Company Information

Saudi Arabian Monetary Authority (SAMA), the central bank of the Kingdom of Saudi Arabia, was established in 1372H (1952). It has been entrusted with performing many functions pursuant to several laws and regulations. The most important functions are the following:

· To deal with the banking affairs of the Government;
· Minting and printing the national currency (the Saudi Riyal), strengthening the Saudi currency and stabilizing its external and internal value, in addition to strengthening the currency’s cover;
· Managing the Kingdom’s foreign exchange reserves;
· Managing the monetary policy for maintaining the stability of prices and exchange rate;
· Promoting the growth of the financial system and ensuring its soundness;
· Supervising commercial banks and exchange dealers;
· Supervising cooperative insurance companies and the self-employment professions relating to the insurance activity;
· Supervising finance companies;
· Supervising credit information companies.


Deployed Capital N/A

Development Stage N/A

Location Riyadh, Saudi Arabia (KSA)

Branches N/A

Investor Type Corporate

Ticket Size N/A


Interests

Headquarters: Login to unlock

Branches: Login to unlock

Sub-Industries: Login to unlock

Industries: Login to unlock

Geographical Focus: Login to unlock