Commercial Bank of Syria
U.S. Sanctions Syrian International Islamic Bank
Wed, 2012-06-06 07:35 — newsdeskIt seems that the U.S. Treasury Department set sanctions on the Syria International Islamic Bank for supposedly acting as a front for the Commercial Bank of Syria.
SIIB gave permission to the Commercial Bank to circumvent the measures against it by the U.S., European Union and Arab League.
Treasury claimed that financial arrangements purportedly made by SIIB were actually done by the Commercial Bank itself.
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