As Lead IPO Manager, BSFF will act as the main liaison between Al Baraka Bank-Syria, the Syrian Commission on Financial Markets & Securities (SCFMS) and the participating subscription banks.
BSFF was the first brokerage company to execute a buy order marking the beginning of trading operations at the exchange.
is a leading financial services and investment company providing financial advisory, brokerage, asset management and IPO management services to both individual and institutional investors in Syria.
Alaa Abu Al Aish, marketing and sales manager at SSC, said:" We are proud to be the brokerage solutions provider of BSFF.
The inauguration of the Damascus Securities Exchange is a key turning point in the Syrian Economy, giving BBSF the opportunity through its subsidiary BSFF to widen its services and to maintain its distinction as the first private bank in Syria and the first licensed brokerage company to receive DSE membership benefiting from SSC's interoperability and customizable solutions, proven time and time again.
Managed by BSFF
, a total 325 investors subscribed through one of three participating Syrian banks including BBSF, the International Bank for Trade and Finance (IBTF), and Arab Bank-Syria (ABS).