CH6 private bank equity, minimum capital requirement, capital adequacy, foreign ownership ceiling
Status
READ
Version history
The register keeps changing after the book is fixed in print. Each entry below was added to this row in the order shown.
THIS IS THE ASSESSMENT THE CHAPTER SAID IT COULD NOT TELL THE READER EXISTED, AND ITS DATE IS THE DATE THE EARLIER BOOK GAVE. Chapter 6 at line 195 says 'I have not obtained that assessment, and I have made no attempt on it', names four untried routes, and ends 'I cannot tell you from anything I have opened that the assessment exists'. THE ROUTE WAS INSIDE A FILE THIS REPOSITORY ALREADY HELD: SRC-220, retrieved 17 August 2026, carries an href to karamshaar.com/syria-in-figures/syrian-private-banks-recapitalization-options/ and another to the publications index. Nobody extracted the links. THE FIGURE, VERBATIM: 'As of Q4 2025, the total equity of all Syrian private banks stood at SYP (old) 8.7 trillion (about USD 795 million). This is roughly equivalent to the equity of a single bank in Jordan, Egypt, or Tunisia, ranking in the lowest quartile among the largest 100 Arab banks.' THE MINIMUM CAPITAL REQUIREMENT: 'Syrian legislation sets the minimum capital requirement (MCR) at SYP (old) 10 billion (USD 0.9 million) for conventional banks and SYP (old) 15 billion (USD 1.3 million) for Islamic banks'; 'In 2010, when the exchange rate stood at SYP 47 per USD, the MCR was equivalent to USD 212.7 million for conventional banks and USD 319.1 million for Islamic banks'; 'Since then, however, the requirement has not been adjusted.' CAPITAL ADEQUACY: ratios 'far exceeded the Central Bank's regulatory minimum of 8 percent as well as the Basel III Committee's 10.5 percent requirement, and for three banks, exceeded 100 percent', which 'largely reflect restrictive lending (the denominator) rather than capital depth (the numerator)'; net credit facilities are 12.3 per cent of total assets as of Q3 2025; Syria continues to apply Basel II. FOREIGN ACCOUNTS: 'the average ratio of capital held in foreign accounts to total domestic credit is 7.2'. OWNERSHIP: 'the maximum share limit for non-Syrian owners is 49 percent, which rises to 60 percent if the parent banking group abroad holds the largest share', and the public sector holds 5.2 per cent of private banks' total capital. IT IS TIER 4 AND IT IS NOT THE LAW: the ownership limb is at the primary in SRC-245, and this summary drops the Council of Ministers decision the instrument requires. THE FIGURES ARE THE FIRM'S OWN, described on the page as 'our calculations', and no bank-by-bank data is published with them. READING OWED: whether the firm publishes the underlying dataset.
CITATION CORRECTED 18 AUGUST 2026 ON THE v10 DIFF REVIEW. This row and CAP-009 both carried the page's HTML <title> element, 'Syrian Private Banks: Recapitalization Urgency and Options', which the article itself does not display. ITS OWN H1 AND BREADCRUMB READ 'Recapitalizing Private Banks: Urgency and Policy Options', under Syria in Figures, dated March 2026 and numbered Issue 17. The v10 pass corrected the prose and left both rows, which is the fix-lands-in-prose-not-in-the-register shape this project's regression suite was built for. BOTH STRINGS ARE ON THE PAGE and the displayed one is what a reader following the citation looks for. ON THE PROVENANCE CLAUSE, correcting an error the v9 review made and the v10 pass copied: the analysis-of-financial-statements sentence is the SECOND sentence of the opening paragraph, not the opening sentence, which reads 'Amid high expectations for the role of Syrian banks in the reconstruction phase, the country's private banking sector faces a binding capital constraint.'