Saudi Central Bank

5 results about this entity

Period: 17 Jul 2024 - 20 Feb 2025

/payments

Saudi riyal gets official curency symbol

The Governor of the Saudi Central Bank (SAMA), H.E. Ayman M. Al-Sayari, extends his profound appreciation to the Custodian of the Two Holy Mosques, King Salman bin Abdulaziz Al Saud, and HRH Crown Prince and Prime Minister, Prince Mohammed bin Salman, for launching the Saudi riyal symbol.

/payments

Google Pay to land in Saudi Arabia

The Saudi Central Bank (SAMA) and Google signed an agreement to bring Google Pay to Saudi Arabia during 2025 through the national payment system “mada”.

/regulation

HyperPay secures Saudi digital payment services license

The Saudi Central Bank (SAMA) has announced the granting of a license to HyperPay Inc. Saudi Arabia for Information Systems Technology to operate digital payment services via an electronic wallet in the Kingdom.

/regulation

Saudi Central Bank authorises fintechs to practice open banking

The Saudi Central Bank (SAMA) announces the authorization of “Seen Square Fintech” and “New Technology for Software Solutions” to practice open banking activities, and “Money Moon” to practice peer-to-peer financing activities, to operate under the legislative sandbox.

/wholesale

Saudi Central Bank introduces Government banking services platform

The Saudi Central Bank (SAMA) has launched “Naqd,” a government banking services platform that provides easy access for government entities to their accounts at SAMA to conduct financial transactions through a secure digital platform.