The Governor of the Central Bank of Syria, Dr. Abdul Qader Al-Hosari, confirmed his determination to establish an integrated system for real estate financing, which formed the basis for issuing Law 39 of 2009. The aim is to regulate this sector through a regulatory authority, a guarantee fund, and private financing institutions.
He also explained that the model is based on successful global experiences such as those in Denmark and Canada, to ensure effective financing that contributes to improving housing conditions, especially given the need to rebuild destroyed homes through facilitated loans with international support.
The governor stressed the Central Bank's support for the initiative to activate the Real Estate Financing Supervisory Authority, emphasizing that housing is a fundamental right that must be achieved for every Syrian family and youth.
