The Syrian Commercial Bank, the Commercial Bank of Syria, is a governmental institution, Syria, and is considered the oldest banking institution, as it was established in 1967, and its headquarters are located in the capital, Damascus, and its capital has reached about 70 billion Syrian pounds, and it was established as a result of the nationalization and merging of 5 banks, It is the Arab East Bank, the Arab World Bank, the Arab Unity Bank, the Umayyah Bank, the Bank of Syria and Overseas, and the main objective of its establishment was to finance Syrian economic and commercial activity at home and abroad, through its branches in all governorates.