SAMA’s role in the Saudi economy

SAMA was established by the issuance of royal decrees number 30/4/1/1046 and 1047 on April 20 1952, and was officially inaugurated on October 4 1952. SAMA's objectives as set out by its charter include the following:

1. to issue and strengthen the Saudi currency and to stabilise its internal and external value;

2. to deal with the banking affairs of the government; and,

3. to regulate commercial banks and exchange dealers.

Over time SAMA has evolved into a full-fledged central bank, with additio

To continue reading...

You must be signed in to use this feature.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: