The Saudi Central Bank (SAMA) raised on Wednesday its reverse repo rate by 75 basis points (bps) to 325 bps…
Read More »The Saudi Central Bank (SAMA) has announced the amendment of some articles of the Implementing Regulations of the Finance Laws…
Read More »The Saudi Central Bank (SAMA) has announced updating regulations of the temporary precautionary procedures to protect bank clients from financial…
Read More »The Saudi Central Bank (SAMA) revealed that there are about 4.84 million accounts opened remotely without verification that the customer’s…
Read More »All banks in Saudi Arabia will halt opening new accounts for clients through online platforms “until further notice” as per…
Read More »The Saudi Central Bank (SAMA) announced licensing of three new companies specialized in finance and electronic payments, during the Global…
Read More »The Saudi Central Bank (SAMA) announced on Thursday that the share of electronic payments in retail business exceeded 57% of…
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