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Find similar grantsSTAR (Syria Agricultural Program) is sponsored by World Bank. A six-year program to modernize Syrian agriculture, including crop production, strengthening agricultural value chains, supporting the livestock sector, reviving agricultural cooperatives, and digitizing the agriculture ministry's operations.
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Syria: World Bank Approves US$100 Million Grant for Financial Sector Modernization https://www. worldbank. org/ext/en/home https://www.
worldbank. org/ext/en/news https://www. worldbank.
org/en/news/all? displayconttype_exact=Press+Release&lang_exact=English Syria: World Bank Approves US$100 Million Grant for Financial Sector Modernization https://www. worldbank.
org/en/news/press-release/2026/08/07/syria-world-bank-approves-us-100-million-grant-for-financial-sector-modernization Syria: World Bank Approves US$100 Million Grant for Financial Sector Modernization Syria: World Bank Approves US$100 Million Grant for Financial Sector Modernization Syria: World Bank Approves US$100 Million Grant for Financial Sector Modernization Syria: World Bank Approves US$100 Million Grant for Financial Sector Modernization https://delivery-p136806-e1377785.
adobeaemcloud. com/adobe/assets/urn:aaid:aem:7318e4fd-9e34-4d30-b850-9031d6d1b808/as/780_Syria_MENA_shutterstock_2564391301. avif WASHINGTON, August 7, 2026 – The World Bank Board of Executive Directors approved yesterday a US$100 million grant from the International Development Association (IDA) to support Syria in building the foundations of a modern, secure, and digitally-enabled financial sector.
The Syria Financial Sector Modernization Project will support investments that will help make financial transactions safer, faster, and more transparent, while creating conditions for better access to financial services.
After 14 years of conflict, Syria’s financial sector remains small, bank-centric, and heavily reliant on cash with minimal financial intermediation, outdated digital payment infrastructure, and challenges in supervisory, financial integrity, and financial stability systems.
These constraints raise transaction costs, impede access to finance and limit Syria’s reconnection with international financial channels needed for trade and investment.
A functioning financial system is vital for recovery, enabling wage and pension payments, remittances, business transactions, and facilitating trade and investment, secure and transparent delivery of humanitarian and development assistance, and more effective public revenue collection and government payments.
The Syria Financial Sector Modernization Project will support the modernization of core financial infrastructure, the rehabilitation of the banking sector, and efforts to strengthen supervision, financial stability and integrity. It will enhance the operational capacity of the Central Bank of Syria and the Financial Intelligence Unit.
Specifically, the project will finance payment and financial market infrastructure and the technology environment –including credit infrastructure– required for safe, efficient, and transparent financial flows across the economy. It will also invest in the Central Bank’s core banking system, information technology, and cybersecurity capabilities.
In addition, the project will support independent, system-wide Asset Quality Reviews covering public and private banks, strengthen risk-based supervision, deploy core supervisory technology applications, and enhance financial integrity and AML/CFT capabilities through investments in systems, hardware, analytical tools, and institutional capacity.
expert-quote, expert-quote-slider A modern financial system is essential for Syria’s economic recovery and future development.
The Syria Financial Sector Modernization Project will help make payments safer and more efficient, strengthen financial integrity, and establish essential foundations enabling the financial sector to better serve households and businesses, including through expanded access to financial services necessary to support private sector-led growth and job creation.
World Bank Director for the Middle East Department Over its implementation period, the project aims to operationalize foundational financial sector systems, enable at least 15 million electronic retail payments annually, and support at least 500,000 people and businesses, including 150,000 women, in actively using digital payments through project-supported systems.
Independent Asset Quality Reviews are expected to cover the entire banking system, laying the groundwork for future banking sector reforms. These efforts will be complemented by stronger supervision, including more risk-based prudential and AML/CFT supervisory reviews of financial institutions.
Taken together, the project-supported investments and reforms will strengthen the financial sector’s capacity to support economic activity, trade, investment, access to finance, and financial inclusion. zelkhalil@worldbankgroup. org about-world-bank-i18n-key about-world-bank-description-i18n-key about-world-bank-description https://www.
worldbank. org/ext/en/country/syria https://www. worldbank.
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According to the current listing, eligibility includes: Syrian agricultural sector, including farmers, herders, and agricultural cooperatives, through government ministries. Confirm the full requirements in the official notice before applying.
The current listing shows $175 million. Verify award ceilings, matching requirements, and allowable costs in the official notice.
STAR (Syria Agricultural Program) is funded by World Bank. Verify program details on the funder's official page before applying.
Start from the official opportunity page linked in this listing — it carries the sponsor's submission instructions.
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