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Mar 6, 2024 · The Saudi Central Bank (SAMA) seeks public consultation on the draft of “Banking Tariff Guideline". In this context, SAMA invites stakeholders and the public for their suggestions.
The Saudi Central Bank (Arabic: البنك المركزي السعودي), previously known as the Saudi Arabian Monetary Authority (SAMA; Arabic: مؤسسة النقد العربي السعودي), established in 1952, is the central bank of the Kingdom of Saudi Arabia. After the name change in 2020, the Saudi Central Bank continued to use the ...
Feb 9, 2021 · Saudi Arabia’s central bank is set for its most significant changes in decades as a new law comes into force this month that analysts say will formalise Crown Prince Mohammed bin Salman’s...
- Simeon Kerr
Riyadh, July 26, 2023, SPA -- The Saudi Central Bank (SAMA) decided to raise the rate of Repurchase Agreement (Repo) by 25 basis points to 6.00 percent, and the rate of Reverse Repurchase Agreement (Reverse Repo) by 25 basis points to 5.50 percent.
Riyadh, November 02, 2022, SPA -- The Saudi Central Bank (SAMA) announced the issuance of the Open Banking Framework as one of the key outputs of the Open Banking Program, which includes a comprehensive set of legislation, regulatory guidelines and technical standards based on international best practices to enable banks and fintechs to provide ...
Dec 14, 2022 · The Saudi Central Bank said on Wednesday it increased its key interest rates by 50 basis points, following the U.S. Federal Reserve's move as the Saudi riyal is pegged to the dollar.
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