Cooperation agreement with the Syrian Trust Al-Thiqa Insurance Company

The Ibdaa Microfinance Bank and the Syrian Trust Insurance Company signed a cooperation agreement aimed at providing insurance services to customers of the Ebdaa Bank. The agreement, which was signed at the bank’s headquarters in Damascus, stipulates that the Ebdaa Microfinance Bank will allocate outlets for issuing the insurance documents provided by the company, based on the Microfinance Banks Law and the decision of the Insurance Supervisory Authority that includes the controls for the work of these banks in the field of insurance. The agreement was signed in the presence of Adeeb Sharaf, CEO of Ibdaa Bank, Abdullah Al-Jawdah, Executive Vice President of Ibdaa Bank, and Omar Heneidi, Director of Operations at Ibdaa Bank, and from the Syrian Trust Insurance Company, the general manager of the company, Yazan Deeb, marketing officer, Lama Halloum, and legal advisor, Faisal Kaliko.