Syria, Austria sign MoU

A Memorandum of Understanding was signed between the Central Bank of Syria (CBS) and the Austrian National Bank on Thursday 22 March.

According to the memo the two central banks will cooperate on improving the organization and restructure of the CBS by an Austrian company for monetary service, JSA, and on-the-job training for employees of CBS in addition to designing , planning, and establishing new Directorates to deal with security and safety of transactions ,and banking systems.

Earlier , CB