The Saudi Central Bank (SAMA) announced the issuance of the Close-out Netting and Related Collateral Arrangements Regulations, applicable to all financial institutions under its supervision in ...

The Saudi Central Bank (SAMA) licensed Al-Annaya Al-Yatmania Co. to provide finance aggregation services, bringing the total ...

Saudi Arabia’s lenders are looking at offloading bad loans to prepare for a crucial decade of huge infrastructure investments ...

RIYADH - The total bank credit granted to the public and private sectors in Saudi Arabia reached its highest level at ...

Central Bank calls for secure alternatives such as in-app Live Chat or ChatBot services Dubai: The Saudi Central Bank (SAMA) has prohibited local banks from using instant messaging applications ...

Saudi Arabia's foreign reserve assets fell by about SAR 5 billion, or 0.3%, month-on-month (MoM) to SAR 1.62 trillion in February, according to the Sa ...

The Saudi Central Bank (SAMA) has issued a directive prohibiting local banks from using instant messaging applications such as WhatsApp for customer communications, citing reliability concerns.

Saudi banks’ combined net profit was SR80bn ($21.3bn) in 2024, up from SR70bn ($18.7bn) in 2023, with the sector average ...

The central bank, SAMA, aims not only to catch up with the level of digitalisation seen across the global financial services industry today, but also to position Saudi Arabia as a global leader in ...

RIYADH — The Saudi Central Bank (SAMA) announced the issuance of the Close-out Netting and Related Collateral Arrangements Regulations, applicable to all financial institutions under its supervision ...