NAME CHANGE: Saudi Arabian Monetary Authority Being Renamed to Saudi Central Bank
Posted on 11/26/2020
The Saudi Arabian Monetary Authority (SAMA) will be renamed to Saudi Central Bank under a new law approved by Saudi Arabia’s King Salman bin Abdulaziz al-Saud. The new law encapsulates the central bank’s objectives that include maintaining monetary stability, promoting financial sector stability and supporting economic growth, with direct reporting to the King of Saudi […]