The Saudi Central Bank (SAMA) is the Central Bank of the Kingdom of Saudi Arabia. SAMA was established in 1371H (1952). The objectives of the Bank are as follows:
1- Maintaining monetary stability.
2- Supporting financial sector stability, and promoting confidence in it.
3- Supporting economic growth.
SAMA’s functions are as stipulated in the Central Bank Law. Some of the functions and powers to achieve its objectives are listed below.
• Issuing the national currency
• Oversighting and supervising financial institutions
• Issuing regulations and instructions relevant to financial institutions and their business.
• Formulating and conducting monetary policy
• Managing FX reserves
• Acting as banker and advisor to the government
• Developing and operating the infrastructures of national payment, settlement and clearing systems
• Establishing procedures to ensure protection of financial institutions’ customers
Company Details
- Employees
- 2.80K
- Address
- Po Box 2992, Al-Ma’ather Street,saudi Arabia
- Industry
- Financial Services
- NAICS
-
Finance and InsuranceMonetary Authorities-Central Bank
- Website
- sama.gov.sa
- Keywords
- Issues national currency, the Saudi Riyal, Acts as a banker to the government, Supervises commercial banks, Conducts monetary policy for promoting price and exchange rate stability.
- HQ
- Riyadh, Riyadh
Saudi Central Bank – Sama Questions
Saudi Central Bank – Sama's website is sama.gov.sa
Saudi Central Bank – Sama's LinkedIn profile is https://sa.linkedin.com/company/saudi-central-bank-sama
Saudi Central Bank – Sama has
2.80K employees.
View email and phone details for 2.80K
employees at Saudi Central Bank – Sama.
Saudi Central Bank – Sama's industry is
Financial Services
Saudi Central Bank – Sama's top competitors are
بنك البلاد | Bank Albilad,
Confidential Government,
Stc,
Ministry Of Finance, Saudi Arabia,
Zakat, Tax And Customs Authority,
Riyad Bank,
Sdaia | سدايا,
Alrajhi Bank,
Public Investment Fund (Pif),
Alinma.
Saudi Central Bank – Sama's categories are Financial Services
