Tag: SAMA
Saudi Payments & Visa brings out ‘Tap to Phone’ to support...
Saudi Payments, owned by the Saudi Central Bank (SAMA), has teamed up with the world's leader in digital payments, Visa, to launch an innovative,...
CBUAE & SAMA won Central Banking Magazine’s ‘2021 Global Impact Award’
The Central Bank of the UAE (CBUAE) and the Saudi Central Bank (SAMA) have been awarded the Global Impact Award by Central Banking Magazine...
Saudi’s SAMA to boost digital economy; Completes licensing procedures of 2...
The Saudi Central Bank (SAMA) has completed the procedures linked to studying the license applications for two local digital banks to start operations in...
Saudi’s Geidea brings ‘tap-on-phone’ to facilitate contactless payment
Saudi-based fintech company, Geidea has added a 'tap-on-phone' feature for contactless payments with the aim to empower SMEs with a simple way to process...
Saudi’s PIF investments to bolster corporate credit growth: S&P
Investments made by Saudi Arabia’s sovereign wealth fund Public Investment Fund (PIF) will support credit growth among companies in the Kingdom, as per rating...
Saudi Central Bank extends deferred payment program until June 30
The Saudi Central Bank (SAMA) has extended the deferred payment scheme to facilitate private sector funding for another three months until June 30, as...
Saudi Arabia to get new instant payments system this month
The Saudi Central Bank (SAMA) has declared the launch date for a new electronic instant payments system the Kingdom has designed to reduce its...
Saudi Arabia’s credit support for SMEs surged in 2020 amid COVID-19:...
In 2020, Saudi Arabia witnessed an increase in financing provided to small and medium-sized enterprises (SMEs) by the Kingdom’s banks and financial companies despite...
