Description
Established in 1952 as one of the region’s first monetary institutions, the Saudi Central Bank (SAMA) serves as the cornerstone of the Kingdom’s financial system. Its fundamental mission is to safeguard monetary and financial stability. To achieve this, SAMA oversees critical functions such as monetary policy implementation, foreign reserve management, currency issuance, and comprehensive oversight of banks and financial companies. Evolving with the economy, SAMA now also champions the growth of fintech and digital financial services, positioning itself as a key enabler of Saudi Arabia’s ambitious economic transformation under Vision 2030.
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