The Role of Private Banking Credit in Financing the Industrial Sector in Syria

The banking credit is the funding source of all economic sectors; it's one of the most important services provided by banks. This paper highlights the role of bank credit provided by traditional private banks operating in Syria in financing the industrial sector. To achieve the purpose of the study, the sample collected consists of 11 commercial banks. The study period extended from 2006 to 2011. The study data is primarily collected from the financial statements of the banks studied. For the purpose of the study, a Panel Data Model, the pooled regression model, was used for data analysis. The data were analyzed based on statistical program Eviews7. The production function was used to examine the relationship between the banking credit provided by traditional private banks to industrial sector and GDP for the sector function. Results of the study showed that the banking credit provided by traditional private banks positively affects the GDP of the industrial sector in Syria. Results of the study showed that both the capital employed in the industrial sector and the private bank credit positively affect the GDP of the industrial sector in Syria, while the number of employees in the industrial sector negatively affects the GDP of the industrial sector.

Determinants of Profitability in the Insurance Companies An Applied Study on the Insurance Companies Operating in Syria

This research aims to identify the factors affecting the profitability of insurance companies operating in Syria, a contribution to assist the management of those companies to create the appropriate environment to ensure these companies to sustain and success in achieving their objectives and achieving the desired economic development. To achieve the purpose of the study, data was collected from insurance companies operating in Syria, two companies were excluded from the study, Oqaila Takaful Insurance Company because of its commitment to the principles of Islamic law, and the General Syrian Insurance Corporation because of the lack of of its financial data. The study period spanned from 2009 to 2013. For the purpose of the study data analysis was used a Panel Data model namely the pooled regression. The data were analyzed based on Eviews7. Results of the study showed that both the political crisis and investments positively affect the profitability of the company, while the leverage negatively affect the profitability of insurance companies, the company's size and liquidity, did not show an effect on the profitability of insurance companies.