Tag: SAMA
Saudi SAMA issues rules on e-service for banking documents
The Saudi Central Bank (SAMA) has issued controls on electronic issuance and verification for banking documents, as part of its ongoing efforts to improve the...
Saudi’s SAMA to begin repo operations with Bloomberg from Jan 2022
The Saudi Central Bank (SAMA) has revealed that it will use the Bloomberg auction system to conduct repo, reverse repo and Open Market Operations...
Saudi’s SAMA issues public consultation on rules for real estate refinance...
The Saudi Central Bank "SAMA" has released a public consultation on rules for regulating the business of real estate refinance companies in the kingdom.
The...
Saudi’s SAMA unveils 1st version of its Open Data Platform
The Saudi Central Bank (SAMA) has launched the first version of its Open Data Platform, which includes economic, financial, and monetary statistics and indicators.
The...
Saudi Arabia sees high contactless payments adoption via NFC; SAMA
The Saudi Central Bank (SAMA) revealed that the Kingdom witnessed the highest adoption of contactless payments through Near-Field Communication (NFC) with 94 percent, the...
Saudi’s SAMA extends deferred payment program by 3 months
The Saudi Central Bank (SAMA) has extended the deferred payment program it launched for micro, small and medium enterprises (MSME) by another three months.
Last...
Saudi Payment’s PoS transactions reach $60.5bn in H1 2021
Saudi Payments, owned by the Central Bank of Saudi Arabia (SAMA), has achieved over 2.2 billion Point of Sale (PoS) transactions which were valued...
Saudi’s SAMA extends SME deferred payment program until September 30
The Saudi Central Bank (SAMA) has extended the deferred payment program to help the small and medium-sized enterprises (SMEs) that are struggling with the...