Basra Bank branch Manager Qays Al-Badri told reporters that the economic and financial reforms in Syria encouraged the bank management to open a branch in Damascus' free-zone.
The Damascus branch, he said, aimed to accelerate trade and boost economic cooperation between Syria and Iraq.
Syrian Free-Zone Director Adnan Sulaiman said that number of authorized banks in the free-zone has reached seven, stressing that Syrian economy has been developing despite regional developments.
