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SAMA - Latest News

SAMA permits 4 new fintech firms to operate under REGULATORY SANDBOX

Press Release 30/09/2022

SAMA sets clear transformation plan for insurers, reinsurers to apply new IFRS: Governor

Argaam 28/09/2022

SAMA Governor says fintech pitches in sector’s growth

Argaam 19/09/2022

SAMA Governor says Saudi inflation still within reasonable rate

Argaam 18/09/2022

SAMA licenses Arab Sea Financial, Fatoorah as fintech payment firms

Argaam 15/09/2022

SAMA announces National Day holiday for banks

Argaam 06/09/2022

SAMA issues updated regulatory sandbox framework

Argaam 31/08/2022

SAMA says 6 banks, 2 firms have no objection on agent banking

Argaam 30/08/2022

SAMA seeks public feedback on draft rules for loss adjusters, loss assessors

Argaam 28/08/2022

E-payments surpass cash transactions in 2021: SAMA

Argaam 14/08/2022

SAMA licenses two payment financial technology companies

Argaam 07/08/2022

SAMA’s assets grow to SAR 1.986 trln in June

Argaam Special 31/07/2022

SAMA says compulsory vehicle insurance claims form updated, to take effect on Aug. 14

Argaam 25/07/2022

SAMA issues insurance policy of professional indemnity for auditors

Argaam 18/07/2022

Sharia-compliant finance up 16% to SAR 1.7909 trln in Q1 2022: SAMA

Argaam Special 07/07/2022

SAMA’s assets grow to SAR 1.864 trln in May

Argaam Special 28/06/2022

Here’s a look at SAMA board formation method, duties

Argaam 09/06/2022

Who is Sheila Al-Ruwaili, first Saudi woman on SAMA board?

Argaam 09/06/2022

Saudi Arabia’s macroeconomic prospects positive on expected increase in 2022 oil activities: Report

Argaam 28/05/2022

Sharia-compliant finance up 18% to SAR 1.724 trln in Q4 2021: SAMA

Argaam Special 01/05/2022

SAMA says second phase of ‘Sarie’ system underway with 4 new services

Argaam 25/04/2022

SAMA amends some articles of executive regulations of finance laws

Argaam 19/04/2022

SAMA updates temporary precautionary measures to protect bank clients from financial fraud

Argaam 12/04/2022

SAMA says 4.8 mln accounts opened remotely without verifying customer identity in 2021

Argaam 11/04/2022

SAMA takes precautionary measures to protect bank customers from fraud

Argaam 08/04/2022

SAMA issues draft regulation of payments law for public consultation

Argaam 07/04/2022

SAMA grants license to fintech firm Mobily Pay

Argaam 29/03/2022

SAMA’s assets fall to SAR 1.792 trln in February

Argaam Special 28/03/2022

Saudi banks’ aggregate profit climbs 55% to SAR 4.82 bln in February

Argaam Special 28/03/2022

SAMA hikes reverse repo to 75 bps, repo to 125 bps

Argaam 16/03/2022

SAMA Governor says 80 Fintech firms invest funds worth SAR 2 bln

Argaam 15/03/2022

SAMA announces Ramadan working hours; Eid Al-Fitr, Eid Al-Adha holidays

Argaam 14/03/2022

SAMA seeks public input on draft rules of financial consumers' protection

Argaam 13/03/2022

Saudi Cabinet approves amending SAMA law on appointing 2 vice-governors

Argaam 11/03/2022

SAMA extends guaranteed financing program for one year

Argaam 10/03/2022

POS transactions hit SAR 8.82 bln in week ending Feb. 19: SAMA

Argaam Special 24/02/2022

SAMA seeks feedback on amending Article 16 of finance companies control law regulations

Argaam 17/02/2022

Central banks mull using tech to raise financial system efficiency: Official

Argaam 04/02/2022

SAMA’s assets drop to SAR 1.848 trln in December 2021

Argaam Special 31/01/2022

SAMA says share of e-payments reaches 57% in 2021, exceeds FSDP target

Argaam 27/01/2022

PoS terminals in Saudi Arabia exceed 1 mln, says SAMA

Argaam 21/01/2022

SAMA issues governing rules for electronic issuance, authenticity verification of banking documents

Argaam 12/01/2022

SAMA updates rules for practicing debt crowdfunding activities

Argaam 11/01/2022

SAMA to launch repo operations using Bloomberg from January

Argaam 30/12/2021

SAMA extends deferred payment program for impacted MSMEs by another 3 months

Argaam 30/12/2021

SAMA’s assets grow to SAR 1.893 trln in November

Argaam Special 28/12/2021

SAMA seeks public feedback on draft rules regulating business of real estate refinance companies

Argaam 26/12/2021

SAMA obligates insurance companies to compensate vehicle owners for repairs, VAT

Argaam 21/12/2021

SAMA Governor says monetary conditions stable; banks' financial safety indicators strong

Argaam 14/12/2021

SAMA directs banks to issue clearance letters; transfer accounts, debts in shorter period

