Tender Details

Country: Syria
Summary: Financial Sector Mapping and Market Study in Syria
SYT Ref No: 124635038
Deadline: 28 Aug 2025
Financier: World Bank (WB)
Purchaser Ownership: Government
Tender Value: Refer Document
Notice Type: Tender
Document Ref. No.: 0002017827
Purchaser's Detail:
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Description:
IFC, a member of the World BankGroup, promotes sustainable private sector investment in developing countriesas a way to reduce poverty and improve people-s lives. In addition to itsinvestment work, IFC provides advisory services to a number of its clients tosupport them in meeting specific development goals. IFC-s Financial InstitutionsGroup (FIG) engages in a wide range of sub-sectors including Microfinance, Smalland Medium Enterprises (SMEs), Gender, Climate, Insurance, Capital Markets,Housing, Distressed Assets, and other areas, with both investment and advisoryservices delivered to IFC-s clients through IFC-s global network. FIG has threemain objectives: 1) financial inclusion 2) servicing the real economy and 3)mobilizing third-party resources.The financial sector in Syria, aFragile and Conflict-Affected State (FCS), has experienced significant declineover the past 14 years due to economic downturns caused by conflicts, politicalinstability and security challenges (UNDP,Feb 2025). The conflicts have had devastating economic consequences,with GDP shrinking from $67.54 billion in 2011 to $9.7 billion in 2024 andinflation reaching 128% in 2023 driven by currency depreciation and supplyshortages before declining to 58% in 2024. The Syrian currency's value hastumbled from around 50 pounds per U.S. dollar in late 2011 to over 13,000pounds in December 2024 (World Bank, IMF). The United Nations (UN), EuropeanUnion (EU), United States (US), and United Kingdom (UK) placed sanctions onSyria during the regime of former President Bashar al-Assad. These sanctionscrippled the financial sector and posed significant barriers to financialtransactions and investment inflows. With the removal of President al-Assad inDecember 2024, the US, UK and EU have lifted some of their sanctions. IFC-s re-engagement in Syria is expected tofocus on i) helping the financial sector-s rehabilitation, ii) supportingregional economic integration, and iii) preparing for medium- to long-terminvestmen...
Documents:

TORs-Syria-Financial-Sector-Support_v2-Aug-11.docx

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Financial Sector Mapping and Market Study in Syria - Syria Tender

The WORLD BANK(WB), a Government sector organization in Syria, has announced a new tender for Financial Sector Mapping and Market Study in Syria. This tender is published on SyriaTenders under SYT Ref No: 124635038 and is categorized as a Tender. Interested and eligible suppliers are invited to participate by reviewing the tender documents and submitting their bids before the deadline on 2025-08-28.

The estimated tender value is Refer Document, and full details, including technical specifications and submission requirements, are provided in the official tender documents. Ensure all submissions meet the criteria outlined to be considered for evaluation.