French Two-Year Programme to Build Syria's Central Bank

France has said that the launch of a technical assistance programme for the Central Bank of Syria is a new step in strengthening bilateral cooperation with Damascus. The statement came in a post on the X platform by Jean-Baptiste Faivre, chargé d'affaires of the French Embassy in Syria.

Programme Launch

On Wednesday, the Central Bank of Syria launched, together with a French technical mission, a project to support and strengthen the bank's institutional and technical capacity in banking supervision, monetary policy and liquidity management.

Faivre said the launch reflects a commitment Paris made during French President Emmanuel Macron's visit to Damascus last July.

Implementing Bodies

According to Faivre, the programme runs for two years and is carried out jointly by:

• The French Treasury Directorate General
• Expertise France
• Experts from the Banque de France, as participants

Areas of Work

The programme focuses on four areas:

• Banking supervision
• Monetary policy
• Liquidity management
• Institutional capacity development

Faivre added that France is putting its technical and financial expertise at the service of strengthening Syria's economic and financial institutions, describing the initiative as a new concrete step within the partnership with Syria and in support of efforts to develop the financial and banking sector.

Link With Banque de France

On 7 July 2026, the Central Bank of Syria announced the reactivation of its banking relationship with the Banque de France by restarting its account at the bank, which contributes to financial and technical cooperation between the two sides.