Argaam 04/12/2021

SAMA licenses 16 FinTechs in Q3 2021, says Al-Mubarak

Argaam 29/11/2021

Saudi Arabia to license more digital banks, says SAMA Governor

Argaam 26/11/2021

SAMA approves first insurance product for autonomous vehicles

Argaam 14/11/2021

SAMA seeks public review on updated rules for debt crowdfunding activities

Argaam 28/10/2021

GCC has more potential than other regions to move to digital currency : SAMA Governor

Argaam 26/10/2021

SAMA says mulling emerging technologies in financial sector, no plans to cancel banknotes

Argaam 23/10/2021

SAMA approves postal parcel insurance product

Argaam 07/10/2021

SAMA extends deferred payment program for impacted MSMEs by additional 3 months

Argaam 29/09/2021

SAMA’s assets grow to SAR 1.872 trln in August

Argaam Special 28/09/2021

SAMA Governor says monetary, fiscal stability maintained since 1952

Argaam 23/09/2021

SAMA directs banks to accept digital ID of customers

Argaam 10/09/2021

MSMEs defer SAR 174 bln in payments within SAMA private sector financing support program: Official

Argaam 07/09/2021

SAMA denies rumors of new instructions for retail mortgage loans

Argaam 06/09/2021

SAMA’s assets rise to SAR 1.848 trln in July

Argaam Special 29/08/2021

Amending articles of insurance companies control law to boost SAMA’s role: Governor

Argaam 25/08/2021

Saudi inflation expected to ease in Q3 2021 as VAT impact fades, says SAMA

Argaam 13/08/2021

Fintech firms currently exceed 60 in Saudi Arabia: SAMA official

Argaam 08/07/2021

Saudi foreign reserves decline on lag between import payments, export receipts: SAMA Governor

Argaam 04/07/2021

SAMA issues regulations to set up, manage health insurance risk pools via brokers

Argaam 30/06/2021

SAMA’s assets drop to SAR 1.826 trln in May

Argaam Special 28/06/2021

Digital banks to increase competition with Saudi banks, fintech firms: official

Argaam 25/06/2021

Saudi Arabia may see rise in digital-only banks, boost banking penetration levels

Argaam Special 25/06/2021

SAMA official says currently focusing on local Fintech firms

Argaam 24/06/2021

SAMA says digital banks offer competitive services, focus on retail, SMEs

Argaam 23/06/2021

SAMA says STC bank capital is SAR 2.5 bln, Saudi Digital Bank SAR 1.5 bln

Argaam 23/06/2021

SAMA extends deferred payment program for impacted MSMEs by another 3 months

Argaam 22/06/2021

SAMA submits licensing requests of two local digital banks to higher authorities

Argaam 10/06/2021

SAMA’s assets drop to SAR 1.832 trln in April 2021

Argaam Special 31/05/2021

Saudi economy, financial sector resilient, set to drive recovery: SAMA

Argaam 30/05/2021

SAMA adds COVID-19 coverage to insurance policies for expats entering Saudi Arabia

Argaam 26/05/2021

Loans from Saudi govt specialized credit institutions rise to SAR 237.4 bln in Q4 2020

Argaam Special 14/05/2021

Co-insurance agreement distributes covered risks, ensures fair pricing: SAMA

Argaam 11/05/2021

SAMA, CCHI add COVID-19 coverage to insurance policies for expats entering Saudi Arabia

Argaam 03/05/2021

SAMA issues license to debt collection firm

Argaam 21/04/2021

Saudi economic recovery likely to be ‘positive’ in 2021: SAMA

Argaam 06/04/2021

SAMA clarifies reports on client's exposure to fraud

Argaam 27/03/2021

Saudi insurance sector capable of creating jobs for citizens: SAMA official

Argaam 24/03/2021

PIF investments to support corporate credit growth, says S&P

Argaam 09/03/2021

SAMA extends deferred payment, guaranteed financing programs

Argaam 07/03/2021

SAMA to launch instant payments system on Sunday

Argaam 20/02/2021

King Salman appoints Fahad Al-Mubarak as SAMA Governor

Argaam 24/01/2021

SAMA eyes raising insurance contribution to GDP, boosting individual savings

Argaam 24/01/2021

Profile: Meet Fahad Al-Mubarak, Governor of Saudi Central Bank

Argaam 24/01/2021

Saudi central bank starts receiving Regulatory Sandbox applications

Argaam 16/01/2021

SAMA issues regulations for debt crowdfunding activities

Argaam 11/01/2021

SAMA studies 3 requests for consumer microfinance licenses, says official

Argaam 11/01/2021

SAMA issues ‘open banking policy’ to enable customers to securely share data

Argaam 10/01/2021

The Banker awards Ahmed Alkholifey as “Best Central Bank Governor in Middle East in 2020”

Argaam 04/01/2021

SAMA’s assets grow to SAR 1.86 trln in November 2020

Argaam Special 28/12/2020

CCHI endorses plan to support M&As among healthcare SMEs

Argaam 28/12/2020