaction with a Western bank signals the nation's gradual re-entry into the global financial community, providing a hopeful outlook post-civil war.**



In a landmark development, Syria has taken a significant stride towards reintegrating into the international financial landscape, having successfully completed its first electronic bank transfer in 14 years. This transaction, executed with a European bank earlier this week, has sparked optimism and is seen as a crucial indicator of economic recovery following years of civil war and sanctions.

On Thursday, Abdulkader Husrieh, governor of the Central Bank of Syria, announced the successful transfer, encapsulating the gradual return of the war-torn nation to financial normalcy. "This signifies a step toward reintegrating the Syrian financial system into global financial channels," Husrieh stated, emphasizing the importance of the SWIFT system—the global platform for electronic bank transactions.

The reactivation of this system is a pivotal moment for Syria, marking the potential end of its prolonged economic isolation that began following the severe crackdown on pro-democracy protests in 2011, igniting a complex civil conflict. With President Bashar al-Assad's government ousted in December, a new political landscape is spurring hopes for financial recovery.

Economic analyst Jassem Ajaka hailed the transfer as a "new era for Syria," indicating that this initial transaction may symbolize an end to sanctions and the nation's return to the international fold. As Syria begins to emerge from its conflict-ridden past, the recent financial event stands as a beacon of hope for revitalizing the country's struggling economy and reconnecting it with the global market.

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