Exclusive: Exempting real estate buyers from depositing 50% of the property price in the bank is a step aimed at facilitating procedures

Central Bank of Syria Governor Abdul Qadir Hasri said today, Saturday, that exempting real estate buyers from depositing 50% of the property price in the bank is a step aimed at facilitating procedures.

Hasri added: "Waiving the bank deposit may expose the parties to potential risks," and emphasized that completing real estate transactions through official channels remains the safest and most sustainable option.

He pointed out that the freedom to withdraw from the bank account is legally protected according to the instructions of the Central Bank of Syria.