Saudi Arabian Monetary Authority


Saudi Central Bank Chief Says No Time To Relax After Coronavirus Crisis

Middle East Business News - Published date: .

Ahmed Alkholifey, head of the Saudi Arabian Monetary Authority, says he is confident the country's economy will weather ... Read more

Saudi Arabia Spends $57bn To Soften Economic Blow Of Covid-19

Middle East Business News - Published date: .

Over 650,000 people have directly benefited from the measures, according to the kingdom's Ministry of Finance Read more

Saudi Central Banker Says 'too Early' To Call Recovery V-shaped

Middle East Business News - Published date: .

Ahmed Alkholifey said some foreign banks have delayed opening in the kingdom because of the virus Read more

What Saudi Arabia's Big Bank Merger Says About The Kingdom's Economy

Middle East Business News - Published date: .

The $15.6bn deal to combine National Commercial Bank and Samba would create a banking giant in terms of loans with almo... Read more

Saudi Central Bank Affirms Commitment To Currency Peg Against Dollar

Middle East Business News - Published date: .

Saudi Arabian Monetary Authority to maintain exchange rate at 3.75 riyals to the dollar Read more

Double-digit Drop In Saudi Expat Remittances For First Nine Months

Middle East Business News - Published date: .

Transfer of money by Saudis outside the kingdom also down 9% compared to last year Read more

Saudi Arabia Said To Mull Increase In Lending For Aramco IPO

Middle East Business News - Published date: .

Sources say Saudi Arabian Monetary Authority met banks this week to discuss how much they can lend to domestic stock buy... Read more

Saudi Banking Sector Shows Strong Growth

Middle East Business News - Published date: .

Latest KPMG report reveals increase in net profit and total assets Read more

UAE's Largest Bank Launches Saudi Ops With Riyadh Branch

Middle East Business News - Published date: .

First Abu Dhabi Bank has officially inaugurated its Saudi Arabia operations by opening its first branch in Riyadh Read more

Standard Chartered Gets Approval To Open Branch In Saudi

Middle East Business News - Published date: .

The 150-year-old lender has been operating in the kingdom through Standard Chartered Capital Saudi Arabia since 2009 Read more

No More Bank Mergers Expected In Saudi Arabia, Says Central Bank Governor

Middle East Business News - Published date: .

Central Bank Governor Ahmed Al-Kholifey said that deflation is unlikely in Saudi Arabia due to consumer demand and real ... Read more

Why It Pays To Bank On Customer Experience

Middle East Business News - Published date: .

Brand View: There's a sure-fire way for Saudi banks to deliver sustained levels of growth, and that's by providing a sup... Read more

Why It Pays To Bank On Customer Experience

Middle East Business News - Published date: .

Brand View: There's a sure-fire way for Saudi banks to deliver sustained levels of growth, and that's by providing a sup... Read more